114 Credit Lane, Richmond Hill

$1,050,990
114 Credit Lane

$1,050,990

New
22d
Att/Row/Townhouse3-Storey

114 Credit Lane, Richmond Hill

Total Monthly Obligation $4,614

Beds
4
Baths
4
Park
1
Sqft
2000-2500
DOM
22d
Score
18
Yield
3.9%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Att/Row/Townhouse
MLS® Number-N13847318
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-5.8 × 33.659 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-BLUE DIAMOND REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Jefferson
Title-Residential Freehold

No agent assigned

Unprecedented value with a new price on remaining Builder inventory! Welcome to the Towns on Bayview and the serenity of ravine living. This spacious home backs onto private, lush greenery within an exclusive enclave of upscale homes. Unique features include ground floor bedroom with full 4 pc bath and w/o to backyard, elegant kitchen with expansive chef's island, and terrace for grilling. This new, never lived in home built by esteemed home builder Primont Homes includes a full Tarion Warranty for added comfort. Location, quality, and upscale living awaits. Book your private tour today! Listing price includes expanded HST rebate.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$840,792
Land Transfer Taxes$17,495
Legal Fees (Est.)
$
Total cash required for closing$229,193

Total Monthly Obligation

$4,614/mo
Mortgage $4,239
Monthly Loss $3,499
Principal$1,116
Interest$3,124
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.1%30
10-Year IRR
9.8%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,232/yr
NOI
$32,609/yr
Net Cash Flow
-$1,522/mo
Cash Margin
-44.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 114 Credit Lane

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.