3 Rosewater Street 1609W, Richmond Hill

$998,000
3 Rosewater Street 1609W

$998,000

New
22d
Condo ApartmentApartment

3 Rosewater Street 1609W, Richmond Hill

Total Monthly Obligation $5,682

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
22d
Score
15
Yield
4.0%
Cash on Cash
-11.5%
Cap Rate
2.1%
5Y IRR
6.6%
10Y IRR
7.6%
Property Type-Condo Apartment
MLS® Number-N13848476
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,980 (2025)
Maintenance-$1,124.55/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Poured, Metal/Steel Siding
Possession-IMMEDIATE
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Experience sophisticated condo living in the heart of Richmond Hill! This beautifully appointed 3-bedroom, 3-bathroom residence offers an exceptional combination of space, style, and convenience. The bright open-concept layout creates a seamless flow between the living, dining, and kitchen areas, perfect for both entertaining and everyday living. The modern kitchen features quartz countertops, a large centre island, premium appliances, and plenty of storage with 2 balconies. The spacious primary bedroom offers two walk-in closets and a spa- inspired ensuite, creating the perfect private retreat. Ideally located in the sought-after South Richvale community, with convenient access to Highway 7, Highway 407, shopping, dining, transit, and everyday amenities. A rare opportunity to enjoy luxury, comfort, and an unbeatable Richmond Hill location. Charles Howitt Public School & Langstaff S.S. school catchment.

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

Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$5,682/mo
Mortgage $4,026
Monthly Loss $4,623
Principal$1,059
Interest$2,966
Property Tax$332
Condo Fees$1,125
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.1%9
10-Year IRR
6.2%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,380/yr
NOI
$16,467/yr
Net Cash Flow
-$2,653/mo
Cash Margin
-78.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.7/ 100

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

Comparables

Properties near 3 Rosewater Street 1609W

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.