6 Elyssa Drive, Richmond Hill

$2,298,000
6 Elyssa Drive

$2,298,000

New
22d
Detached2-Storey

6 Elyssa Drive, Richmond Hill

Total Monthly Obligation $10,717

Beds
4
Baths
4
Park
4
Sqft
3500-5000
DOM
22d
Score
14
Yield
3.0%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.1%
Property Type-Detached
MLS® Number-N13851080
Beds-4
Bathrooms-4
Size-3500-5000 sqft
Lot Size-50.69 × 109.91 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,868 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bayview Hill
Title-Residential Freehold

No agent assigned

An impressive stone-and-brick exterior and interlock driveway welcome you to this stately Bayview Hill residence, set on a desirable corner lot. Immaculately maintained and freshly painted, the home offers over 3,800 sq. ft. of above-ground living space, with four bedrooms and a flexible teen retreat currently used as a den. Each bedroom has access to an ensuite or Jack-and-Jill bathroom. A striking entry and graceful staircase introduce the home, while abundant windows bring natural light into the spacious great room, creating a warm setting for everyday living and entertaining. The kitchen features a convenient pantry and mudroom off the garage with main floor laundry. The corner location offers added breathing room, with no immediate neighbour along one side, and iron rod fencing frames the property. Outdoors, a large deck extends the living space and is ready for summer gatherings, complete with a gas BBQ. There's room to dine, entertain and let the kids run and play. Enjoy the Bayview Hill lifestyle, with nearby schools including Bayview Hill Elementary and Bayview Secondary, Bayview Hill Park, and the Bayview Hill Community Centre and Pool. Village Gate, Bayview Hill Centre and SmartCentres offer convenient shopping, dining and everyday services. With access to Highways 404 and 407, this is a wonderful opportunity to enjoy impressive space, classic curb appeal and a sought-after Richmond Hill address.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,838,400
Land Transfer Taxes$43,925
Legal Fees (Est.)
$
Total cash required for closing$505,025

Total Monthly Obligation

$10,717/mo
Mortgage $9,269
Monthly Loss $8,278
Principal$2,439
Interest$6,830
Property Tax$1,072
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.0%11
10-Year IRR
6.7%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$69,276/yr
NOI
$44,980/yr
Net Cash Flow
-$5,521/mo
Cash Margin
-95.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.4/ 100

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

Comparables

Properties near 6 Elyssa Drive

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.