49 Cygnus Drive, Richmond Hill

$1,868,000
49 Cygnus Drive

$1,868,000

New
22d
Detached2-Storey

49 Cygnus Drive, Richmond Hill

Total Monthly Obligation $8,602

HausQ Valuation Report
Beds
5
Baths
5
Park
2
Sqft
2500-3000
DOM
22d
Score
14
Yield
2.8%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-N13852798
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-42.98 × 104.36 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,306.11 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-1-29 days
Neighbourhood-Observatory
Title-Residential Freehold

No agent assigned

***Fully Renovated 4-Bedroom Family Home in Prestigious Observatory Community | Bayview Secondary School Catchment!*** Completely Renovated In Year 2022, This Stunning South-Facing 4-Bedroom Home Features A Double-Car Garage And Offers A Bright, Open-Concept Layout With A Spacious And Well-Designed Floor Plan, Filled With Abundant Natural Light Throughout. Extensive Upgrades Include A Brand-New Front Door, All New Windows, Elegant Staircase, Custom Cabinetry, Premium Flooring, And A Fully Redesigned Chef-Inspired Kitchen With Quartz Countertops And Stainless Steel Appliances.The Upper Level Offers Four Spacious Bedrooms And Three Fully Renovated Bathrooms, Including Two Ensuites And A Semi-Ensuite. The Professionally Finished Basement Provides Additional Versatile Living Space.Located In The Highly Sought-After Observatory Community In The Bayview Secondary School Catchment, Close To Parks, Schools, Shopping, Transit, And Major Highways. A Bright, Turnkey Home-Simply Move In And Enjoy!

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

Closing Costs

Mortgage Amount
$1,494,400
Land Transfer Taxes$33,835
Legal Fees (Est.)
$
Total cash required for closing$408,935

Total Monthly Obligation

$8,602/mo
Mortgage $7,535
Monthly Loss $6,619
Principal$1,983
Interest$5,552
Property Tax$692
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.6%10
10-Year IRR
6.4%
Returns Index
6.2/ 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
$52,356/yr
NOI
$34,314/yr
Net Cash Flow
-$4,675/mo
Cash Margin
-107.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.2/ 100

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

Comparables

Properties near 49 Cygnus Drive

Time

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Data last updated within the past 24 hours.