12 Tay Lane, Richmond Hill

$1,084,000
12 Tay Lane

$1,084,000

New
21d
Att/Row/Townhouse3-Storey

12 Tay Lane, Richmond Hill

Total Monthly Obligation $4,929

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
21d
Score
17
Yield
3.7%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Att/Row/Townhouse
MLS® Number-N13854124
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-19.69 × 64.5 ft
Listed on site-Oct 2, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-New
Taxes-$2,174.36 (2025)
Parking-2 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RESIDENTIAL DEVELOPMENT SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Concrete Block
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Rural Richmond Hill
Title-Residential Freehold

No agent assigned

Welcome to 12 Tay Lane! One of the newest modern townhomes to have a highly sought after Richmond Hill address. This townhome is located in the 3rd phase of Ivylea. It features a double-car garage with 10' ceilings on the main floor and over $70,000 in upgrades including flooring, stairs, pot lights and kitchen upgrades. The home comes with a PDI as well as a full Tarion warranty. Ideally located just minutes away from Hwy 404, Gormley Go Station, Costco, Home Depot, banks supermarkets and restaurants. Zoned for the top-ranking Richmond Green Secondary School. Don't miss this rare opportunity for a brand new never lived in home in a prime location. *Kitchen photography has been virtually staged. Property taxes are subject for reassessment.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$867,200
Land Transfer Taxes$18,155
Legal Fees (Est.)
$
Total cash required for closing$236,455

Total Monthly Obligation

$4,929/mo
Mortgage $4,373
Monthly Loss $3,778
Principal$1,151
Interest$3,222
Property Tax$181
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,212/yr
NOI
$29,516/yr
Net Cash Flow
-$1,913/mo
Cash Margin
-57.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
18.2/ 100

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

Comparables

Properties near 12 Tay Lane

Time

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Data last updated within the past 24 hours.