11 Candlelight Drive, Richmond Hill

$1,895,000
11 Candlelight Drive

$1,895,000

Price Change
21d
Detached2-Storey

11 Candlelight Drive, Richmond Hill

Total Monthly Obligation $8,784

Beds
5
Baths
6
Park
4
Sqft
3000-3500
DOM
21d
Score
15
Yield
3.2%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-N13856584
Beds-5
Bathrooms-6
Size-3000-3500 sqft
Lot Size-66.57 × 104.86 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$9,183.14 (2025)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX IMPERIAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground, Salt
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Jefferson
Title-Residential Freehold

No agent assigned

One RARE to find premium property in well known Jefferson, with 66x104 huge premium corner lot , 200-300k spend for upgrade. Pro landscape design backyard(heated salt water pool by Solda Pools. interlock, Lounge area, dinner area, rec area, golf swing/hockey shooting area. custom cabana with outdoor bar, built in BBQ, TV mount, rest room, two built in fridge and stone countertop), shed and all nice trees and plants. Rebuilt wider stone interlock driveway(3 cars parallel) and stair. Tesla charging electrical cable rough in with certificate. 10Ft Ceiling in main floor with Custom Gourmet Kitchen W Upper Cabinetry To Ceiling & Top Of The Line Appliances, hardwood floor throughout 1st & 2nd floor, Moulding, Wainscotting, pot light, Custom Built In shelf in office, 2nd floor all 4 bedrooms have ensuite bathrooms, plus an office room combined with 2nd bedroom. Finished multifunctional basement with one media/bedroom that has wire run in, extra big recreation area can turn into Hockey area for young kids. a wet bar connect with study area or game area. Storage room & extra big closet. furnace 2017, AC 2026, pool heater 2024, Roof 2019. This house has everything you need, very suitable for family with kids. Very good elementary and high school zone. Many nice parks, trail, walk in clinic, Famous Galaxy KG.

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

Closing Costs

Mortgage Amount
$1,516,000
Land Transfer Taxes$34,375
Legal Fees (Est.)
$
Total cash required for closing$414,875

Total Monthly Obligation

$8,784/mo
Mortgage $7,644
Monthly Loss $6,773
Principal$2,011
Interest$5,632
Property Tax$765
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.7%13
10-Year IRR
7.2%
Returns Index
8.0/ 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
$60,480/yr
NOI
$40,749/yr
Net Cash Flow
-$4,248/mo
Cash Margin
-84.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.4/ 100

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

Comparables

Properties near 11 Candlelight Drive

Time

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Data last updated within the past 24 hours.