175 Cedar Avenue 202, Richmond Hill

$560,000
175 Cedar Avenue 202

$560,000

Price Change
18d
Condo ApartmentApartment

175 Cedar Avenue 202, Richmond Hill

Total Monthly Obligation $3,730

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
18
Yield
6.6%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-N13864592
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,233 (2025)
Maintenance-$1,085/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Harding
Title-Residential Condo & Other

No agent assigned

Welcome to the prestigious and sought-after neighborhood of Harding in Richmond Hill! This bright, open-concept 2+1 bedroom, 2-full-bathroom condo features a versatile den/solarium, desirable sunny south exposure, plus an owned parking spot and locker. Recently updated throughout, the unit boasts fresh paint, newly installed flooring (August 2026), a modern upgraded kitchen, and fully renovated bathrooms-making it completely move-in ready. Enjoy top-tier building amenities, including a swimming pool, tennis court, sauna, fully equipped gym, guest suites, and much more!

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

Closing Costs

Mortgage Amount
$448,000
Land Transfer Taxes$7,675
Legal Fees (Est.)
$
Total cash required for closing$121,175

Total Monthly Obligation

$3,730/mo
Mortgage $2,259
Monthly Loss $3,136
Principal$594
Interest$1,664
Property Tax$186
Condo Fees$1,085
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,044/yr
NOI
$15,687/yr
Net Cash Flow
-$952/mo
Cash Margin
-30.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.1/ 100

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

Comparables

Properties near 175 Cedar Avenue 202

Time

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Data last updated within the past 24 hours.