32 Aranka Court, Richmond Hill

$999,999
32 Aranka Court

$999,999

New
17d
Detached2-Storey

32 Aranka Court, Richmond Hill

Total Monthly Obligation $4,917

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
17d
Score
17
Yield
4.2%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-N13868250
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-25.36 × 1 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,100 (2026)
Parking-5.5 - Built-In
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

Welcome to 32 Aranka Court, a beautifully updated detached home nestled at the end of a quiet, child-safe cul-de-sac in Richmond Hill's highly sought-after North Richvale neighbourhood. This exceptional property sits on an expansive, premium pie-shaped lot, striking the perfect balance between serene suburban living and vibrant city convenience. The sun-filled main level features a bright open-concept layout with premium flooring, smooth ceilings, and a renovated eat-in kitchen with stainless steel appliances that walks out to a massive backyard oasis complete with a multi-level deck. Upstairs hosts three generously sized bedrooms and modern, renovated washrooms, while the main floor offers direct garage access and main-level laundry for ultimate everyday convenience. The defining feature of this turnkey property is its professionally finished, self-contained lower level boasting a separate side entrance, own laundry, perfect for an extended family suite . This bright lower unit functions completely independently with its own second kitchen, spacious open-concept living area, bedroom, full three-piece bathroom. Located just minutes from top-rated schools, Hillcrest Mall, Rumble Pond Park, and major commuter arteries like Yonge Street, Highway 407, and the Go Station, this versatile home offers a rare blend of premium multi-generational comfort and smart financial potential. ******Pictures has been enhance with AI******* Seller and agent does not guarantee the retrofit status of the basement.

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

Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,917/mo
Mortgage $4,034
Monthly Loss $3,856
Principal$1,061
Interest$2,972
Property Tax$508
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
8.9%
Returns Index
12.6/ 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
$42,168/yr
NOI
$27,351/yr
Net Cash Flow
-$1,754/mo
Cash Margin
-49.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
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 32 Aranka Court

Time

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