16 Wainwright Avenue, Richmond Hill

$1,799,000
16 Wainwright Avenue

$1,799,000

New
17d
Detached2-Storey

16 Wainwright Avenue, Richmond Hill

Total Monthly Obligation $8,341

Beds
5
Baths
4
Park
4
Sqft
2500-3000
DOM
17d
Score
15
Yield
3.4%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-N13869362
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-48.56 × 120 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,513.16 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood, Family Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

Nestled On A Premium 48.56 x 120 Ft Lot In Prestigious North Richvale, Surrounded By Multi-Million-Dollar Custom Homes, This Beautifully Maintained Detached Family Home Offers Over 4,100 Sq.Ft. Of Total Living Space, Including 2,542 Sq.Ft. Above Grade Per MPAC Plus Finished Basement. South-Facing Exposure Fills The Home With Natural Light, While Its Quiet Dead-End Street Location With No Sidewalk Offers Privacy, Safety And Extra Driveway Convenience. Featuring A 2-Car Garage, Private Driveway With 6-Car Parking, And A Sun-Filled Fenced Backyard With Large Deck And Mature Greenery, This Is The Home Growing Families Have Been Waiting For. Step Inside To A Grand Curved Staircase, Rich Hardwood Floors, Pot Lights, And Bright, Inviting Principal Rooms Designed For Both Comfortable Family Living And Effortless Entertaining. The Elegant Living Room Features A Bay Window And French Doors, While The Formal Dining Room Overlooks The Backyard. The Updated Kitchen Features Changed Cabinet Doors, Stone Countertop, Stainless Steel Appliances, Backsplash, Breakfast Area And Large Windows, Flowing Into The Spacious Family Room With A Cozy Wood Fireplace And Walk-Out To The Deck, Creating The Perfect Backdrop For Summer Barbecues, Children's Play And Memorable Gatherings. The Second Floor Offers 4 Generous Bedrooms, Including A Spacious Primary Retreat With A 5-Pc Ensuite And Walk-In Closet. Three Additional Bedrooms, Each With Hardwood Floors, Windows And Closets, Share A Well-Appointed 4-Pc Bath. Finished Basement Apartment, Completed In 2020 With Approx. $100K Spent, Features Separate Entrance From Garage, Kitchen, Open Concept Recreation Area, Bedroom, 3-Pc Bath, Pot Lights, Tile Flooring, High Ceilings And 200-Amp Service, Ideal For Extended Family, In-Law Suite Or Rental Potential. Roof Shingles Changed In 2021. Furnace And A/C Owned. Prime Location Close To Parks, Schools, Hospital, Community Centre, Yonge St, Transit, Shopping, Restaurants, Library And All Amenities.

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

Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,341/mo
Mortgage $7,257
Monthly Loss $6,432
Principal$1,910
Interest$5,347
Property Tax$709
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.0/ 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
$60,492/yr
NOI
$41,430/yr
Net Cash Flow
-$3,804/mo
Cash Margin
-75.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.8/ 100

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

Comparables

Properties near 16 Wainwright Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.