11 Plaisance Road Unit 5, Richmond Hill

$849,900
11 Plaisance Road Unit 5

$849,900

New
16d
Condo Townhouse3-Storey

11 Plaisance Road Unit 5, Richmond Hill

Total Monthly Obligation $4,381

Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
16d
Score
17
Yield
4.5%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Townhouse
MLS® Number-N13872516
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-New
Taxes-$851.32 (2026)
Maintenance-$682/mo
Locker-None
Parking-3 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/60/90
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Brand new & never lived in 3 Bedroom Townhouse!!! Prime location in Richmond Hill near Yonge / Carville / 16th Ave. 3 bedrooms on upper level (but Family room on the ground level can be used as 4th bedroom). 2 washrooms. Brand New Modern white Kitchen with quartz countertop & quartz backsplash .Brand New engineered hardwood floors. Brand New Finished basement on ground level that walks out to backyard. Parking for 3 cars total (1 garage + 2 on driveway). Enclosed backyard with brand new fence & new grass....Amazing location & Walking distance to Hillcrest Mall, Restaurants, Mcdonalds, No Frills, Richvale Athletic Park, Richvale Community Centre, Roselawn Public School. And Close to Rutherford Marketplace, Freshco, T & T Chinese Supermarket, Longos, LA Fitness. (maintain fees include: cable tv, water )

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,381/mo
Mortgage $3,428
Monthly Loss $3,479
Principal$902
Interest$2,526
Property Tax$71
Condo Fees$682
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.2/ 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
$38,052/yr
NOI
$22,811/yr
Net Cash Flow
-$1,527/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.5/ 100

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

Comparables

Properties near 11 Plaisance Road Unit 5

Time

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Data last updated within the past 24 hours.