27 Addison Street, Richmond Hill

$1,799,000
27 Addison Street

$1,799,000

New
15d
Detached2-Storey

27 Addison Street, Richmond Hill

Total Monthly Obligation $8,394

Beds
7
Baths
5
Park
4
Sqft
3000-3500
DOM
15d
Score
15
Yield
3.4%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-N13876006
Beds-7
Bathrooms-5
Size-3000-3500 sqft
Lot Size-50.02 × 120 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,146.29 (2026)
Parking-6 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

ABSOLUTELY TOP SCHOOLS: St. Theresa of Lisieux Catholic High School 9.9/10 ratings!!!! and Alexander Mackenzie High School 9.3/10 rating school!! St. Anne Catholic Elementary School 8.9/10 ratings!!! Perfect for your family and kids!!! Welcome to the famous quiet Addison St, Huge Lot 50.02x120. Total living space area approximately 5000 sq ft. Also Well Maintained Stunning & Bright Spacious Rooms**Delightful, this Detached House offers 5+2 bedrooms, 5 washrooms with a finished Walk-out Basement, sauna in basement and full washroom included. There is beautiful moonlight going up to 2nd floor! Walking Distance 100 m to Yonge St. The family room and basement each have a gas fireplace. This beautiful detached house surrounded by multimillion-dollar homes in a quiet residential street. Oversized modern kitchen, with premium quartz countertops and morden stainless steel appliances. The upper floor offers total 5 bedrooms / 3 full bathrooms, Includes a spacious master suite with a renovated luxurious 5-piece ensuite bathroom, Large windows. Professionally finished walk-out basement serves as a versatile living space complete with 2 rooms, and a full bathroom. This rarely offered residence is located on a quiet crescent in the heart of Richmond Hill.Beautifully landscaped front yard, this home offers strong curb appeal and timeless elegance. The main floor features an open-concept living and dining area with hardwood floors throughout, pot lights, detailed mouldings, wainscotting, and large windows overlooking both the front and back yards. The family room with fireplace and walk-out to the backyard connects seamlessly to an upgraded kitchen complete with custom cabinetry, Close to parks, shopping, transit, and Hwy 404/407. A spacious area beside the basement recreation room offers excellent potential for a 2nd kitchen. Large windows provide ample natural light, with convenient water access from the adjacent utility room-creating the potential for a full basement apartment.

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(utilities, internet...)
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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

$8,394/mo
Mortgage $7,257
Monthly Loss $6,484
Principal$1,910
Interest$5,347
Property Tax$762
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 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
$60,636/yr
NOI
$40,926/yr
Net Cash Flow
-$3,846/mo
Cash Margin
-76.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.7/ 100

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

Comparables

Properties near 27 Addison Street

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