40 Baif Boulevard 406, Richmond Hill

$680,000
40 Baif Boulevard 406

$680,000

New
15d
Condo ApartmentApartment

40 Baif Boulevard 406, Richmond Hill

Total Monthly Obligation $4,504

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
15d
Score
16
Yield
6.0%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-N13876632
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,712 (2025)
Maintenance-$1,334.91/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA / Flexible
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Welcome to this 1368 sq ft 3 bedroom, 2 full bathroom sunny south exposure condo. Entertainers delight with this amazing renovated kitchen with an enormous granite center island that has loads of extra storage. Center piece for guests. Newer Stainless steel appliances, quartz counters, pot drawers, sliders, garbage/recycle stations, etc. Really well designed open concept gourmet kitchen. Beautiful laminate flooring throughout. Spacious living area with walkout to large sunny balcony that allows gas barbecues. New toilets and vanities in the two full bathrooms. In suite laundry room with storage space. Walk-in closet and 4 piece ensuite in large primary bedroom. Side by side two car parking. Storage locker. Walk to Hillcrest Mall, grocery shopping, Yonge St and transit. Access to Club 66 with its awesome outdoor pool, games room, gym and party room. Underground car wash. Option to purchase electric charger station. Maintenance Fees Include Heat, Hydro, Water, CAC, Cable TV, Basic Internet. Residents have access to Club 66 Recreation Centre.

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

Closing Costs

Mortgage Amount
$544,000
Land Transfer Taxes$10,075
Legal Fees (Est.)
$
Total cash required for closing$147,575

Total Monthly Obligation

$4,504/mo
Mortgage $2,743
Monthly Loss $3,782
Principal$722
Interest$2,021
Property Tax$226
Condo Fees$1,335
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.5%16
10-Year IRR
8.1%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,488/yr
NOI
$15,308/yr
Net Cash Flow
-$1,467/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 40 Baif Boulevard 406

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.