8 David Eyer Road 1227, Richmond Hill

$668,888
8 David Eyer Road 1227

$668,888

New
15d
Condo TownhouseStacked Townhouse

8 David Eyer Road 1227, Richmond Hill

Total Monthly Obligation $3,565

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
15d
Score
18
Yield
4.9%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Condo Townhouse
MLS® Number-N13876644
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$4,264.18 (2026)
Maintenance-$311.23/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-UNION CAPITAL REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Concrete Block
Foundation-Concrete
Possession-Flexible
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

Modern Townhome Living In The Heart Of Richmond Hill! Welcome To This Bright And Beautifully Upgraded 2-Bedroom, 3-Bathroom Townhome At Elgin East. Offering Approximately 1,268 Sq. Ft. Of Interior Living Space Plus A 364 Sq. Ft. Private Rooftop Terrace! This Home Offers A Great Balance Of Comfortable Living And Outdoor Space. The Main Floor Features 10-Ft Smooth Ceilings And Stylish Herringbone Flooring, Creating A Warm And Contemporary Feel From The Moment You Walk In. The Open-Concept Layout Provides A Seamless Flow Between The Living, Dining, And Kitchen Areas, While Large Windows Bring In Plenty Of Natural Light. The Kitchen Features A Quartz-Countertop Island, Providing Additional Workspace And A Great Spot For Casual Dining Or Entertaining. Upstairs, 9-Ft Ceilings Continue Throughout The Bedrooms And Living Areas, Adding To The Open Feel Of The Home. The Private Rooftop Terrace Is Perfect For Hosting Friends, Enjoying A Quiet Evening, Or Taking In The Fresh Air, With A Gas Line For Your BBQ Making Outdoor Entertaining Easy. Your Underground Parking Space Is Conveniently Located Close To The Unit while Adding Extra Convenience To Everyday Living. Located Just Minutes From Richmond Green Park, Highway 404, GO Transit, Schools, The Library, Community Centre, Costco, Walmart, Shopping, Restaurants, And much More. Book your showing today!

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

Closing Costs

Mortgage Amount
$535,110
Land Transfer Taxes$9,853
Legal Fees (Est.)
$
Total cash required for closing$145,131

Total Monthly Obligation

$3,565/mo
Mortgage $2,698
Monthly Loss $2,855
Principal$710
Interest$1,988
Property Tax$355
Condo Fees$311
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,952/yr
NOI
$19,258/yr
Net Cash Flow
-$1,093/mo
Cash Margin
-39.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.0/ 100

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

Comparables

Properties near 8 David Eyer Road 1227

Time

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Data last updated within the past 24 hours.