28 Scott Drive, Richmond Hill

$5,298,000
28 Scott Drive

$5,298,000

New
15d
Detached2-Storey

28 Scott Drive, Richmond Hill

Total Monthly Obligation $22,562

Beds
6
Baths
8
Park
6
Sqft
5000 +
DOM
15d
Score
15
Yield
2.9%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N13876760
Beds-6
Bathrooms-8
Size-5000 + sqft
Lot Size-50.08 × 314 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,800 (2026)
Parking-9 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-December 1st
Neighbourhood-South Richvale
Title-Residential Freehold

No agent assigned

Exquisite Custom Estate in Prestigious South RichvaleCrafted by Mahzad Homes, this 50 feet wide sun-filled masterpiece offers 8000 sqft of refined luxury. Featuring soaring 12-ft ceilings, oversized windows, and elegant archways, the open-concept layout is both grand and inviting.The show-stopping kitchen is magazine-worthy a modern white oak and Calacatta marble dream, complete with a bar, oversized island, and full suite of German Thermador appliances in both the main and prep kitchens. Designed by an artist, the main gourmet kitchen is truly one of a kind.This home includes 5 spacious bedrooms with private ensuites, two laundry rooms, a luxurious mudroom, and a full-size elevator servicing all three floors. The basement is walk-out, with radiant heated floors, a stylish bar, home theatre, two extra bedrooms, and a large multipurpose room.Outside, enjoy an oversized covered concrete porch and a resort-style pool, surrounded by lush landscaping and extended grounds with potential to sever an additional lot in the future. The 3-car garage, snow-melt driveway, dual HVAC systems, and built-in smart features ensure seamless comfort.Located among Richmond Hills finest homes and steps from elite schools, golf, and amenities, this estate is a rare blend of craftsmanship, design, and future potential.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$4,238,400
Land Transfer Taxes$118,925
Legal Fees (Est.)
$
Total cash required for closing$1,180,025

Total Monthly Obligation

$22,562/mo
Mortgage $21,371
Monthly Loss $16,939
Principal$5,624
Interest$15,747
Property Tax$817
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.4%16
10-Year IRR
7.7%
Returns Index
9.2/ 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
$154,332/yr
NOI
$124,599/yr
Net Cash Flow
-$10,987/mo
Cash Margin
-85.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
0.4 mo11
Risk Index
11.4/ 100

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

Comparables

Properties near 28 Scott Drive

Time

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