112 Lake Avenue, Richmond Hill

$888,888
112 Lake Avenue

$888,888

New
15d
Att/Row/Townhouse2-Storey

112 Lake Avenue, Richmond Hill

Total Monthly Obligation $4,334

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
15d
Score
19
Yield
4.8%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Att/Row/Townhouse
MLS® Number-N13877164
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-22.67 ft (front)
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,481 (2025)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stucco (Plaster), Brick
Roof-Shingles, Other
Foundation-Poured Concrete
Sewer-Sewer
Possession-90-120 Days
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Welcome to 112 Lake Ave, a beautifully appointed executive freehold townhome in the highly sought-after Oak Ridges community of Richmond Hill. Surrounded by multi-million dollar homes. This spacious 4-bedroom, 4-bathroom home features a bright open-concept layout, generous living spaces, upgraded hardwood flooring, crown moulding, 9ft ceiling height on main & 2nd floors, and a spacious chef-inspired kitchen with a large custom island ideal for everyday living and entertaining. Features a low maintenance backyard with a BBQ gas line. Enjoy an exceptional location just steps from Lake Wilcox, offering easy access to nature and recreational opportunities, while Yonge St, Ozark Community Park, Oak Ridges Community Centre, public transit, Hwy 404, shops, restaurants, and everyday amenities are all conveniently nearby.The versatile ground-floor bedroom features a spa-inspired ensuite bathroom and separate rear entrance, offering excellent potential for an in-law suite, multi-generational living, or private teen retreat. A unique opportunity for buyers with potential extra income possibilities. Don't miss this exceptional opportunity in Oak Ridges!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$711,110
Land Transfer Taxes$14,253
Legal Fees (Est.)
$
Total cash required for closing$193,531

Total Monthly Obligation

$4,334/mo
Mortgage $3,586
Monthly Loss $3,390
Principal$944
Interest$2,642
Property Tax$373
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.1%36
10-Year IRR
10.6%
Returns Index
19.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,900/yr
NOI
$29,629/yr
Net Cash Flow
-$1,116/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.9/ 100

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

Comparables

Properties near 112 Lake Avenue

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.

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Data last updated within the past 24 hours.