15 Old Colony Road 2, Richmond Hill

$699,000
15 Old Colony Road 2

$699,000

New
15d
Att/Row/Townhouse3-Storey

15 Old Colony Road 2, Richmond Hill

Total Monthly Obligation $3,577

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
15d
Score
21
Yield
5.6%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.7%
Property Type-Att/Row/Townhouse
MLS® Number-N13882338
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-36.19 × 54.98 ft
Listed on site-Oct 8, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,586 (2025)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Rare Find End Unit Townhouse Onto Ravine View! Large Windows On 3 Sides Bring In Plenty Of Sunshine! 9 FT Ceiling On Main With Bright Ravine View! One Of A Kind In The Neighbourhood! Wood Flooring Throughout! Ideal Layout With Living/Family/An Extra Bedroom On Ground Level, Open Concept Family Room, Kitchen With Breakfast Area Looking Over Backyard Garden And An Expansive Dining Room On Main Level, 3 Generously Sized Bedrooms With 4 Pcs Ensuite Primary Suite. Biggest Lot In The Neighbourhood! Open Green Space Yard On The Side Of The Unit! Close To All Amenities, Community Center, Arena, Transit, Schools, Grocery Shops, Lake Wilcox And Bond Lake.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,577/mo
Mortgage $2,820
Monthly Loss $2,835
Principal$742
Interest$2,078
Property Tax$382
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
11.7%48
10-Year IRR
12.0%
Returns Index
25.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,456/yr
NOI
$26,424/yr
Net Cash Flow
-$618/mo
Cash Margin
-18.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
25.0/ 100

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

Comparables

Properties near 15 Old Colony Road 2

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.