370 Red Maple (Block C) Road 79, Richmond Hill

$629,000
370 Red Maple (Block C) Road 79

$629,000

New
14d
Condo TownhouseStacked Townhouse

370 Red Maple (Block C) Road 79, Richmond Hill

Total Monthly Obligation $3,428

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
14d
Score
19
Yield
5.4%
Cash on Cash
-3.4%
Cap Rate
3.8%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-N13883458
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 9, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,854 (2026)
Maintenance-$370/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Langstaff
Title-Residential Condo & Other

No agent assigned

Discover this bright and spacious upper-level townhouse in the highly desirable Langstaff community of Richmond Hill. Offering 2 bedrooms, 2 bathrooms and a thoughtfully designed open-concept layout, this beautifully maintained home combines modern finishes with everyday comfort and convenience. The sun-filled, east-facing unit features a stylish kitchen with granite countertops and stainless steel appliances, laminate flooring throughout, and convenient ensuite laundry. An added bonus is the rare offering of two parking spaces, along with ample visitor parking. Ideally situated just steps from Yonge Street and minutes from Hillcrest Mall, shopping, restaurants, grocery stores, schools, parks, community centres and entertainment. Commuters will appreciate easy access to the VIVA Transit Hub, Langstaff GO Station and Highways 404 and 407. Offering the perfect balance of space, style and location, this exceptional townhouse presents a fantastic alternative to condo living in one of Richmond Hill's most sought-after communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$503,200
Land Transfer Taxes$9,055
Legal Fees (Est.)
$
Total cash required for closing$136,355

Total Monthly Obligation

$3,428/mo
Mortgage $2,537
Monthly Loss $2,761
Principal$668
Interest$1,870
Property Tax$321
Condo Fees$370
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.6/ 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
$34,128/yr
NOI
$20,021/yr
Net Cash Flow
-$869/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.3/ 100

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

Comparables

Properties near 370 Red Maple (Block C) Road 79

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.