29 Ness Drive, Richmond Hill

$1,299,888
29 Ness Drive

$1,299,888

New
14d
Att/Row/Townhouse2-Storey

29 Ness Drive, Richmond Hill

Total Monthly Obligation $6,133

HausQ Valuation Report
Beds
3
Baths
4
Park
3
Sqft
1500-2000
DOM
14d
Score
15
Yield
3.1%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Att/Row/Townhouse
MLS® Number-N13883802
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-28.64 × 82.02 ft
Listed on site-Oct 9, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$6,172.05 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle, Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30 Days/TBA
Neighbourhood-Rural Richmond Hill
Title-Residential Freehold

No agent assigned

Welcome to 29 Ness Dr, a beautifully upgraded freehold corner townhouse offering detached-like privacy with no maintenance fees. This stunning home features 3 bedrooms, 4 bathrooms, a fully finished basement, and parking for 4 vehicles. Enjoy modern upgrades throughout, including smooth ceilings, pot lights, hardwood and laminate flooring throughout (carpet-free), large windows in every room, under valence lighting in kitchen, custom kitchen backsplash with movable island, frameless glass shower, central vacuum rough-in, garage door opener, and security camera & alarm systems. The professionally landscaped front yard and private fenced backyard with gazebo create the perfect setting for outdoor relaxation and entertaining. Located on a quiet street in one of Richmond Hill's newest communities, just minutes from Richmond Green Secondary School, Richmond Green Park, Costco, Elgin Mills Crossing, Highway 404, VIVA Transit, and GO Transit. Offering exceptional quality, convenience, and family-friendly living, this move-in-ready home is a rare opportunity not to be missed.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,039,910
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,951

Total Monthly Obligation

$6,133/mo
Mortgage $5,243
Monthly Loss $4,753
Principal$1,380
Interest$3,864
Property Tax$514
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.7/ 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
$39,720/yr
NOI
$25,076/yr
Net Cash Flow
-$3,154/mo
Cash Margin
-95.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.3/ 100

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

Comparables

Properties near 29 Ness Drive

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.