20 Baif Boulevard 804, Richmond Hill

$799,900
20 Baif Boulevard 804

$799,900

New
9d
Condo ApartmentApartment

20 Baif Boulevard 804, Richmond Hill

Total Monthly Obligation $4,913

Beds
3
Baths
2
Park
2
Sqft
1400-1599
DOM
9d
Score
16
Yield
5.6%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-N14032244
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,344.45 (2026)
Maintenance-$1,208.02/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-90 days/TBA
Neighbourhood-North Richvale
Title-Residential Condo & Other

No agent assigned

Space, style and a complete renovation! A rare 1,567 sq. ft., three-bedroom suite in an established, well-managed condominium community, complete with two parking spaces and a locker. Beautifully renovated throughout, with quality wide-plank laminate flooring and a stunning kitchen featuring classic white floor-to-ceiling cabinetry, stone counters, mosaic backsplash, undermount sink, under-cabinet lighting, pendant lights, pot-style LED fixtures and stainless steel appliances. Ample cupboard and counter space will please even the most discerning buyer. The expansive living and dining area is flooded with afternoon sunlight through floor-to-ceiling windows, with room for an additional sitting area or home workspace. All three generously sized bedrooms easily accommodate substantial furniture. The primary bedroom offers two large his-and-hers closets and a renovated three-piece ensuite with porcelain tile floors and glass-enclosed shower. The main 4-piece bathroom features porcelain flooring, tiled tub surround and a convenient linen closet. Thoughtful finishing touches set this suite apart: smooth ceilings in principal rooms, crown moulding throughout, elegant picture frame wall moulding in the hallways and main living area, plus modern low-profile LED ceiling lighting in the kitchen and in the bulkheads of the living room, all three bedrooms and hallway. Heating, electricity and cable TV are included in the monthly maintenance fees. Completely move-in ready, with the renovations already done for you. And what a convenient location! Close to Hillcrest Mall and Yonge Street's shops and restaurants, with No Frills, T&T, cafés, banks, pharmacies, LCBO, fitness centres, doctors, dentists, salons and everyday services nearby. Mackenzie Richmond Hill Hospital, historic downtown Richmond Hill, public transit and GO Transit are also easily accessible. Whether shopping, dining, running errands or commuting, everything you need is close to home.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,913/mo
Mortgage $3,227
Monthly Loss $4,064
Principal$849
Interest$2,378
Property Tax$279
Condo Fees$1,208
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.3%20
10-Year IRR
8.7%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,772/yr
NOI
$20,054/yr
Net Cash Flow
-$1,555/mo
Cash Margin
-41.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.9/ 100

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

Comparables

Properties near 20 Baif Boulevard 804

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.