8 Steckley House Lane 209, Richmond Hill

$630,000
8 Steckley House Lane 209

$630,000

Price Change
14d
Common Element CondoApartment

8 Steckley House Lane 209, Richmond Hill

Total Monthly Obligation $3,339

Beds
2
Baths
3
Park
1
Sqft
900-999
DOM
14d
Score
23
Yield
6.1%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Common Element Condo
MLS® Number-N14034700
Beds-2
Bathrooms-3
Size-900-999 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Common Element Condo
Taxes-$3,368 (2025)
Maintenance-$316.85/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-EVOLVED REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 209 at 8 Steckley House Lane in Richmond Hill's Elgin East community! This contemporary 2-bedroom, 3-bathroom condo townhome offers approximately 900-999 sq. ft. of thoughtfully designed living space. The bright, open-concept main level features large windows, stylish flooring, and a sleek kitchen with modern cabinetry, a centre island, and breakfast bar seating. Step onto the balcony to enjoy your morning coffee or unwind outdoors. Two inviting bedrooms, beautifully finished bathrooms, and convenient in-suite laundry provide everyday comfort. Includes one parking space and an owned locker. A wonderful opportunity to enjoy modern townhome living! Please remove your shoes upon entering. Thank you!

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

Closing Costs

Mortgage Amount
$504,000
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,339/mo
Mortgage $2,541
Monthly Loss $2,670
Principal$669
Interest$1,873
Property Tax$281
Condo Fees$317
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%54
10-Year IRR
12.7%
Returns Index
28.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$38,628/yr
NOI
$25,195/yr
Net Cash Flow
-$442/mo
Cash Margin
-13.7%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
27.0/ 100

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

Comparables

Properties near 8 Steckley House Lane 209

Time

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Data last updated within the past 24 hours.