5 Mirando Street, Richmond Hill

$1,298,000
5 Mirando Street

$1,298,000

New
8d
Detached2-Storey

5 Mirando Street, Richmond Hill

Total Monthly Obligation $6,228

Beds
3
Baths
4
Park
2
Sqft
2000-2500
DOM
8d
Score
16
Yield
3.8%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-N14083074
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-41.01 × 126.31 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,403 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-ASAP
Neighbourhood-Westbrook
Title-Residential Freehold

No agent assigned

Natural light from three sides and an expansive landscaped backyard distinguish this detached corner home on a quiet street in Westbrook, Good School Zone: Richmond Hill High School and St. Theresa of Lisieux Catholic High School. Set on a 41 x 126 ft. lot, it offers approximately 3,300 sq. ft. of total living space, including the finished basement, as reported by MPAC, plus a two-car garage. A bright tiled foyer and an open-riser staircase with glass railings introduce the interior. Connected living and dining rooms feature hardwood flooring, large windows and contemporary lighting for easy entertaining. A double-sided gas fireplace brings warmth to the living room and kitchen. The Italian-style kitchen features two-tone cabinetry, quartz counters, a green glass backsplash, under-cabinet lighting and a built-in wine rack. A breakfast bar with pendant lights provides a casual dining spot. Sliding doors open to an expansive interlocking patio with space for dining and lounging, complemented by a lawn, garden beds and DeGroot's Spire cedars along the fence. Upstairs, the spacious family room features a high ceiling, tall windows, a statement chandelier and a paneled accent wall. Three bedrooms and two four-piece bathrooms complete the upper floor, with a main-floor powder room and a three-piece bathroom in the finished basement. The open basement recreation area provides additional space for hobbies and relaxing. Enjoy local outdoor recreation at Rouge Crest Park on Rothbury Road, with a playground, splash pad, basketball court, soccer field and trails. Fresh paint and updates including the roof (2020), furnace (2023) and garage doors (2025) complete this well-maintained home.

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

Closing Costs

Mortgage Amount
$1,038,400
Land Transfer Taxes$22,435
Legal Fees (Est.)
$
Total cash required for closing$283,535

Total Monthly Obligation

$6,228/mo
Mortgage $5,236
Monthly Loss $4,850
Principal$1,378
Interest$3,858
Property Tax$617
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.7/ 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
$49,656/yr
NOI
$32,787/yr
Net Cash Flow
-$2,503/mo
Cash Margin
-60.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.8/ 100

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

Comparables

Properties near 5 Mirando Street

Time

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