8501 Bayview Avenue 1011, Richmond Hill

$570,000
8501 Bayview Avenue 1011

$570,000

New
8d
Condo ApartmentApartment

8501 Bayview Avenue 1011, Richmond Hill

Total Monthly Obligation $4,138

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1200-1399
DOM
8d
Score
17
Yield
7.2%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-N14084492
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,591.9 (2026)
Maintenance-$1,422.39/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stucco (Plaster)
Possession-TBA
Neighbourhood-Doncrest
Title-Residential Condo & Other

No agent assigned

Welcome To This Beautifully Renovated, Freshly Painted And Exceptionally Bright Approx. 1,215 Sq.Ft. Suite Featuring A Highly Desirable Split-Bedroom Layout For Maximum Comfort And Privacy. The Spacious Solarium Offers Excellent Flexibility And Can Easily Serve As A Third Bedroom, Home Office or Family Room. Enjoy An Oversized Private Balcony With Two Separate Walkouts-One From The Second Bedroom And Another From The Solarium. The Generous Primary Bedroom Features A Walk-In Closet And Private Ensuite. A Quiet, Well-Designed Suite Complete With Modern Finishes, Quality Appliances, Spacious Living And Dining Areas, Two Full Bathrooms And Exceptional flexibility with an additional enclosed room - ideal as a home office, family room or potential third bedroom.. A Rare And Functional Layout Offering Outstanding Space, Versatility And Comfortable Condo Living!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$456,000
Land Transfer Taxes$7,875
Legal Fees (Est.)
$
Total cash required for closing$123,375

Total Monthly Obligation

$4,138/mo
Mortgage $2,299
Monthly Loss $3,533
Principal$605
Interest$1,694
Property Tax$216
Condo Fees$1,422
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
8.0%23
10-Year IRR
9.3%
Returns Index
12.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$41,148/yr
NOI
$14,973/yr
Net Cash Flow
-$1,052/mo
Cash Margin
-30.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.2/ 100

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

Comparables

Properties near 8501 Bayview Avenue 1011

Time

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