531 Carrville Road, Richmond Hill

$998,000
531 Carrville Road

$998,000

New
7d
Att/Row/Townhouse3-Storey

531 Carrville Road, Richmond Hill

Total Monthly Obligation $4,856

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.3%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Att/Row/Townhouse
MLS® Number-N14084918
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-24.67 × 67.26 ft
Listed on site-Oct 16, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,465.15 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SMART SOLD REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-South Richvale
Title-Residential Freehold

No agent assigned

Stunning And Beautifully Maintained End-Unit Freehold Townhome, Situated In One Of Richmond Hill's Most Desirable Communities! Featuring A Rare Double Car Garage, This Beautiful Residence Offers A Bright And Functional Layout With 9-Foot Ceilings On Both The Main And Second Floors, Large Windows, Abundant Natural Light, And Added Privacy Throughout. The Upgraded Kitchen Features A Centre Island With Eat-In Breakfast Bar, Elegant Backsplash, Premium FOTILE Range Hood, And Reverse Osmosis Water Filtration System, With A Walk-Out To The Balcony For Added Outdoor Living Space. The Upper Level Features Three Generously Sized Bedrooms, All Bright, Spacious, And Quiet, Providing Comfortable And Peaceful Private Living Spaces. The Finished Ground Floor Offers Flexible Living Space, Perfect For A Private Home Office Or Additional Bedroom. Additional Upgrades Include Sound-Insulated Windows For Improved Comfort And Noise Reduction, As Well As Pre-Installed EV Charging Wiring In The Garage For Added Convenience. Located In A Highly Sought-After School District, Close To St. Charles Garnier Catholic Elementary School, St. Theresa Of Lisieux Catholic High School, And Alexander Mackenzie High School With Its IB Program. Just 5 Minutes' Drive To Hwy 407 And 10 Minutes To Hwy 404 And Langstaff GO Station, Close To Hillcrest Mall, Parks, Restaurants, And Public Transit.

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

Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$4,856/mo
Mortgage $4,026
Monthly Loss $3,797
Principal$1,059
Interest$2,966
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.8/ 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
$42,852/yr
NOI
$28,602/yr
Net Cash Flow
-$1,642/mo
Cash Margin
-46.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.6/ 100

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

Comparables

Properties near 531 Carrville Road

Time

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