32 Wheelwright Drive, Richmond Hill

$945,000
32 Wheelwright Drive

$945,000

New
7d
Att/Row/Townhouse2-Storey

32 Wheelwright Drive, Richmond Hill

Total Monthly Obligation $4,553

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Score
17
Yield
4.2%
Cash on Cash
-5.3%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Att/Row/Townhouse
MLS® Number-N14086642
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-22.72 × 90.75 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,393 (2025)
Parking-3 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-ASAP
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Welcome to 32 Wheelwright Drive, a bright and beautifully refreshed 3-bedroom home in Richmond Hill's sought-after Oak Ridges Lake Wilcox community. Recently updated with new engineered flooring on the main level, fresh paint, and updated bathroom vanities and fixtures, this inviting home blends modern finishes with everyday comfort. The open-concept main floor features 9-foot ceilings and an eat-in kitchen with stainless steel appliances and a walkout to the fenced backyard-perfect for summer barbecues and outdoor entertaining. Unwind beside the family room's gas fireplace while enjoying sunset views. Upstairs, hardwood flooring complements three spacious bedrooms, including a generous primary retreat with a walk-in closet and 4-piece ensuite. Convenient upper-level laundry and driveway parking for two cars add practical appeal. Enjoy a neighbourhood surrounded by parks, ravine trails and natural beauty, with Lake Wilcox and the Oak Ridges Community Centre close by. Grocery stores, shops, GO Train service and major highways are easily accessible, offering a wonderful balance of outdoor living and commuter convenience. Close to Bond Lake Public School and Richmond Green Secondary School.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$756,000
Land Transfer Taxes$15,375
Legal Fees (Est.)
$
Total cash required for closing$205,875

Total Monthly Obligation

$4,553/mo
Mortgage $3,812
Monthly Loss $3,550
Principal$1,003
Interest$2,809
Property Tax$366
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.2%
Returns Index
13.5/ 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
$39,708/yr
NOI
$26,844/yr
Net Cash Flow
-$1,575/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.3/ 100

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

Comparables

Properties near 32 Wheelwright Drive

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.