160 Elgin Mills Road W, Richmond Hill

$899,000
160 Elgin Mills Road W

$899,000

New
7d
Att/Row/Townhouse3-Storey

160 Elgin Mills Road W, Richmond Hill

Total Monthly Obligation $4,448

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Score
18
Yield
4.7%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Att/Row/Townhouse
MLS® Number-N14088024
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-26.35 × 60.1 ft
Listed on site-Oct 16, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,365 (2025)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON WENDY ZHENG REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30/60/TBA
Neighbourhood-Westbrook
Title-Residential Freehold

No agent assigned

Open House: Oct 17 & Oct 18 2pm-4pm. Welcome To This Bright And Beautifully Maintained 3+1 Bedroom, 3-Bathroom End-Unit Townhouse In A Desirable Community! Proudly Owned And Meticulously Cared For By The Original Owner, This Spacious Home Features A Double-Car Garage, 9-Ft Ceilings On The Main, Second And Third Floors, Smooth Ceilings, Hardwood Flooring Throughout, Pot Lights And Fresh Paint. The End-Unit Design Offers Extra Windows And Abundant Natural Light, Complemented By A Third-Floor Skylight. The Well-Appointed Kitchen Features Granite Countertops, A Stylish Backsplash And Stainless Steel KitchenAid Appliances, Along With A Generous Breakfast Area Ideal For Family Dining. The Finished Basement Offers A Spacious Recreation Area With Potential For An Extra Bedroom Or Home Office. Additional Features Include A 200-Amp Electrical Panel And Fresh Air Ventilation System. Conveniently Located Near Yonge Street, Public Transit, Parks, Restaurants, Shopping Plazas And Top-Rated Schools, Including St. Theresa Of Lisieux Catholic High School (9.9/10) And Richmond Hill High School (9.7/10). An Excellent Opportunity To Enjoy Comfortable Family Living In A Prime Location!

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,448/mo
Mortgage $3,626
Monthly Loss $3,494
Principal$954
Interest$2,672
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,060/yr
NOI
$27,989/yr
Net Cash Flow
-$1,294/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.1/ 100

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

Comparables

Properties near 160 Elgin Mills Road W

Time

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