18 Harding Boulevard 117, Richmond Hill

$439,900
18 Harding Boulevard 117

$439,900

New
7d
Condo Apartment1 Storey/Apt

18 Harding Boulevard 117, Richmond Hill

Total Monthly Obligation $2,808

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
7d
Score
20
Yield
6.5%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-N14088628
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,528 (2025)
Maintenance-$623/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Metal/Steel Siding
Possession-Flexible - earlier preferred
Neighbourhood-Harding
Title-Residential Condo & Other

No agent assigned

Not every condo has an immediate sense of ease - this one does. Suite 117 at The Richmonde offers a bright, open-concept layout with 9-foot ceilings, warm flooring, a spacious living and dining area, and an inviting walkout to a private terrace that extends your living space outdoors. What makes this suite especially versatile is the extra room it gives you to live your life: a defined nook by the terrace makes an ideal work-from-home setup, while a separate front flex space is currently used for guests with a pull-out bed. Whether you need a home office, a reading corner, occasional guest space, or simply more breathing room, the layout adapts. The kitchen opens naturally into the main space, making it easy to host or settle into a comfortable daily routine. The bedroom is generously sized and finished with a walk-in closet, while the suite also includes in-suite laundry and a clean, well-kept four-piece bath. Set in the heart of Richmond Hill, you're moments from Yonge Street, transit, shops, restaurants, and everyday essentials. A polished, practical home with room to breathe - ideal for first-time buyers, downsizers, or anyone looking for condo living without feeling boxed in.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,808/mo
Mortgage $1,774
Monthly Loss $2,341
Principal$467
Interest$1,307
Property Tax$211
Condo Fees$623
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.3%31
10-Year IRR
10.2%
Returns Index
16.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$28,620/yr
NOI
$13,354/yr
Net Cash Flow
-$662/mo
Cash Margin
-27.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.0/ 100

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

Comparables

Properties near 18 Harding Boulevard 117

Time

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