225 Essex Avenue, Richmond Hill

$999,000
225 Essex Avenue

$999,000

New
7d
DetachedBungalow

225 Essex Avenue, Richmond Hill

Total Monthly Obligation $4,840

HausQ Valuation Report
Beds
5
Baths
2
Park
4
Sqft
700-1100
DOM
7d
Score
17
Yield
4.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-N14088882
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 150 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,225 (2025)
Parking-5 - Detached
Basement-Separate Entrance, Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Concrete, Stucco (Plaster)
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Harding
Title-Residential Freehold

No agent assigned

Welcome to 225 Essex Ave, Richmond Hill. Extensively renovated inside and out, this detached bungalow combines refined modern finishes with exceptional functionality.The main level showcases a bright, open-concept living space with quality craftsmanship throughout, featuring three well-proportioned bedrooms and a sleek, fully updated 4-piece washroom. The finished lower level offers versatile additional living space complete with a second full washroom, private entrance, and flexible layout-ideal for extended family, in-law accommodations, or income potential.Situated on a generous 50 x 150 ft private lot with a detached garage and ample driveway parking. Upgraded with modern high-efficiency mechanical systems for year-round comfort and energy savings. Conveniently located in the desirable Harding neighbourhood, just minutes to top-rated schools, parks, shopping, Richmond Hill GO Station, and major transit routes.

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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,840/mo
Mortgage $4,030
Monthly Loss $3,780
Principal$1,060
Interest$2,969
Property Tax$435
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%23
10-Year IRR
9.1%
Returns Index
13.0/ 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
$41,748/yr
NOI
$27,848/yr
Net Cash Flow
-$1,709/mo
Cash Margin
-49.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.5/ 100

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

Comparables

Properties near 225 Essex Avenue

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.