24 Sundew Lane, Richmond Hill

$1,088,000
24 Sundew Lane

$1,088,000

New
6d
Detached2-Storey

24 Sundew Lane, Richmond Hill

Total Monthly Obligation $5,316

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
6d
Score
17
Yield
4.1%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-N14091144
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-34.64 × 111.97 ft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,622 (2025)
Parking-2 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-flex
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 4-bedroom home, designed for both comfort and convenience. Upstairs, you'll find two spacious en-suite bedrooms, perfect for added privacy and functionality.Nestled in a desirable neighborhood, this home offers easy access to nearby shopping centers, a scenic lake, and a vibrant community centermaking it an ideal choice for families and professionals alike. With its blend of modern amenities and a welcoming atmosphere, this property is truly a place to call home

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

Closing Costs

Mortgage Amount
$870,400
Land Transfer Taxes$18,235
Legal Fees (Est.)
$
Total cash required for closing$237,335

Total Monthly Obligation

$5,316/mo
Mortgage $4,389
Monthly Loss $4,161
Principal$1,155
Interest$3,234
Property Tax$552
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.1/ 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
$44,868/yr
NOI
$29,259/yr
Net Cash Flow
-$1,950/mo
Cash Margin
-52.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.4/ 100

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

Comparables

Properties near 24 Sundew Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.