8 Ridgestone Drive, Richmond Hill

$1,699,000
8 Ridgestone Drive

$1,699,000

New
5d
Detached2-Storey

8 Ridgestone Drive, Richmond Hill

Total Monthly Obligation $7,990

HausQ Valuation Report
Beds
4
Baths
4
Park
5
Sqft
3000-3500
DOM
5d
Score
15
Yield
3.3%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-N14092028
Beds-4
Bathrooms-4
Size-3000-3500 sqft
Lot Size-39.37 × 117.18 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$9,144.05 (2026)
Parking-7 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-AIMHOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Brick, Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Westbrook
Title-Residential Freehold

No agent assigned

You Will Love This Property With Rare 20' High Ceiling Grand Foyer With Chandelier & Full Height Widows! Located In Highly Demanded Top Schools Area. Granite Floor From Entrance To Kitchen. Hardwood Floor & Pot Lights In Main & 2nd Floor. Upgrade Arch Design, Molding & Coffered Ceiling In Living, Dining & Family. Granite Floor & Granite Counter Top Central Island In Kitchen. Interlock Driveway W/No Side Walk, Can Park 5 Cars In Drive Way. Wood Fenced Back Yard. Close To Yonge St. Top Schools: Trillium Woof P.S, Richmond Hill S.S And Langstaff S.S.

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

Closing Costs

Mortgage Amount
$1,359,200
Land Transfer Taxes$30,455
Legal Fees (Est.)
$
Total cash required for closing$371,755

Total Monthly Obligation

$7,990/mo
Mortgage $6,853
Monthly Loss $6,187
Principal$1,803
Interest$5,050
Property Tax$762
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$56,172/yr
NOI
$36,911/yr
Net Cash Flow
-$3,777/mo
Cash Margin
-80.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.8/ 100

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

Comparables

Properties near 8 Ridgestone 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.