36 Springhead Gardens, Richmond Hill

$999,999
36 Springhead Gardens

$999,999

New
4d
Link2-Storey

36 Springhead Gardens, Richmond Hill

Total Monthly Obligation $4,865

Beds
5
Baths
3
Park
2
Sqft
1500-2000
DOM
4d
Score
17
Yield
4.4%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Link
MLS® Number-N14094796
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-35 × 120 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Link
Taxes-$5,480.35 (2026)
Parking-3 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60+
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

Bright, Beautiful Family Home in Sought-After North Richvale! Backs Onto Park! No Rear Neighbours! Situated on a premium 35 x 120 ft. lot in prime Richmond Hill (Yonge & Carrville), this bright, 4-bedroom, 2-storey detached home offers the ultimate blend of style, space, and outdoor serenity. This home boasts a fully upgraded, modern kitchen flowing into a sun-filled breakfast nook with a cozy fireplace and serene park views, ideal for morning coffees and evening wind-downs. Space for the Whole Family: 4 generously sized bedrooms with a rough-in for 2nd-floor laundry. Finished basement featuring a separate entrance, kitchenette, and 3-piece bath, perfect for extended family, guests, or a private home office setup. Unbeatable Location: This home offers exceptional convenience in an established, family-friendly neighbourhood. Walk to Hillcrest Mall, Richvale Community Centre, parks, walking trails, top amenities, Mackenzie Health Hospital, grocery stores, Yonge Street shops and restaurants, and the local library. Top rated HS school. Commuter's Dream: Minutes to YRT/Viva, GO Transit, Highways 404 & 407, and the future Yonge North Subway Extension! ** This is a linked property**

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,865/mo
Mortgage $4,034
Monthly Loss $3,804
Principal$1,061
Interest$2,972
Property Tax$457
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.6/ 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
$43,800/yr
NOI
$29,440/yr
Net Cash Flow
-$1,580/mo
Cash Margin
-43.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

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

Comparables

Properties near 36 Springhead Gardens

Time

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