129 Lakeland Crescent, Richmond Hill

$1,799,000
129 Lakeland Crescent

$1,799,000

New
4d
Detached2-Storey

129 Lakeland Crescent, Richmond Hill

Total Monthly Obligation $8,333

Beds
7
Baths
6
Park
4
Sqft
3500-5000
DOM
4d
Score
16
Yield
3.7%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-N14095068
Beds-7
Bathrooms-6
Size-3500-5000 sqft
Lot Size-50.04 × 104.09 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$8,412.6 (2025)
Parking-6 - Attached
Basement-Apartment, Separate Entrance, Finished
Heating-Forced Air (Electric)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-South
Exterior-Stone
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Negotiable
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Your Clients will fall in-LOVE with this immaculate *5+2 large bedrooms & 6 Washrooms* Lake Wilcox custom built Executive 2 story Detached Home. Welcome to Beautiful Lake Wilcox Community, This gorgeous house is 5 minutes walking distance to Lake Wilcox. Coffered Ceiling throughout the house, New custom Entry Door with touch key pad code 2023 (NO KEYS NEEDED) New upper Laundry with *PERMIT* separate entrance SE 2025, New Flooring extra wide Waterproof Laminate Sep 2025, New Kitchen with waterfall large center Island Oct 2025, new built In S/S Appliances Sep 2025, New basement Laundry room with new Washing machine & new Dryer Sep 2025, New Basement 8x11 Marble Slab wall Entertainment Sep 2025. New Furnace Aug 2025, New AC Aug 2025, New large Water Tank Aug 2025, New triple heavy duty sump pump with Marine backup alarm Sep 2025, New 4" pipe basement to Curb Sep 2025, ****THIS IS THE ONLY HOUSE ON LAKELAND CRES WITH CITY OF RICHMOND HILL VARIANCE ALLOWED AND CONNECTED TO CITY BASIN SYSTEM OCT 2025*** Absolutely amazing house with too many items to list, your family will make unforgettable memories in this 5+2 bedrooms. come visit and enjoy. 10" Ceiling on Main & Second Floor, 9" ceiling in Basement, feels like main floor & very bright with many windows.

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

Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,333/mo
Mortgage $7,257
Monthly Loss $6,423
Principal$1,910
Interest$5,347
Property Tax$701
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$67,356/yr
NOI
$47,708/yr
Net Cash Flow
-$3,281/mo
Cash Margin
-58.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
14.2/ 100

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

Comparables

Properties near 129 Lakeland Crescent

Time

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