330 Red Maple Road 205, Richmond Hill

$498,888
330 Red Maple Road 205

$498,888

New
2d
Condo ApartmentApartment

330 Red Maple Road 205, Richmond Hill

Total Monthly Obligation $3,566

Beds
2
Baths
2
Park
2
Sqft
900-999
DOM
2d
Score
18
Yield
7.2%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-N14101712
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,827.58 (2026)
Maintenance-$1,118/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-WEISS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Langstaff
Title-Residential Condo & Other

No agent assigned

Welcome to The Vineyards, a nicely appointed condo community in the desirable Yonge & 16th Ave area of Richmond Hill. This well-maintained two-bedroom, two-bathroom corner suite offers approximately 950 SQFT of comfortable living space, TWO owned parking spaces and a separate locker. Recently refreshed with brand new LVP flooring through the main living areas, new baseboards, fresh paint and updated light fixtures. Super functional layout with a split-bedroom plan, eat-in kitchen, a large living room and balcony overlooking the front grounds, a primary bedroom with its own walk-in closet and ensuite bathroom. Premium corner unit offers additional windows and light. Enjoy the outstanding amenities, with an indoor pool, hot-tub, sauna, two gyms, media room, billiards room, clubhouse rooftop terrace, community BBQ area, tennis/pickleball courts and a putting green! All within a beautifully maintained community with 24-hr gated security. Excellent location is close to Hillcrest Mall, Walmart Supercentre, Home Depot, Staples, schools, parks, community centre and transit. Richmond Hill Centre Terminal (YRT/Viva), Langstaff GO, Hwy 7 and Hwy 407 are all within a few short minutes and the planned Yonge North Subway Extension will bring subway service to the area. Everyday convenience!

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

Mortgage Amount
$399,110
Land Transfer Taxes$6,453
Legal Fees (Est.)
$
Total cash required for closing$107,731

Total Monthly Obligation

$3,566/mo
Mortgage $2,012
Monthly Loss $3,036
Principal$530
Interest$1,483
Property Tax$236
Condo Fees$1,118
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.3%25
10-Year IRR
9.6%
Returns Index
13.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,880/yr
NOI
$13,648/yr
Net Cash Flow
-$875/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.7/ 100

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

Comparables

Properties near 330 Red Maple Road 205

Time

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