75 Weldrick Road E 613, Richmond Hill

$638,000
75 Weldrick Road E 613

$638,000

New
2d
Condo TownhouseBungalow

75 Weldrick Road E 613, Richmond Hill

Total Monthly Obligation $3,372

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
20
Yield
5.5%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-N14102436
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$2,623 (2025)
Maintenance-$380/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Brick, Brick Front
Roof-Shingles
Foundation-Unknown
Possession-Vacant
Neighbourhood-Observatory
Title-Residential Condo & Other

No agent assigned

Beautifully $$ Renovated Three Bedroom Flat-Level Condo Townhouse Located In High Demand Observatory! No Endless Stairs, Low Maintainence Fees & South-Facing! Freshly Painted Throughout! Featuring Upgraded LED Lighting, Potlights and Laminate Flooring. Offering Over 1,000 Sqft Of Well-Planned Living Space, This Home Features Three Generously Sized Bedrooms, Two Full Bathrooms! A Perfect Blend Of Style And Functionality In A Quiet, Family-Oriented Community. Ideal For Professionals, Couples, Or Those Looking To Downsize! The Kitchen Showcases a Smooth Ceiling, Mordern High-Gloss Designer Cabinetry, Quartz Countertops And Designer's Mosaic Glass Tiled Backsplash Providing Both Functionality and Style for Daily Living and Entertaining. The Primary Bedroom Includes a Walk-In Closet and a Stylish Ensuite 5 Pcs Bathroom. Modern Bathroom Features Floating Double Sink Vanity, Framed Glass Shower Door And Gray Marble-look Tile. Conveniently Located Steps From H Mart, Hillcrest Mall, and T&T Supermarket, With Easy Access to Viva Transit, GO Train, Highways 404/407, and Top-Ranked Schools! A Rare Offering That Combines Style, Function, and an Exceptional Location. Don't Miss Your Chance To Own A Bright, Spacious Home In One Of The Areas Most Sought-After Communities! One Parking Spot Included.

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

Closing Costs

Mortgage Amount
$510,400
Land Transfer Taxes$9,235
Legal Fees (Est.)
$
Total cash required for closing$138,335

Total Monthly Obligation

$3,372/mo
Mortgage $2,574
Monthly Loss $2,695
Principal$677
Interest$1,896
Property Tax$219
Condo Fees$380
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
20.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,172/yr
NOI
$22,072/yr
Net Cash Flow
-$734/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7111
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
25.2/ 100

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

Comparables

Properties near 75 Weldrick Road E 613

Time

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