40 Lowther Avenue, Richmond Hill

$1,150,000
40 Lowther Avenue

$1,150,000

New
2d
Att/Row/Townhouse2-Storey

40 Lowther Avenue, Richmond Hill

Total Monthly Obligation $5,436

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
2d
Score
16
Yield
3.6%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Att/Row/Townhouse
MLS® Number-N14105030
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-23.93 × 90.15 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$5,069.9 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Oak Ridges
Title-Residential Freehold

No agent assigned

Welcome to 40 Lowther Avenue, a beautifully appointed 3-bedroom, 4-bathroom freehold townhome in Richmond Hill's desirable Oak Ridges community. Extensively upgraded by the original owners this exceptional residence offers a wonderful blend of contemporary style, comfort, and functionality. Bright, open-concept principal rooms provide the perfect setting for both everyday living and entertaining. At the heart of the home is a beautifully appointed chef's kitchen featuring elegant quartz countertops, carefully selected finishes and a seamless connection to the living and dining areas. A contemporary electric fireplace adds warmth and ambiance, while a walkout from the dining room leads to a deck and professionally landscaped backyard. Ideal for summer barbecues, outdoor dining or simply relaxing, this private retreat features low-maintenance landscaping and privacy fencing. The second level offers three bedrooms with custom closet organizers for excellent storage, plus the added convenience of second-floor laundry. The finished lower level provides additional recreational space, complete with a wet bar and bathroom, ideal for hosting guests or enjoying a quiet evening at home. Surrounded by the natural beauty of the Oak Ridges Moraine, residents enjoy access to Lake Wilcox Park, scenic trails, conservation areas and recreational facilities. Shopping, restaurants, schools and major commuter routes are also conveniently accessible. Beautifully upgraded inside and out, this move-in-ready home offers stylish freehold living in one of Richmond Hill's sought-after neighbourhoods.

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

Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$5,436/mo
Mortgage $4,639
Monthly Loss $4,216
Principal$1,221
Interest$3,418
Property Tax$422
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.6/ 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
$41,040/yr
NOI
$27,366/yr
Net Cash Flow
-$2,358/mo
Cash Margin
-69.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.8/ 100

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

Comparables

Properties near 40 Lowther Avenue

Time

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Data last updated within the past 24 hours.