3921D Old Richmond Road, Bells Corners and South to Fallowfield

$399,900
3921D Old Richmond Road

$399,900

New
8d
Condo Townhouse2-Storey

3921D Old Richmond Road, Bells Corners and South to Fallowfield

Total Monthly Obligation $2,493

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
23
Yield
7.1%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Townhouse
MLS® Number-X14080192
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,430 (2026)
Maintenance-$477/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-INNOVATION REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-7805 - Arbeatha Park
Title-Residential Condo & Other

No agent assigned

Look no further! This is it! Three bedroom condo it the heart of Bells Corners with access to shopping, parks and the future LRT! Recently painted with new stairway carpeting, this home presents the fresh opportunity that you've been looking for. Luxury vinyl on all three levels. Neutral white eat-in kitchen with lots of counter space for food prep. Large open concept living/dining with endless options for furniture placement. Three well sized bedrooms upstairs with a four piece bathroom. Downstairs to a finished rec room, 2 piece bathroom and laundry room. Fenced yard affords outdoor enjoyment and privacy for family BBQs or just your morning coffee! Minutes to the Queensway, schools, shops, recreation and more, this location is where you need to be!

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,493/mo
Mortgage $1,613
Monthly Loss $2,068
Principal$424
Interest$1,189
Property Tax$203
Condo Fees$477
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
12.0%50
10-Year IRR
12.3%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,548/yr
NOI
$15,139/yr
Net Cash Flow
-$351/mo
Cash Margin
-14.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.5/ 100

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

Comparables

Properties near 3921D Old Richmond Road

Time

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Data last updated within the past 24 hours.