21 Carl Hill Lane, Richmond Hill

$1,099,900
21 Carl Hill Lane

$1,099,900

New
25d
Att/Row/Townhouse3-Storey

21 Carl Hill Lane, Richmond Hill

Total Monthly Obligation $4,812

Beds
3
Baths
4
Park
2
Sqft
2000-2500
DOM
25d
Score
19
Yield
4.4%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Att/Row/Townhouse
MLS® Number-N13834980
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-20 × 71 ft
Listed on site-Sep 28, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Langstaff
Title-Residential Freehold

No agent assigned

Welcome to this exceptional brand-new townhouse in the highly sought-after Langstaff neighbourhood of Richmond Hill. Offering 2,049 sq. ft. of thoughtfully designed above grade living space|, this home combines modern finishes, abundant natural light, and an unbeatable location close to transit, major highways, Hillcrest Mall, parks, and highly regarded schools. The spacious main living area features impressive 10-foot ceilings, while smooth ceilings throughout the home create a clean, contemporary feel. Enjoy numerous builder upgrades, including upgraded kitchen with extended cabinetry and designer hardware, 36" stainless steel refrigerator, modern black metal pickets on the staircase and gas stove. The thoughtfully designed layout also features the convenience of upper-level laundry.Lots of natural light, along with green space in the backyard. Includes one-car garage plus private driveway parking for a total of two parking spaces. Garage has EV charger installed. Ideally situated with easy access to public transit, highways, shopping, schools, parks, and everyday amenities. Tarion warranty included. Depending on individual buyer circumstances andeligibility requirements, buyers may qualify for the Enhanced Homeowners' New Residential(EHNR) Rebate. A rare opportunity to own a brand-new, upgraded home in one of Richmond Hill's most desirable locations.

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

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$4,812/mo
Mortgage $4,437
Monthly Loss $3,644
Principal$1,168
Interest$3,269
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.7%40
10-Year IRR
11.0%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$48,156/yr
NOI
$38,840/yr
Net Cash Flow
-$1,200/mo
Cash Margin
-29.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
20.1/ 100

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

Comparables

Properties near 21 Carl Hill Lane

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.