51 Baffin Court 420, Richmond Hill

$524,980
51 Baffin Court 420

$524,980

New
25d
Condo ApartmentApartment

51 Baffin Court 420, Richmond Hill

Total Monthly Obligation $3,218

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
25d
Score
18
Yield
5.9%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-N13836318
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,011 (2025)
Maintenance-$733/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Krome Capital Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-60 Days
Neighbourhood-Langstaff
Title-Residential Condo & Other

No agent assigned

The Heart Of Richmond Hill! This Bright 2 Bedroom, 1 Bathroom Corner Suite Offers A Spacious Layout Filled With Natural Light From Large Windows Throughout. Featuring High Ceilings, An Open-Concept Design And A Smart, Well-Planned Layout Designed For Easy, Comfortable Living. Perfect For First-Time Buyers, Investors Or Anyone Looking To Enjoy A Convenient Lifestyle In A Prime Location. Ideally Situated Close To Shopping, Restaurants, Grocery Stores, Public Transit And Everyday Amenities.

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

Closing Costs

Mortgage Amount
$419,984
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,471

Total Monthly Obligation

$3,218/mo
Mortgage $2,118
Monthly Loss $2,661
Principal$557
Interest$1,560
Property Tax$168
Condo Fees$733
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%26
10-Year IRR
9.5%
Returns Index
13.9/ 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
$31,116/yr
NOI
$14,797/yr
Net Cash Flow
-$885/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.8/ 100

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

Comparables

Properties near 51 Baffin Court 420

Time

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Data last updated within the past 24 hours.