22 Fern Avenue, Richmond Hill

$2,450,000
22 Fern Avenue

$2,450,000

New
24d
Detached2-Storey

22 Fern Avenue, Richmond Hill

Total Monthly Obligation $11,266

Beds
5
Baths
6
Park
7
Sqft
3500-5000
DOM
24d
Score
16
Yield
4.0%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-N13840058
Beds-5
Bathrooms-6
Size-3500-5000 sqft
Lot Size-59.11 × 118.22 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,101.7 (2026)
Parking-9 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Langstaff
Title-Residential Freehold

No agent assigned

Welcome to 22 Fern Avenue, this beautiful home is situated in a sought-after neighbourhood. A well-maintained home offering comfort, space, and elegance. From the grand entrance with high ceilings to the expansive principal rooms, the home showcases an impressive layout ideal for everyday living and upscale entertaining. The main floor offers an inviting Living, Family and Dining room, an office, and a functional kitchen with ample cabinetry and workspace, creating the perfect setting for family gatherings or hosting guests. The upper level offers FIVE generously sized bedrooms with their FIVE beautifully appointed bathrooms, every detail has been thoughtfully designed to provide both comfort and sophistication. The luxurious primary suite serves as a private retreat complete with a spa-inspired ensuite and ample closet space The unfinished basement provides excellent storage or the opportunity to customize the space to suit your needs. Situated in one of Richmond Hill's most desirable communities, this home is surrounded by top-rated schools, beautiful parks, upscale shopping, fine dining, golf courses, and convenient access to major highways and transit, making it an exceptional choice for families and professionals alike. This is more than just a home-it's a statement of luxury, prestige, and lifestyle. Experience the elegance, space, and unmatched location that make 22 Fern Ave a truly remarkable opportunity.

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Closing Costs

Mortgage Amount
$1,960,000
Land Transfer Taxes$47,725
Legal Fees (Est.)
$
Total cash required for closing$539,225

Total Monthly Obligation

$11,266/mo
Mortgage $9,883
Monthly Loss $8,666
Principal$2,601
Interest$7,282
Property Tax$1,008
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.4%26
10-Year IRR
9.3%
Returns Index
14.1/ 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
$97,440/yr
NOI
$71,094/yr
Net Cash Flow
-$3,958/mo
Cash Margin
-48.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
13.5/ 100

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

Comparables

Properties near 22 Fern Avenue

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.

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Data last updated within the past 24 hours.