262 Mcconvey Drive, Richmond Hill

$874,998
262 Mcconvey Drive

$874,998

New
25d
Semi-Detached Bungalow-Raised

262 Mcconvey Drive, Richmond Hill

Total Monthly Obligation $4,285

Beds
6
Baths
2
Park
3
Sqft
700-1100
DOM
25d
Score
16
Yield
3.7%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Semi-Detached
MLS® Number-N13841752
Beds-6
Bathrooms-2
Size-700-1100 sqft
Lot Size-31.62 × 111.1 ft
Listed on site-Sep 28, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Taxes-$4,562.09 (2025)
Parking-3 - None
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX IMPERIAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Crosby
Title-Residential Freehold

No agent assigned

Well Maintained Lovely Home Located On A Quiet Street Close To All Amenities. Pleasing Interior Decor Featuring Three Good Sized Bedrooms, Combination Living Room/Diving Room With Picture Window Overlooking Front Yard, An Updated Kitchen And Hardwood Underneath Laminate Flooring Throughout. The Basement Is Finished With A Separate Entrance To 3 Bedrooms, 4-Piece Bath, Kitchen, And Large Family Room With Above Grade Windows Which Provides Lots Of Light, Built 1956.

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

Closing Costs

Mortgage Amount
$699,998
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,285/mo
Mortgage $3,529
Monthly Loss $3,356
Principal$929
Interest$2,601
Property Tax$380
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 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
$32,040/yr
NOI
$19,774/yr
Net Cash Flow
-$1,882/mo
Cash Margin
-70.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.4/ 100

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

Comparables

Properties near 262 Mcconvey Drive

Time

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Data last updated within the past 24 hours.