19 Penwick Crescent, Richmond Hill

$1,558,000
19 Penwick Crescent

$1,558,000

Price Change
23d
DetachedBacksplit 4

19 Penwick Crescent, Richmond Hill

Total Monthly Obligation $7,313

Beds
4
Baths
4
Park
6
Sqft
2000-2500
DOM
23d
Score
15
Yield
3.3%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-N13842300
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-49.5 × 120 ft
Listed on site-Sep 30, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$7,836.67 (2026)
Parking-8 - Attached
Basement-Finished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX IMPERIAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

Set on a rare 50-foot parkside pie lot (rear width 55.65 feet) with an extra 20 feet of setback from the non-sidewalk frontage, the property offers unusual privacy and presence. The beautifully landscaped wooded lot is fully fenced and provides direct access to the park. Mature trees, a double garage, and a polished exterior complete the first impression. Inside, the home showcases extensive cherry hardwood like floor and granite on the main floor, crown moulding, and 6-inch baseboards. The bright, open-concept kitchen features a modern finish, granite floors, and a breakfast bar - ideal for everyday living and entertaining. A main-floor bedroom with ensuite is perfectly suited for parents, in-laws, or guests. Main-floor laundry adds convenience.The huge primary suite includes a luxurious ensuite. The sunken family room features granite flooring and a wood-burning stone fireplace. The basement is fully finished. Recent improvements span 2018 through 2026 and include furnace, roof and shingles, windows, stove, air conditioning, refrigerator, interior and exterior painting, driveway, backyard fence, deck, front door steps, basement flooring, kitchen countertops, two bathroom countertops, smooth ceilings, pot lights and ceiling lighting, plus cabinet handles and door locks. These updates total approximately $100,000.00 and reflect consistent, quality care of the home. This is a rare combination of a premium parkside pie lot, a large quality addition, open-concept living, and a fully remodelled interior in one of Richmond Hill's most sought-after areas. Bright, elegant, and move-in ready for a growing family.

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

Closing Costs

Mortgage Amount
$1,246,400
Land Transfer Taxes$27,635
Legal Fees (Est.)
$
Total cash required for closing$340,735

Total Monthly Obligation

$7,313/mo
Mortgage $6,285
Monthly Loss $5,659
Principal$1,654
Interest$4,631
Property Tax$653
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.4%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$52,128/yr
NOI
$34,579/yr
Net Cash Flow
-$3,403/mo
Cash Margin
-78.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.4/ 100

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

Comparables

Properties near 19 Penwick Crescent

Time

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