2 Kirkland Court, Richmond Hill

$1,398,000
2 Kirkland Court

$1,398,000

New
23d
Detached2-Storey

2 Kirkland Court, Richmond Hill

Total Monthly Obligation $6,569

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
23d
Score
16
Yield
3.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-N13843328
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-41.7 × 108.29 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,658.51 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Westbrook
Title-Residential Freehold

No agent assigned

PREMIUM CORNER LOT IN PRESTIGIOUS WESTBROOK! An exceptional opportunity to own a beautifully maintained 4-bedroom, 4-bathroom family home in Richmond Hill's highly sought-after Westbrook community. Set on a premium corner lot with an impressive 56-ft rear dimension, this property offers enhanced curb appeal, a sense of openness, and a private outdoor retreat framed by mature trees. Designed for comfortable family living and effortless entertaining, this home features a functional layout, generous principal rooms, and quality finishes throughout. The gourmet kitchen boasts high-end appliances, abundant cabinetry, a centre island, and ample counter space, seamlessly complementing the home's inviting living and dining areas. Four well-appointed bedrooms include a spacious primary retreat with a walk-in closet and luxurious 5-piece ensuite. With four bathrooms, there is plenty of convenience for the entire family. The finished basement provides valuable additional living space, ideal for a recreation room, home office, gym, or playroom. Additional highlights include a double-car garage equipped with a 50-amp electric vehicle charger and ample storage. A standout location for families, Westbrook is renowned for its excellent schools, including St. Theresa of Lisieux Catholic High School and Richmond Hill High School, along with nearby parks, shopping, transit, and everyday conveniences. Combining a premium corner lot, a thoughtfully designed family home, and an exceptional neighbourhood setting, this is a wonderful opportunity to enjoy the best of Westbrook living.

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

Closing Costs

Mortgage Amount
$1,118,400
Land Transfer Taxes$24,435
Legal Fees (Est.)
$
Total cash required for closing$305,535

Total Monthly Obligation

$6,569/mo
Mortgage $5,639
Monthly Loss $5,085
Principal$1,484
Interest$4,155
Property Tax$555
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.1/ 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
$50,604/yr
NOI
$34,385/yr
Net Cash Flow
-$2,774/mo
Cash Margin
-65.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.3/ 100

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

Comparables

Properties near 2 Kirkland Court

Time

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