12 Mackay Drive, Richmond Hill

$2,280,000
12 Mackay Drive

$2,280,000

New
23d
Detached2-Storey

12 Mackay Drive, Richmond Hill

Total Monthly Obligation $10,641

Beds
6
Baths
5
Park
5
Sqft
3500-5000
DOM
23d
Score
14
Yield
3.1%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N13844426
Beds-6
Bathrooms-5
Size-3500-5000 sqft
Lot Size-50 × 150 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,824 (2025)
Parking-7 - Attached
Basement-Finished, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-VIP BAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-South Richvale
Title-Residential Freehold

No agent assigned

MINUTES TO FUTURE YONGE SUBWAY EXTENSION , Prestigious South Richvale, Luxury Custom-Built Home On Premium Lot, Fully 2026 Renovated, 2026 Fresh Paint, New Bosch Dishwasher & Gas Stove & Range Hood, Highly Rated School in Area, Steps to: Yonge St., Bus Stop, Hillcrest Mall, Parks, Library, Bakery, Restaurants, Highway 7 & Hwy 407, Walmart, Loblaws & More ..., Grand Open-To-Above Foyer, Spacious Open-Concept Layout, Hardwood Throughout, Large Windows, Custom Kitchen With Granite Countertops, Large Bright Breakfast Area with Walk-Out to Oversized Deck & Landscaped Backyard, Gas Fireplace, Primary Bedroom With 2 Walk-In Closets & Additional Built-In Closet with a Luxurious 6-Piece Ensuite with Jacuzzi, Professionally Finished Basement with 2 Bedrooms & Huge Living/Rec Room & Full Bathroom & Windows, Separate Private Entrance with Walk-Up to Private Backyard, Basement Rough-In Ready, Landscaped Fenced Backyard With Large Sitting Deck, Interlock Driveway, Stone Steps, Central Vac, Huge Furnace Room, Garage Entry, A Lot To Say . * MUST SEE * . * See Virtual Tour Link *

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

Closing Costs

Mortgage Amount
$1,824,000
Land Transfer Taxes$43,475
Legal Fees (Est.)
$
Total cash required for closing$500,975

Total Monthly Obligation

$10,641/mo
Mortgage $9,197
Monthly Loss $8,220
Principal$2,420
Interest$6,777
Property Tax$1,069
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$71,280/yr
NOI
$46,828/yr
Net Cash Flow
-$5,295/mo
Cash Margin
-89.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.6/ 100

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

Comparables

Properties near 12 Mackay Drive

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.