47 Arten Avenue, Richmond Hill

$1,999,888
47 Arten Avenue

$1,999,888

New
23d
Detached2-Storey

47 Arten Avenue, Richmond Hill

Total Monthly Obligation $9,443

Beds
6
Baths
6
Park
6
Sqft
3500-5000
DOM
23d
Score
17
Yield
4.4%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-N13845056
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-51.59 × 133.82 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,009 (2026)
Parking-8 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-GOLDEN TEAM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Brick, Stone
Sewer-Sewer
Possession-Imme/Tba
Neighbourhood-Mill Pond
Title-Residential Freehold

No agent assigned

Rare Corner/End Unit Luxury Home On A Quiet, Low-Traffic New Street and South-facing for abundant natural light-warmer in winter and cooler in summer! Custom-Built With A Remarkable Open-Concept Layout, Open-To-Above Entrance, And Elegant High-Ceiling Family Room. Bright And Spacious Throughout With Extra Windows, Hardwood Floors, Ceramic Tiles, Granite Kitchen Countertops, And Large Centre Island. Luxury Corner Unit with Exceptional Design & Premium Finishes! Featuring an impressive 18-ft soaring Living Room with elegant pot lights and a stunning crystal chandelier, creating a bright and grand atmosphere. Enjoy 9-ft ceilings on the main floor, exquisite Italian designer furniture, and crystal chandeliers throughout the entire home, adding timeless elegance to every room. The professionally finished walkout basement with a separate entrance offers incredible flexibility for extended family, guests, or potential rental income. Situated on a rare corner lot, this home provides enhanced privacy, abundant natural light, and outstanding curb appeal. A perfect blend of luxury, functionality, and sophisticated living. Spacious Primary Bedroom Features Sitting Area And Walk-In Closet. Finished Walk-Out Basement Offers Excellent Extra Living Space, Natural Light, And Great Potential For In-Law Suite, Rental Income, Home Office, Or Recreation Area. Premium Corner/End Unit Provides Added Privacy, More Natural Light, And A Larger, More Desirable Feel. Steps To Yonge St, Shops, Banks, Transit, Schools, And All Amenities!

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

Closing Costs

Mortgage Amount
$1,599,910
Land Transfer Taxes$36,473
Legal Fees (Est.)
$
Total cash required for closing$437,951

Total Monthly Obligation

$9,443/mo
Mortgage $8,067
Monthly Loss $7,320
Principal$2,123
Interest$5,944
Property Tax$1,001
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$87,468/yr
NOI
$62,212/yr
Net Cash Flow
-$2,883/mo
Cash Margin
-39.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
14.5/ 100

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

Comparables

Properties near 47 Arten Avenue

Time

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