113 Credit Lane, Richmond Hill

$1,099,990
113 Credit Lane

$1,099,990

New
22d
Att/Row/Townhouse3-Storey

113 Credit Lane, Richmond Hill

Total Monthly Obligation $4,812

HausQ Valuation Report
Beds
3
Baths
4
Park
1
Sqft
2500-3000
DOM
22d
Score
20
Yield
4.5%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Att/Row/Townhouse
MLS® Number-N13847342
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-24.15 × 70.85 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-1 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-BLUE DIAMOND REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Jefferson
Title-Residential Freehold

No agent assigned

Unprecedented value with a new price on remaining Builder inventory! Welcome to the Towns on Bayview, this stunning contemporary townhome offers the perfect blend of style, functionality, and low maintenance living in one of Richmond Hill's most desirable communities. This beautifully designed home features a spacious open concept layout, with sun-filled principal rooms, modern finishes, and a double car garage, an exceptional feature rarely found in townhomes. The floor plan offers generous living and entertaining spaces, while the private rooftop terrace provides the perfect outdoor retreat for relaxing, entertaining guests. Close to parks, top-rated schools, shopping, restaurants, transit, and major highways, everything is minutes away. Book your private tour today! Listing price includes expanded HST rebate.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$879,992
Land Transfer Taxes$18,475
Legal Fees (Est.)
$
Total cash required for closing$239,973

Total Monthly Obligation

$4,812/mo
Mortgage $4,437
Monthly Loss $3,644
Principal$1,168
Interest$3,269
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.6%2
5-Year IRR
11.0%43
10-Year IRR
11.3%
Returns Index
22.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$49,356/yr
NOI
$39,920/yr
Net Cash Flow
-$1,110/mo
Cash Margin
-27.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
20.3/ 100

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

Comparables

Properties near 113 Credit Lane

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.