22 Clarissa Drive Ph6, Richmond Hill

$539,000
22 Clarissa Drive Ph6

$539,000

New
22d
Condo ApartmentApartment

22 Clarissa Drive Ph6, Richmond Hill

Total Monthly Obligation $3,417

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
900-999
DOM
22d
Score
19
Yield
6.6%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-N13852612
Bed+Den-2+1
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,312.58 (2026)
Maintenance-$850.37/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-T-ONE GROUP REALTY INC.,
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Harding
Title-Residential Condo & Other

No agent assigned

Rare Opportunity To Own A Luxury Penthouse Suite In The Heart Of Richmond Hill's Prestigious Gibraltar Condos Built By Tridel. This Beautifully Appointed 1 Bedroom + Den Unit Boasts Spectacular Unobstructed West Views, High Quality Laminate Floors Throughout, Open Concept Living & Dining Bathed In Natural Light, And A Versatile Den That Can Be Used As A Second Bedroom Or Home Office. Extensively Updated Throughout - Freshly Painted With Smooth Ceilings (Popcorn Removed) And Newly Installed 1000 CFM Hood Range. Ensuite Laundry For Added Convenience. Maintenance Fee Includes All Utilities Plus Bell 1.5GB Fibre Internet & Cable TV With Premium Packages - One Of The Best Value Maintenance Fees In The Area. One Underground Parking Included. World-Class Amenities: Indoor & Outdoor Pools, Tennis & Squash Courts, Exercise Room, Party Room, Movie Theatre, Outdoor BBQ Area, 24Hr Gatehouse Security & Guest Suites. 3-Minute Walk To Clarissa GO/Viva Bus Stop, 5 Minutes To Richmond Hill GO Station, Walking Distance To Multiple Grocery Stores, T&T Supermarket, Hillcrest Mall, MacKenzie Health Hospital, Library & Top-Ranked Schools. Minutes To Highways 7 & 407. Pets Allowed - No Dogs. Experience True Luxury Penthouse Living At Its Finest - Nothing To Do But Move In!

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

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,417/mo
Mortgage $2,174
Monthly Loss $2,845
Principal$572
Interest$1,602
Property Tax$193
Condo Fees$850
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.7%34
10-Year IRR
10.6%
Returns Index
17.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,508/yr
NOI
$17,040/yr
Net Cash Flow
-$754/mo
Cash Margin
-25.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.3/ 100

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

Comparables

Properties near 22 Clarissa Drive Ph6

Time

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Data last updated within the past 24 hours.