115 Crosby Avenue, Richmond Hill

$999,000
115 Crosby Avenue

$999,000

New
20d
Detached2-Storey

115 Crosby Avenue, Richmond Hill

Total Monthly Obligation $4,865

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
20d
Score
17
Yield
4.4%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-N13858070
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 125 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,526.18 (2025)
Parking-3 - Carport
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Concrete Block
Sewer-Sewer
Possession-Immedately
Neighbourhood-Crosby
Title-Residential Freehold

No agent assigned

Great Opportunities for Developer/Builder & Value-driven Buyers Who Can Enjoy A Convenient Lifestyle While Benefiting from Land Appreciation. Large Lot w Front 50 Ft And Rear 64.79 Ft, Sunny Bright Cozy House. Located Near Yonge And Crosby Ave, Mins Walk To Shops, Restaurants, Cafes, Lcbo, Beer Store, Shopers Drug Mart On Yonge St, Go Train Transit, Churches, Schools, Community Centre. Great For Family Living And Potential For Future Development. Fresh Painted Walls(2026), New Gas Stove(2026), New Dishwasher(2026), Newer Fridge, Newer Roof(2022), Newer Paint(2022), Newer Wood Stairs On Main Floor(2022), Newer Laminate Flr On 2nd Flr(2022), Newer Pot Lights (2022), Newer Toilets(2022), Newer Installed Bathroom On 2nd Floor.

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

Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,865/mo
Mortgage $4,030
Monthly Loss $3,805
Principal$1,060
Interest$2,969
Property Tax$461
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.9/ 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
$44,148/yr
NOI
$29,707/yr
Net Cash Flow
-$1,554/mo
Cash Margin
-42.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.7/ 100

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

Comparables

Properties near 115 Crosby Avenue

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.