6 David Eyer Road 513, Richmond Hill

$629,999
6 David Eyer Road 513

$629,999

New
17d
Condo ApartmentApartment

6 David Eyer Road 513, Richmond Hill

Total Monthly Obligation $3,712

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
17d
Score
17
Yield
5.4%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-N13866532
Beds-2
Bathrooms-2
Size-800-899 sqft
Lot Size-830 SquareFeet
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,093.63 (2026)
Maintenance-$712.73/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Block
Possession-Flexible
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

Welcome to a warm and inviting southwest-facing 2 bedroom, 2 Bathroom condo, beautifully decorated with a designers touch. Located in the Bayview and Elgin Mills area, this bright 830 SQFT unit offers unobstructed views of the Toronto skyline, filling the space with natural light and spectacular sunsets. Custom lighting fixtures, elegant window treatments, and stylish bathroom mirrors are thoughtfully chosen and included with the unit. This unit comes with 1 Underground Parking and 1 Locker Unit both owned. Enjoy many amenities this condo has to offer such as common BBQ area, Gym, Party Room, Theatre Room, Music Room, Business Centre and even a Pet Washing area. Step outside and you're moments away from scenic parks, place of worship, boutique shops, yoga and pilates studios, golf courses, and some of the areas best restaurants. For commuters, the Richmond Hill GO Station is just minutes away, offering quick access to downtown Toronto and beyond. Whether you're hosting guests or enjoying a peaceful evening at home, this unit offers the perfect blend of comfort, style, and convenience.

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

Closing Costs

Mortgage Amount
$503,999
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,712/mo
Mortgage $2,541
Monthly Loss $3,043
Principal$669
Interest$1,873
Property Tax$258
Condo Fees$713
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 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
$34,200/yr
NOI
$16,734/yr
Net Cash Flow
-$1,147/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.0/ 100

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

Comparables

Properties near 6 David Eyer Road 513

Time

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Data last updated within the past 24 hours.