8868 Yonge Street 207E, Richmond Hill

$488,000
8868 Yonge Street 207E

$488,000

New
18d
Condo ApartmentApartment

8868 Yonge Street 207E, Richmond Hill

Total Monthly Obligation $2,976

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
18d
Score
18
Yield
5.6%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-N13866686
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,311 (2026)
Maintenance-$614.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Tenancy
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Rare Opportunity To Invest At Westwood Gardens At The Heart Of Richmond Hill! This 572 SqFt. One Bedroom Plus Den, One Bathroom Condo Offers A Spacious, Open-Concept Layout With 9-Foot Smooth Ceilings And Floor-To-Ceiling Windows That Provide Abundant Natural Light. The Building Features State-Of-The-Art Amenities, Including A Fitness Center, Yoga Studio, Sauna, Sports Court, Rooftop Terrace, And EV Charging Stations. Families Will Appreciate The Excellent Local School Catchment, Which Includes The Highly Ranked St. Theresa Of Lisieux Catholic High School. Situated In The Core Of The City, The Unit Is Highly Walkable, Positioned Just Steps Away From Supermarkets, Restaurants, Cinemas, And The Langstaff GO Station.

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

Closing Costs

Mortgage Amount
$390,400
Land Transfer Taxes$6,235
Legal Fees (Est.)
$
Total cash required for closing$105,335

Total Monthly Obligation

$2,976/mo
Mortgage $1,968
Monthly Loss $2,458
Principal$518
Interest$1,450
Property Tax$193
Condo Fees$615
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.4%20
10-Year IRR
8.8%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$27,252/yr
NOI
$12,440/yr
Net Cash Flow
-$932/mo
Cash Margin
-41.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
26.1/ 100

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

Comparables

Properties near 8868 Yonge Street 207E

Time

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