8501 Bayview Avenue 606, Richmond Hill

$618,000
8501 Bayview Avenue 606

$618,000

New
9d
Condo ApartmentApartment

8501 Bayview Avenue 606, Richmond Hill

Total Monthly Obligation $4,272

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
9d
Score
16
Yield
6.4%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-N14030232
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,470.34 (2026)
Maintenance-$1,372.9/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY INVESTMENTS GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Doncrest
Title-Residential Condo & Other

No agent assigned

View Virtual Tour! Absolutely Stunning 2 Bedrm+Den Fully Renovated Unit W/High Quality Materials/Wark! Beautiful, Unobstructed Views From Every Room! 2 Underground Parking Spots Close To Elevator And Ensuite Locker! Custom Made Kitchen With Granit Countertop, Tall Cabinets And Marble Backspalsh. Laminated Floors Throuout, Porcelain Tiles In Kitchen And Bathrms. Bright Den Used As An Office. Designer Painting! Great Amanities And 24 Hr Security!

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

Closing Costs

Mortgage Amount
$494,400
Land Transfer Taxes$8,835
Legal Fees (Est.)
$
Total cash required for closing$133,935

Total Monthly Obligation

$4,272/mo
Mortgage $2,493
Monthly Loss $3,616
Principal$656
Interest$1,837
Property Tax$206
Condo Fees$1,373
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.7%17
10-Year IRR
8.3%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,480/yr
NOI
$14,187/yr
Net Cash Flow
-$1,311/mo
Cash Margin
-39.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.4/ 100

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

Comparables

Properties near 8501 Bayview Avenue 606

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.