5 Richmond Park Drive, Georgina

$1,285,000
5 Richmond Park Drive

$1,285,000

New
10d
Detached2-Storey

5 Richmond Park Drive, Georgina

Total Monthly Obligation $5,674

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
10d
Score
16
Yield
3.2%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-N14030304
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-39.44 × 222.85 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$1,393.86 (2025)
Parking-4 - Attached
Basement-Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Keswick North
Title-Residential Freehold

No agent assigned

The Venetian Group proudly presents The Balfour, One of Three remaining custom-built residences within an exclusive collection. Reflecting the exceptional craftsmanship synonymous with the builder's distinguished Toronto residences in Forest Hill & The Bridle Path, this 2,888 sq. ft. home offers 4 bedrooms, 4 bathrooms, and an impressive 222-ft. south-facing lot. Refined architecture, elevated finishes, & a thoughtful floor plan define this exceptional offering.The main level features soaring 10-ft. ceilings, wide-plank engineered hardwood flooring, 8-ft. interior doors, upgraded baseboards & trim, bespoke lighting, & elegant gold-accent hardware. The chef-inspired kitchen showcases premium custom cabinetry, quartz counters, a full-height slab stone backsplash, s/s appliances, & statement centre island. The kitchen opens seamlessly to the family room with a gas fireplace, while an open concept living & dining room complete the main floor. Upstairs, 9-ft. ceilings complement 4 bedrooms, each featuring a walk-in closet. The primary suite offers a custom-fitted walk-in closet & a spa-inspired ensuite w/heated floors, a freestanding soaker tub, & an oversized frameless glass shower w/niche. A dedicated upper-level laundry room adds everyday convenience. A dual-zone HVAC system w/separate thermostatic controls for the main & second floors provides enhanced temperature control throughout. The lower-level features 9-ft. ceilings, large windows, a separate entrance, & a bathroom rough-in, offering excellent potential for future customization. The fully fenced south-facing yard w/4-zone irrigation system provides space for a future pool, outdoor kitchen & entertaining area. Located minutes from Lake Simcoe, marinas, parks, amenities, schools, & HWY 404, The Balfour presents an exceptional opportunity to enjoy refined design, premium finishes, & contemporary comfort within one of Georgina's exclusive new-home collections. Full Tarion Warranty & Enhanced HST Rebate Available!

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Closing Costs

Mortgage Amount
$1,028,000
Land Transfer Taxes$22,175
Legal Fees (Est.)
$
Total cash required for closing$280,675

Total Monthly Obligation

$5,674/mo
Mortgage $5,183
Monthly Loss $4,311
Principal$1,364
Interest$3,819
Property Tax$116
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.6%17
10-Year IRR
7.9%
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
$40,920/yr
NOI
$30,934/yr
Net Cash Flow
-$2,605/mo
Cash Margin
-76.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.4/ 100

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

Comparables

Properties near 5 Richmond Park Drive

Time

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