24 Aristotle Drive E, Richmond Hill

$1,489,900
24 Aristotle Drive E

$1,489,900

New
9d
Detached2-Storey

24 Aristotle Drive E, Richmond Hill

Total Monthly Obligation $6,936

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
9d
Score
15
Yield
3.3%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-N14034604
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-41.01 × 109.91 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,611 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Devonsleigh
Title-Residential Freehold

No agent assigned

EXECUTIVE FAMILY HOME | DESIGNER RENOVATION | ENTERTAINER'S DREAM. Fully renovated top-to-bottom approximately 4 years ago, this sophisticated 5-bedroom Richmond Hill home combines modern open-concept living with exceptional entertaining space. Welcoming double-door entry opens to a bright and spacious interior featuring hardwood flooring, soaring ceilings, elegant spiral staircase and designer lighting. The stunning family kitchen offers quartz countertops, oversized island, newer appliances and charming bay-window seating. Dining area includes a stylish dry bar and opens to a large outdoor entertaining area with gas BBQ line.Spacious primary retreat features a beautifully designed 4-piece ensuite with designer freestanding tub and full shower. Fully finished basement offers an open-concept recreation area, built-in home theatre, 5th bedroom, modern laundry with newer washer/dryer, additional fridge/freezer and spa-inspired bathroom with steam sauna and built-in music.Professionally landscaped front and backyard with in-ground sprinkler system, abundant natural light, modern fixtures and thoughtful finishes throughout.Prime location within walking distance to transit, shopping, restaurants, groceries, medical services and amenities, with easy access to Hwy 404, GO Transit, Hillcrest Mall, parks and schools.A stylish, move-in-ready executive family home designed for comfortable living and memorable gatherings.

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

Closing Costs

Mortgage Amount
$1,191,920
Land Transfer Taxes$26,273
Legal Fees (Est.)
$
Total cash required for closing$325,753

Total Monthly Obligation

$6,936/mo
Mortgage $6,010
Monthly Loss $5,354
Principal$1,581
Interest$4,428
Property Tax$551
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$49,416/yr
NOI
$33,363/yr
Net Cash Flow
-$3,230/mo
Cash Margin
-78.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

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

Comparables

Properties near 24 Aristotle Drive E

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.