18 Harding Boulevard 1203, Richmond Hill

$595,000
18 Harding Boulevard 1203

$595,000

New
8d
Condo ApartmentApartment

18 Harding Boulevard 1203, Richmond Hill

Total Monthly Obligation $3,507

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
8d
Score
19
Yield
5.8%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-N14081586
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,764 (2025)
Maintenance-$677.06/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Harding
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious two-bedroom, two-bathroom condominium offering approximately 844 sq. ft. of interior living space, as per MPAC, plus a spacious balcony. The functional open-concept layout seamlessly connects the living, dining and kitchen areas, creating a comfortable setting for everyday living and entertaining. The kitchen features stainless-steel appliances, granite countertops and a double sink, while hardwood flooring runs throughout the principal living areas. Walk out to the balcony from either the living room or primary bedroom. The primary bedroom also features a four-piece ensuite. Includes ensuite laundry, one underground parking space and one owned locker. Enjoy an exceptional location just steps from Hillcrest Mall, Yonge Street, restaurants, parks, Richmond Hill Public Library, public transit and healthcare facilities. Convenient access to VIVA, GO Transit and Highways 7, 404 and 407 makes commuting throughout the GTA easy. Residents enjoy excellent building amenities, including 24-hour concierge and security, a fitness centre, games room, guest suites, party/meeting room and visitor parking. Maintenance fees include heat and water. An excellent opportunity for first-time buyers, downsizers, professionals or investors. One underground parking space and one locker. Excellent building amenities and a highly convenient location close to shopping, restaurants, parks, public transit and major highways.

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

Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,507/mo
Mortgage $2,400
Monthly Loss $2,876
Principal$632
Interest$1,768
Property Tax$230
Condo Fees$677
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.1%29
10-Year IRR
10.0%
Returns Index
15.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,680/yr
NOI
$17,923/yr
Net Cash Flow
-$906/mo
Cash Margin
-31.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 18 Harding Boulevard 1203

Time

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