330 Red Maple Road 601, Richmond Hill

$398,000
330 Red Maple Road 601

$398,000

New
8d
Condo ApartmentApartment

330 Red Maple Road 601, Richmond Hill

Total Monthly Obligation $2,626

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
8d
Score
20
Yield
6.6%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-N14084420
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,961.07 (2026)
Maintenance-$657.15/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-1-29 days
Neighbourhood-Langstaff
Title-Residential Condo & Other

No agent assigned

Welcome to The Vineyards, a prestigious gated community in the heart of Richmond Hill! This bright 563Sqft 1-bedroom suite features a practical layout, a spacious balcony, and lovely views overlooking green space. Recently updated with a renovated bathroom, brand-new vinyl flooring, fresh paint throughout, and a brand-new refrigerator and dishwasher. Enjoy resort-style amenities, including an indoor pool, gym, sauna, tennis court, rooftop terrace and party room, along with 24-hour gatehouse security. Enjoy the best of both worlds- just a 5-minute walk to Yonge Street , while offering a quieter setting away from the main street's bustle. 10-12 minutes walk to Hillcrest mall, conveniently close to transit, shopping, restaurants, parks and major highways.

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

Closing Costs

Mortgage Amount
$318,400
Land Transfer Taxes$4,445
Legal Fees (Est.)
$
Total cash required for closing$85,545

Total Monthly Obligation

$2,626/mo
Mortgage $1,605
Monthly Loss $2,204
Principal$422
Interest$1,183
Property Tax$163
Condo Fees$657
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.8%27
10-Year IRR
9.9%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,364/yr
NOI
$11,481/yr
Net Cash Flow
-$649/mo
Cash Margin
-29.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
29.3/ 100

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

Comparables

Properties near 330 Red Maple Road 601

Time

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Data last updated within the past 24 hours.