81 Old Colony Road, Richmond Hill

$1,288,000
81 Old Colony Road

$1,288,000

New
7d
Detached2-Storey

81 Old Colony Road, Richmond Hill

Total Monthly Obligation $6,057

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
7d
Score
17
Yield
4.0%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-N14084920
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-39.37 × 109.91 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,837.11 (2025)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Space to grow, upgrades to enjoy and a location designed for family living, this spacious 4- bedroom detached home offers over 2,600 sq. ft. of total living space in the sought-after Oak Ridges community. Freshly painted and filled with natural light, the home features spacious principal rooms and a practical layout for everyday living and entertaining. At its heart is a renovated kitchen with marble countertops, modern cabinetry and an open-concept design that connects naturally with the surrounding living spaces. 9ft ceilings featured on the main and second floors. The finished basement provides valuable additional space for an additional bedroom, in law suite, recreation room, home office, gym or guest area, along with custom his-and-hers closets. Outside, the professionally upgraded backyard patio and outdoor lighting create an inviting setting for summer dining, entertaining and relaxed evenings at home. Conveniently located near Bond Lake Recreation Centre and its year-round recreation and community activities, as well as Lake Wilcox, parks, trails, schools, shopping, Yonge Street and major commuter routes. Move in and enjoy the meaningful upgrades already completed, with the flexibility to add your own style over time. An exceptional opportunity to own a spacious detached home at outstanding value in one of Richmond Hill's most family-friendly communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,030,400
Land Transfer Taxes$22,235
Legal Fees (Est.)
$
Total cash required for closing$281,335

Total Monthly Obligation

$6,057/mo
Mortgage $5,195
Monthly Loss $4,690
Principal$1,367
Interest$3,828
Property Tax$486
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$51,324/yr
NOI
$35,854/yr
Net Cash Flow
-$2,208/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.4/ 100

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

Comparables

Properties near 81 Old Colony Road

Time

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