3 Rosewater Street 1509W, Richmond Hill

$849,900
3 Rosewater Street 1509W

$849,900

New
7d
Condo ApartmentApartment

3 Rosewater Street 1509W, Richmond Hill

Total Monthly Obligation $4,738

Beds
3
Baths
2
Park
1
Sqft
800-899
DOM
7d
Score
15
Yield
4.1%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-N14086306
Beds-3
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,154 (2025)
Maintenance-$847.29/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-HERITAGE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-South Richvale
Title-Residential Condo & Other

No agent assigned

Welcome To The Prestigious Westwood Community In Desirable South Richvale! Spectacular Sun filled Corner Unit Features 3 Bedrooms, 2 Washrooms With Parking & Locker, Modern Yet Comfortable Split Bedroom Layout, Floor To Ceiling Window Allow For An Abundance Of Natural Light , Large Open Concept Living/Dining Area, Kitchen Island With Ample Storage, 9Ft Smooth Finished Ceilings ,Wide Plank Laminate Wood Floors, Primary Bedroom Features Large W/I Closet& Private Ensuite, Spacious Bathrooms With Rain-Head Shower & Walk-Out To Large Balcony With Clear Panoramic City Views ,Prime Location At Yonge & Hwy 7 & 407. Walking Distance to Shops, Restaurants, Parks, Playground, Public transportation, Go STN and Top Rated Schools. Must See! Handicap Parking Allows For Larger Parking Area.

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,738/mo
Mortgage $3,428
Monthly Loss $3,836
Principal$902
Interest$2,526
Property Tax$263
Condo Fees$847
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.9%11
10-Year IRR
6.7%
Returns Index
6.6/ 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
$35,016/yr
NOI
$15,793/yr
Net Cash Flow
-$2,112/mo
Cash Margin
-72.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.7/ 100

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

Comparables

Properties near 3 Rosewater Street 1509W

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.

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Data last updated within the past 24 hours.