8 David Eyer Road 1225, Richmond Hill

$788,000
8 David Eyer Road 1225

$788,000

New
7d
Condo TownhouseStacked Townhouse

8 David Eyer Road 1225, Richmond Hill

Total Monthly Obligation $3,979

HausQ Valuation Report
Beds
2
Baths
3
Park
1
Sqft
900-999
DOM
7d
Score
16
Yield
3.9%
Cash on Cash
-8.1%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Townhouse
MLS® Number-N14089588
Beds-2
Bathrooms-3
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,473.67 (2026)
Maintenance-$311/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-AECORN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Concrete
Possession-TBA
Neighbourhood-Rural Richmond Hill
Title-Residential Condo & Other

No agent assigned

Welcome to modern townhouse living in the highly desirable Elgin East community of Richmond Hill! Discover this newer, beautifully designed 2-bedroom, 3-bathroom condo townhouse offering the perfect combination of contemporary style, comfort, and convenience. Enjoy the charm and privacy of townhouse living in a vibrant, growing neighbourhood surrounded by everyday conveniences. Ideally situated near Bayview Avenue and Elgin Mills Road, just minutes from Richmond Green Park, excellent schools, community centres, libraries, shopping, restaurants, Costco, and major amenities. Commuters will appreciate convenient access to Highway 404, GO Transit connections, and public transportation. Whether you're enjoying nearby parks and recreational facilities, entertaining family and friends, or simply relaxing at home, this exceptional property offers an ideal balance of urban convenience and suburban tranquility. An outstanding opportunity to own a newer townhouse in one of Richmond Hill's sought-after communities.

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Closing Costs

Mortgage Amount
$630,400
Land Transfer Taxes$12,235
Legal Fees (Est.)
$
Total cash required for closing$171,335

Total Monthly Obligation

$3,979/mo
Mortgage $3,179
Monthly Loss $3,143
Principal$836
Interest$2,342
Property Tax$289
Condo Fees$311
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$31,104/yr
NOI
$18,388/yr
Net Cash Flow
-$1,646/mo
Cash Margin
-63.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.5/ 100

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

Comparables

Properties near 8 David Eyer Road 1225

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.

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Data last updated within the past 24 hours.