78 Gathering Lane 10, Richmond Hill

$1,289,990
78 Gathering Lane 10

$1,289,990

New
7d
Att/Row/Townhouse2-Storey

78 Gathering Lane 10, Richmond Hill

Total Monthly Obligation $5,578

Beds
3
Baths
3
Park
1
Sqft
2000-2500
DOM
7d
Score
16
Yield
3.0%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Att/Row/Townhouse
MLS® Number-N14089762
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-21 × 120 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS ADVANTAGE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Rural Richmond Hill
Title-Residential Freehold

No agent assigned

Brand new, move-in ready and backing onto a ravine! Discover this beautifully appointed 2-storey traditional townhome by Sunny Communities in Richmond Hill's sought-after Elgin Mills and Bayview neighbourhood. Offering over 2,000 sq. ft., 3 bedrooms and 3 bathrooms, this home combines a spacious family-friendly layout with thoughtful finishes throughout. An inviting kitchen and breakfast area lead into a generous great room with a coffered ceiling, while the backyard will feature a deck overlooking the ravine-a lovely setting for morning coffee or relaxing evenings outdoors. Upstairs, the primary bedroom offers a walk-in closet and ensuite with a freestanding tub and separate glass shower. Two additional bedrooms, a shared bathroom and convenient second-floor laundry complete the upper level. Enjoy an attached garage and an unfinished basement with room to grow. Included builder incentives feature a stained oak staircase with metal pickets, pot lights, air conditioning, an Ecobee smart thermostat, 200-amp electrical service and an EV charger rough-in. A prime location with the comfort of a brand-new home, ready when you are. Purchase directly from the builder with just a 5% deposit and proceed straight to closing!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,031,992
Land Transfer Taxes$22,275
Legal Fees (Est.)
$
Total cash required for closing$281,773

Total Monthly Obligation

$5,578/mo
Mortgage $5,203
Monthly Loss $4,209
Principal$1,369
Interest$3,834
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.5%16
10-Year IRR
7.7%
Returns Index
9.4/ 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
$39,000/yr
NOI
$30,600/yr
Net Cash Flow
-$2,653/mo
Cash Margin
-81.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.5/ 100

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

Comparables

Properties near 78 Gathering Lane 10

Time

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