66 Lakeland Crescent, Richmond Hill

$1,498,000
66 Lakeland Crescent

$1,498,000

New
6d
DetachedSidesplit 4

66 Lakeland Crescent, Richmond Hill

Total Monthly Obligation $7,158

Beds
4
Baths
4
Park
6
Sqft
2000-2500
DOM
6d
Score
15
Yield
3.3%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-N14089904
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-96 × 164.94 ft
Listed on site-Oct 17, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$8,886.62 (2026)
Parking-8 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SMART SOLD REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Lifetime Opportunity To Own A Fully Renovated (Over $300K) Home Situated On A Premium 96 X 165 Ft Lot With NO Sidewalk In Prestigious Lake Wilcox, Richmond Hill. Rarely Offered Luxury Home With Exceptional Craftsmanship & $$$ In Upgrades, Featuring New Flooring Throughout, Smooth Ceilings, Pot Lights, New Staircase With Glass Railings, Updated Window Glass Panels, Whole-Home Rewiring, Upgraded Sound System, Fresh Paint & Deck Refinishing, And A New Surveillance System. Main Floor Features A Bright, Functional Layout With A Separate Entrance, Two Skylights And Multiple Large Windows With Updated Glass Panels Flood The Home With Natural Light. The Stunning New Chef's Kitchen Features New Cabinetry, Quartz Countertops, Contemporary Finishes, New Plumbing, A New Water Filtration System, And New Stainless Steel Appliances. The Large Centre Island Overlooks The Private, Maturely Landscaped Backyard, Creating The Perfect Space For Everyday Living And Entertaining. The Spacious Primary Suite Offers A Fully Upgraded 5-Piece Ensuite With Glass Shower And A Custom Walk-In Closet. Three Additional Well-Sized Bedrooms And An Upgraded Shared Bathroom With New Light Fixtures Provide Comfort And Flexibility For The Whole Family. The Split-Level Layout Features A Cozy Family Room With A Fireplace, With Stairs Leading Down To The Professionally Finished Basement, Offering A New Kitchenette/Wet Bar, New Full Bathroom, A Large Recreation Area, And An Additional Separate Room With Potential For Future Rental Income Or Extended Family Use. Ideally Located Just Minutes To Lake Wilcox, Scenic Trails, Parks, Top-Rated Schools, Oak Ridges Community Centre, Golf Courses, And Yonge Street Amenities. A Fantastic Opportunity To Own A Beautifully Renovated Home On An Oversized Lot In One Of Richmond Hill's Most Desirable Neighbourhoods!

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

Closing Costs

Mortgage Amount
$1,198,400
Land Transfer Taxes$26,435
Legal Fees (Est.)
$
Total cash required for closing$327,535

Total Monthly Obligation

$7,158/mo
Mortgage $6,043
Monthly Loss $5,568
Principal$1,590
Interest$4,452
Property Tax$741
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.5/ 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
$49,212/yr
NOI
$30,904/yr
Net Cash Flow
-$3,467/mo
Cash Margin
-84.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.3/ 100

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

Comparables

Properties near 66 Lakeland Crescent

Time

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Data last updated within the past 24 hours.