350 Red Maple Road 1214, Richmond Hill

$447,000
350 Red Maple Road 1214

$447,000

New
4d
Condo ApartmentApartment

350 Red Maple Road 1214, Richmond Hill

Total Monthly Obligation $2,777

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
4d
Score
19
Yield
6.1%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-N14095214
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,879 (2025)
Maintenance-$617.08/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Langstaff
Title-Residential Condo & Other

No agent assigned

Double-Sized Balcony & Outstanding Amenities in Richmond Hill! Enjoy comfortable condo living in this 1-bedroom, 1-bathroom suite, featuring a double-sized balcony with plenty of room to relax, enjoy your morning coffee or entertain outdoors. Residents have access to an exceptional range of amenities, including an indoor swimming pool, sauna, two-storey fitness centre, tennis court, party room, patio BBQ area and on-site putting green. A nearby park and basketball courts offer even more opportunities for outdoor recreation. Conveniently located near Yonge Street, Hillcrest Mall, restaurants, shopping and public transit, with easy access to Highways 7 and 407. A standout combination of generous outdoor space, extensive amenities and a convenient Richmond Hill location.

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

Closing Costs

Mortgage Amount
$357,600
Land Transfer Taxes$5,415
Legal Fees (Est.)
$
Total cash required for closing$96,315

Total Monthly Obligation

$2,777/mo
Mortgage $1,803
Monthly Loss $2,302
Principal$474
Interest$1,329
Property Tax$157
Condo Fees$617
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,396/yr
NOI
$12,972/yr
Net Cash Flow
-$722/mo
Cash Margin
-31.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.1/ 100

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

Comparables

Properties near 350 Red Maple Road 1214

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.