9 Backhouse Drive, Richmond Hill

$2,099,000
9 Backhouse Drive

$2,099,000

New
3d
Detached2-Storey

9 Backhouse Drive, Richmond Hill

Total Monthly Obligation $9,551

Beds
5
Baths
5
Park
2
Sqft
3000-3500
DOM
3d
Score
14
Yield
3.0%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-N14098372
Beds-5
Bathrooms-5
Size-3000-3500 sqft
Lot Size-13.7 × 27.05 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,505.09 (2025)
Parking-4 - Attached
Basement-Walk-Up, Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90 DAYS
Neighbourhood-Rural Richmond Hill
Title-Residential Freehold

No agent assigned

MOTIVATE SELLERS!!! 9 Backhouse with fully finished walk-up basement with separate entrance is True masterpiece, step inside to discover 3,225 Sq Ft soaring 10 foot High smooth ceiling on main floor and 9 foot high ceiling on the second floor, nestled in the prestigious Oakridge Meadows community of Richmond Hill, Crafted by Royal Pine Homes, this exquisite property is ideally located just minutes from Leslie Street and Stouffville Road, providing seamless access to the Gormley GO Station, Highway 404, and so much more.It features premium hardwood flooring throughout the main level, custom iron railings and expansive windows that fill the home with natural light. Modern light fixtures and pot lights add a contemporary touch throughout. The gourmet family kitchen is perfect for gatherings, featuring a grand center island, quartz countertops, high-end stainless steel appliances, and custom cabinetry. Upstairs, you'll find four spacious bedrooms, including a luxurious primary suite with his-and-her walk-in closets and a spa-like 5-piece ensuite. A second-floor laundry room provides added convenience. The fully finished walk-up basement with separate entrance expands your living space with a large recreational room, ample storage, a modern 3-piece bathroom, and a cozy additional room perfect for a variety of uses. Exceptional Location Within Highly Rated School Catchments, Including Alexander Mackenzie High School, St. Paul Catholic Elementary School , Shopping, Restaurant, Costco, Home Depot, Community Centre, Library, Nature Trails, Richmond Green Park & Golf Courses.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,679,200
Land Transfer Taxes$38,950
Legal Fees (Est.)
$
Total cash required for closing$460,250

Total Monthly Obligation

$9,551/mo
Mortgage $8,467
Monthly Loss $7,323
Principal$2,228
Interest$6,239
Property Tax$709
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%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
14/ 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
$62,916/yr
NOI
$43,619/yr
Net Cash Flow
-$4,832/mo
Cash Margin
-92.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.0/ 100

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

Comparables

Properties near 9 Backhouse Drive

Time

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