12 Hostel Lane, Richmond Hill

$1,188,000
12 Hostel Lane

$1,188,000

New
3d
Att/Row/Townhouse3-Storey

12 Hostel Lane, Richmond Hill

Total Monthly Obligation $5,684

Beds
3
Baths
4
Park
1
Sqft
2000-2500
DOM
3d
Score
17
Yield
4.0%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Att/Row/Townhouse
MLS® Number-N14098708
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-27.4 × 63.92 ft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$6,198.4 (2025)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELINK GPS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Unknown
Foundation-Brick
Sewer-Sewer
Possession-TBA
Neighbourhood-North Richvale
Title-Residential Freehold

No agent assigned

Welcome to this modern luxury 3-storey townhouse in the heart of Richmond Hill! Located on a quiet, family-friendly street in the highly desirable North Richvale community. Offering approximately 2,000-2,500 sq.ft. of bright, functional living space with 3 bedrooms and 4 bathrooms. Enjoy an open-concept layout with soaring 11-ft ceilings on the main floor, elegant living and dining areas, and a modern kitchen featuring granite countertops. Upgraded throughout with hardwood flooring, pot lights and quality finishes. Washer, dryer and existing appliances included. Conveniently located near top-rated schools, parks, shopping, restaurants, public transit and easy access to major highways. Move-in ready!

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

Closing Costs

Mortgage Amount
$950,400
Land Transfer Taxes$20,235
Legal Fees (Est.)
$
Total cash required for closing$259,335

Total Monthly Obligation

$5,684/mo
Mortgage $4,792
Monthly Loss $4,423
Principal$1,261
Interest$3,531
Property Tax$517
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%23
10-Year IRR
8.9%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$48,084/yr
NOI
$32,577/yr
Net Cash Flow
-$2,077/mo
Cash Margin
-51.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.8/ 100

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

Comparables

Properties near 12 Hostel Lane

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.