9 Migonette Street, Richmond Hill

$2,300,000
9 Migonette Street

$2,300,000

New
2d
Detached2-Storey

9 Migonette Street, Richmond Hill

Total Monthly Obligation $10,577

Beds
4
Baths
5
Park
6
Sqft
3500-5000
DOM
2d
Score
15
Yield
3.4%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-N14103514
Beds-4
Bathrooms-5
Size-3500-5000 sqft
Lot Size-121.65 × 151.57 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,089.92 (2026)
Parking-9 - Attached
Basement-Unfinished, Walk-Up, Partially Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Curb Appeal & 121 feet of Frontage! Pride of Ownership is evident throughout this impressive nearly 4,100 sq. ft. home. Situated in coveted Fontainbleu Community of Oak Ridges/Richmond Hill. This oversized family home offers generous principal rooms, hardwood floors, 9-foot ceilings and an open-concept main floor designed for comfortable everyday living and entertaining. Expansive Chef's Kitchen features professional-grade appliances, an oversized island, pantry and servery. Spacious bedrooms with ensuites or semi-ensuites. Walk-up basement with above-grade windows, 3-car garage, oversized driveway with no sidewalk. Mature, low-maintenance landscaping, irrigation system, privacy trees and wrought iron fencing create an inviting yard that is easy to maintain.

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

Closing Costs

Mortgage Amount
$1,840,000
Land Transfer Taxes$43,975
Legal Fees (Est.)
$
Total cash required for closing$505,475

Total Monthly Obligation

$10,577/mo
Mortgage $9,278
Monthly Loss $8,135
Principal$2,441
Interest$6,836
Property Tax$924
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%16
10-Year IRR
7.9%
Returns Index
9.5/ 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
$78,240/yr
NOI
$54,826/yr
Net Cash Flow
-$4,709/mo
Cash Margin
-72.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.9/ 100

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

Comparables

Properties near 9 Migonette Street

Time

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