9 Chalmers Road 101, Richmond Hill

$698,000
9 Chalmers Road 101

$698,000

New
2d
Condo ApartmentApartment

9 Chalmers Road 101, Richmond Hill

Total Monthly Obligation $4,714

Beds
3
Baths
2
Park
2
Sqft
1600-1799
DOM
2d
Score
20
Yield
7.6%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-N14103576
Beds-3
Bathrooms-2
Size-1600-1799 sqft
Lot Size-1621 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,984 (2025)
Maintenance-$1,450.2/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-LANDPOWER REAL ESTATE LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate/TBA
Neighbourhood-Doncrest
Title-Residential Condo & Other

No agent assigned

Welcome To This Rare And Exceptionally Spacious 3-Bedroom Condo In The Heart Of Prime Richmond Hill Location. Offering 1,621 Square Feet Of Beautifully Renovated Living Space, This Unit Has Been Fully Updated From Top To Bottom With A Clean, Modern Design And 9 Ft Flat Ceilings That Enhance The Open, Airy Feel. Large Patio Floor-To-Ceiling Windows Throughout The Home Flood The Space With Abundant Natural Light, Making It Bright And Inviting All Day Long. The Family-Sized Kitchen Is Perfect For Everyday Living And Entertaining, Complemented By Two Full Stylish Bathrooms For Added Comfort And Convenience. One Of The Standout Features Is The Private Backyard And Patio, A Rare Find In Condo Living That Ideal For Relaxing, Outdoor Dining Or Enjoying Added Green Space. The Unit Also Includes Two Underground Parking Spots And A Huge Locker With Plenty Of Storage Space. Located Just Steps From Plazas Filled With Restaurants From Cozy Cafes And Causal Eateries To Exceptional Restaurants, Close To Medical Building, And Soon To Be Across From The Future T And T Supermarket. Everything You Need Is Right At Your Doorstep. With Quick Access To Highway 7, Highway 404, VIVA, GO Transit, And The Richmond Hill Centre Terminal, This Is An Unbeatable Location For Commuters And Families Alike. A Truly Unique Opportunity Offering Space, Style, And Convenience All In One.

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

Closing Costs

Mortgage Amount
$558,400
Land Transfer Taxes$10,435
Legal Fees (Est.)
$
Total cash required for closing$151,535

Total Monthly Obligation

$4,714/mo
Mortgage $2,816
Monthly Loss $3,974
Principal$741
Interest$2,075
Property Tax$249
Condo Fees$1,450
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
11.2%44
10-Year IRR
11.7%
Returns Index
22.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$52,716/yr
NOI
$24,658/yr
Net Cash Flow
-$761/mo
Cash Margin
-17.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
20.3/ 100

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

Comparables

Properties near 9 Chalmers Road 101

Time

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Data last updated within the past 24 hours.