212 Olde Bayview Avenue, Richmond Hill

$1,429,999
212 Olde Bayview Avenue

$1,429,999

New
2d
Detached2-Storey

212 Olde Bayview Avenue, Richmond Hill

Total Monthly Obligation $6,723

Beds
4
Baths
3
Park
8
Sqft
2000-2500
DOM
2d
Score
15
Yield
3.2%
Cash on Cash
-9.6%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-N14104394
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50 × 148.0315 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,957 (2026)
Parking-10 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-Oak Ridges Lake Wilcox
Title-Residential Freehold

No agent assigned

Welcome to 212 Olde Bayview, a meticulously maintained, original-owner home in Richmond Hill's desirable Lake Wilcox area! Thoughtfully upgraded and filled with natural light, this exceptional 4-bedroom home blends timeless craftsmanship with modern comfort. At its heart is a stunning custom kitchen, completely renovated with a fully permitted open-concept design, additional windows, premium Wolf stove, Sub-Zero refrigerator, touch-activated faucets and a charming century-old barn door. Beautiful hardwood floors, pot lights and custom crown moulding elevate the main level. Relax in the inviting family room with gas fireplace or entertain with ease as the kitchen flows to a private backyard oasis, framed by mature cedar hedges and featuring updated stone patios and steps. Upstairs, four spacious, sun-filled bedrooms offer flexibility for growing families, guests or a home office. The generous primary retreat features a 4-piece ensuite with a jetted soaker tub. Additional highlights include an owned hardwired security system, central vacuum with kitchen sweep inlets, a convenient laundry room with its own separate exterior entrance and direct basement access, offering excellent potential for a future basement suite, plus a second staircase to the basement, ample storage, and countless other upgrades (See feature sheet) Enjoy a large two-car garage with upgraded electrical infrastructure, an expansive 8 car driveway, owned hot water tank and exterior natural gas BBQ connection. Lovingly cared for with quality improvements throughout, this remarkable property offers comfort, character and an incredible lifestyle just moments from Lake Wilcox, parks, trails and outdoor recreation. A truly special place to call home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,143,999
Land Transfer Taxes$25,075
Legal Fees (Est.)
$
Total cash required for closing$312,575

Total Monthly Obligation

$6,723/mo
Mortgage $5,768
Monthly Loss $5,205
Principal$1,518
Interest$4,250
Property Tax$580
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%13
10-Year IRR
7.1%
Returns Index
7.6/ 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
$45,936/yr
NOI
$29,885/yr
Net Cash Flow
-$3,278/mo
Cash Margin
-85.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.8/ 100

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

Comparables

Properties near 212 Olde Bayview Avenue

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.

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Data last updated within the past 24 hours.