
A101- 67 Saigon Drive, Richmond Hill
Richmond Hill
$549,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
114
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Experience exceptional value with this brand new, never lived-in end unit 2-bedroom, 2-bath stacked townhouse in the highly sought after Hill on Bayview community in Richmond Hill. Offering added privacy and enhanced natural light, this premium corner suite showcases impressive 10 ft ceilings and a thoughtfully designed, highly functional layout. The open concept main level features a spacious living and dining area seamlessly connected to a sleek contemporary kitchen with high-end built-in KitchenAid/Whirlpool appliances, quartz countertops, and modern cabinetry. The intelligently designed floor plan offers defined living spaces while maintaining excellent flow for everyday living and entertaining. Walk out to your oversized terrace/patio with gas BBQ hookup, making it perfect for outdoor dining and relaxation. The end unit positioning allows for better exposure and a brighter interior throughout. Both bedrooms are well-proportioned and complemented by two stylish, modern bathrooms. Enjoy the convenience of main floor laundry and a practical layout and efficient use of space. Ideally located just minutes to Hwy 404, Richmond Hill Green Park, shopping, restaurants, and everyday amenities. ***Includes underground parking and locker.*** A fantastic opportunity for first-time buyers, downsizers, or investors seeking turnkey luxury with added privacy and natural light.
MississaugaInvestor.ca
A101- 67 Saigon Drive
Condo Townhouse · 2bd/2ba · ~850 sqft
$549,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.77%
Monthly Cash Flow
-$1,262/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-12.57%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,531 |
| Property Tax | −$330 |
| Insurance | −$225 |
| Condo Fee | −$313 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,262/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$3,959 |
| Insurance | −$2,700 |
| Condo Fee | −$3,756 |
| Annual NOI | $15,235 |
| Cap Rate | 2.77% |
Cash Required to Close
| Down Payment (20%) | $109,980 |
| Ontario Land Transfer Tax | $7,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,453 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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