
1011- 33 Weldrick Road, Richmond Hill
Richmond Hill
$659,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
60
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to end unit 1011 at 33 Weldrick Rd E - a bright and spacious 2 bedroom + solarium suite offering approximately 1,510 sq. ft. of comfortable, roomy living. This light-filled, functional layout features breathtaking, unobstructed panoramic views creating a peaceful backdrop to everyday life. Thoughtfully designed throughout, the suite includes bright & open living and dining rooms, an eat-in kitchen with updated granite countertops, marble flooring and California shutters. The generous primary features a large walk in closet and 3 piece ensuite. 2 parking spots plus one generously sized locker. All-inclusive maintenance fees cover heat, hydro, water, A/C, cable TV, internet, building insurance, and parking, providing truly worry-free living. Life here also includes an impressive collection of resort-style amenities: unwind in the indoor pool, hot tub, or sauna; stay active in the gym or on the tennis court; host friends in the party or BBQ areas; or relax in the library and billiards rooms. Guest suites, 24/7 security cameras, and an on-site superintendent provide added peace of mind. Perfectly located with a bus stop right at the entrance and just steps to Yonge Street, Mall, Specialty Supermarket, parks, shops, restaurants & more, this home offers an ideal balance of comfort, convenience and lifestyle. Move right in and enjoy! A fantastic opportunity to own a beautifully maintained condo in one of Richmond Hill's most desirable communities.
MississaugaInvestor.ca
1011- 33 Weldrick Road
Condo Apartment · 3bd/2ba · ~1,500 sqft
$659,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.58%
Monthly Cash Flow
-$2,716/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-22.56%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$3,033 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$1,628 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$2,716/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,745 |
| Insurance | −$2,700 |
| Condo Fee | −$19,536 |
| Annual NOI | $3,799 |
| Cap Rate | 0.58% |
Cash Required to Close
| Down Payment (20%) | $131,800 |
| Ontario Land Transfer Tax | $9,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,455 |
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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