1203- 310 Red Maple Road, Richmond Hill
Richmond Hill
$483,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by REAL ONE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
29
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Discover the Prestigious Vineyards Gated Community in Richmond Hill! This stunning home features a south-facing open balcony, a well-maintained functional layout with 2 bedrooms, and a bright, open-concept design filled with natural light. .Residents enjoy exclusive access to top-tier amenities, including: 24-hour guarded gatehouse Party room & meeting facilities Fully equipped gym Indoor pool & outdoor terrace Visitor parking & tennis court. Don't miss this exceptional living experience!
MississaugaInvestor.ca
1203- 310 Red Maple Road
Condo Apartment · 2bd/1ba · ~750 sqft
$483,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.83%
Monthly Cash Flow
-$1,488/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-16.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,223 |
| Property Tax | −$290 |
| Insurance | −$225 |
| Condo Fee | −$792 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,488/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$3,478 |
| Insurance | −$2,700 |
| Condo Fee | −$9,504 |
| Annual NOI | $8,828 |
| Cap Rate | 1.83% |
Cash Required to Close
| Down Payment (20%) | $96,600 |
| Ontario Land Transfer Tax | $6,135 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $105,735 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.