209- 75 Norman Bethune Avenue, Richmond Hill
Richmond Hill
$629,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by IREPS TORONTO REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
29
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Bright and spacious 2+1 bedrooms Condo Unit at Four Seasons Garden with Sun-Filled Southeast View. This exceptional split-bedroom layout offers both privacy and functionality. A modern kitchen features granite countertops, breakfast bar and Stainless-Steel appliances. Master retreat with Ensuite & Walk-In closet. Large 115 Sq. Ft balcony. Den can be 3rd bedroom! The building offers premium amenities including an indoor pool, gym, sauna, party room, 24-hour concierge and lots of visitor parking. Conveniently located just steps to Viva Transit, restaurants, and all amenities, with easy access to Highways 404, 407, and Highway 7. Located in excellent school districts including Doncrest Elementary and Thornlea Secondary school. Includes 1 parking spots and 1 locker.
MississaugaInvestor.ca
209- 75 Norman Bethune Avenue
Condo Apartment · 3bd/2ba · ~950 sqft
$629,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.97%
Monthly Cash Flow
-$1,862/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-16.21%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,895 |
| Property Tax | −$377 |
| Insurance | −$225 |
| Condo Fee | −$930 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,862/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,529 |
| Insurance | −$2,700 |
| Condo Fee | −$11,160 |
| Annual NOI | $12,391 |
| Cap Rate | 1.97% |
Cash Required to Close
| Down Payment (20%) | $125,800 |
| Ontario Land Transfer Tax | $9,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,855 |
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.