
307- 73 King William Crescent, Richmond Hill
Richmond Hill
$428,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
13
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 307 located in 73 King William Cres. in the heart of Richmond Hill! This beautifully designed one-bedroom condo delivers it all. Situated in one of the area's most sought-after neighbourhoods, this beautifully maintained suite offers 670 sq. ft. of bright, functional living space with a smart open-concept layout designed for comfort and convenience. Step inside to a welcoming foyer with large closet space, laminate flooring throughout, leading into a spacious kitchen complete with stainless steel appliances, a Caesarstone kitchen countertop, a Carrara marble backsplash & marble vanity countertop, complete with an eat in breakfast bar. The sun-filled living area flows seamlessly to an oversized 85 sq. ft. private balcony with tranquil views- the perfect spot to enjoy your morning coffee or unwind at the end of the day. The generously sized bedroom features a large closet and direct balcony access, creating a peaceful retreat with plenty of natural light. Included with the unit are one underground parking space and one locker for added storage and convenience. Enjoy low maintenance fees and the benefits of living in a well-managed building with excellent amenities (complete exercise room, sauna, 2 party rooms, billiards room and guest suites!), 24-hour Security/Concierge that accept mail and packages. Just steps from Yonge Street, Langstaff GO Station, shopping, restaurants, parks, schools, and everyday essentials, this location truly has it all. An exceptional opportunity for first-time buyers, downsizers, or savvy investors alike.
MississaugaInvestor.ca
307- 73 King William Crescent
Condo Apartment · 1bd/1ba · ~650 sqft
$428,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.57%
Monthly Cash Flow
-$1,409/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-18.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$1,970 |
| Property Tax | −$257 |
| Insurance | −$225 |
| Condo Fee | −$619 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$1,409/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$3,082 |
| Insurance | −$2,700 |
| Condo Fee | −$7,428 |
| Annual NOI | $6,740 |
| Cap Rate | 1.57% |
Cash Required to Close
| Down Payment (20%) | $85,600 |
| Ontario Land Transfer Tax | $5,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $93,635 |
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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