
82 Lund Street, Richmond Hill
Richmond Hill
$999,000
Cash flow, cap rate & mortgage breakdown
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Listed by XMAX REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this charming and well-maintained family home, ideally located on a quiet, desirable street in North Richvale! Backing onto a park, this property offers exceptional privacy with no rear neighbours. Move-in ready, the home features a bright and inviting living and dining area, complete with crown mouldings and pot lights. The kitchen includes granite countertops, stainless steel appliances, and cabinetry. You'll also find many recent upgrades since arrival, from flooring to stairs. The formal dining room offers beautiful views of mature trees, while the living room provides a walk-out to the back deck and a wooden gazebo, perfect for relaxing in the fully fenced, spacious, and private backyard. A convenient main-floor powder room adds to the home's comfort. On the second floor, you'll find three generously sized bedrooms with ample storage, along with a full bathroom. The finished basement offers additional living space, featuring laminate floors and a second bathroom, ideal for a home office, recreation room, or guest suite. Additional highlights include an attached garage and extra parking on the private driveway. The location is unbeatable, nestled on a peaceful street within walking distance of parks, trails, and schools. Nearby amenities include the Richmond Hill Hospital, the public library, community swimming pool, Hillcrest Mall, and a wide range of shops and restaurants. Don't miss this opportunity to own a beautiful home in one of Richmond Hill's most sought-after neighbourhoods!
MississaugaInvestor.ca
82 Lund Street
Detached · 3bd/3ba · ~1,300 sqft
$999,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.83%
Monthly Cash Flow
-$3,073/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-16.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$4,598 |
| Property Tax | −$599 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$3,073/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$7,193 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,990 |
| Annual NOI | $18,307 |
| Cap Rate | 1.83% |
Cash Required to Close
| Down Payment (20%) | $199,800 |
| Ontario Land Transfer Tax | $16,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,255 |
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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