
404- 30 Harding Boulevard, Richmond Hill
Richmond Hill
$749,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Expansive, sun-filled corner residence in the prestigious Dynasty building, offering over 1,445 sq ft of refined living space with breathtaking southeast exposures. Floor-to-ceiling windows flood the home with natural light, enhancing the elegant open-concept layout designed for both everyday comfort and sophisticated entertaining. A grand solarium seamlessly extends the living area-ideal as a private office, reading lounge, or stylish third bedroom. Extensively renovated with approximately $85,000 in upgrades, the gourmet kitchen showcases granite countertops, premium built-in KitchenAid refrigerator, Samsung stove, and custom finishes that blend form and function. The spacious living and dining areas flow effortlessly, creating an inviting atmosphere for hosting. Retreat to the luxurious primary suite featuring a walk-in closet with custom organizers and a spa-inspired ensuite complete with marble finishes, granite counters, and whirlpool tub. A second fully renovated bathroom with porcelain tile adds to the home's elevated appeal. Freshly painted and move-in ready, this residence offers ensuite laundry, generous storage, and two owned underground parking spaces. Residents enjoy exceptional amenities including indoor pool, gym, sauna, squash court, party room, and 24-hour security, all in a prime location close to parks, transit, and everyday conveniences.
MississaugaInvestor.ca
404- 30 Harding Boulevard
Condo Apartment · 2bd/2ba · ~1,500 sqft
$749,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.65%
Monthly Cash Flow
-$3,045/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-22.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$3,448 |
| Property Tax | −$449 |
| Insurance | −$225 |
| Condo Fee | −$1,250 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$3,045/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$5,393 |
| Insurance | −$2,700 |
| Condo Fee | −$15,000 |
| Annual NOI | $4,837 |
| Cap Rate | 0.65% |
Cash Required to Close
| Down Payment (20%) | $149,800 |
| Ontario Land Transfer Tax | $11,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,255 |
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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