30 Velvet Drive, Whitby
Whitby
$869,900
Cash flow, cap rate & mortgage breakdown
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Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Modern 2-year-Old End-unit Freehold townhouse. Sun filled home w/large windows and open concept layout with 9-Ft ceilings, The Modern Kitchen features quartz countertops, A large centre island with breakfast bar, while The breakfast area offers a Walk-Out to the deck and a spacious backyard perfect for entertaining. Hardwood floor throughout main and 2nd floor. A separate side entrance by builder. No sidewalk, parking up to 3 vehicles in the driveway. The finished basement offers additional living space and future potential, can be a bedroom, a study room, a Rec. room (perfect for a home theatre, gym or playing room) with a full bathroom. Ideally located in one of Whitby's most desirable communities with easy access to highways 401 and 407, parks, and everyday amenities. A Brand-New school opening in September 2026 will be within walking distance. Just minutes to Whitby GO Station, Costco, Walmart, Thermea Spa, Recreation Centres, Gyms, Restaurants, And More.
MississaugaInvestor.ca
30 Velvet Drive
Att/Row/Townhouse · 3bd/4ba · ~1,750 sqft
$869,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.59%
Monthly Cash Flow
-$2,130/mo
Estimated Rent
$3,790/mo
Cash-on-Cash
-13.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,790 |
| Mortgage | −$4,004 |
| Property Tax | −$776 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$725 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$2,130/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,480 |
| Vacancy (5%) | −$2,274 |
| Property Tax | −$9,308 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,699 |
| Annual NOI | $22,499 |
| Cap Rate | 2.59% |
Cash Required to Close
| Down Payment (20%) | $173,980 |
| Ontario Land Transfer Tax | $13,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $190,853 |
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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