23 Denham Drive, Richmond Hill
Richmond Hill
$4,888,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
164
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$7,800/mo
Estimated from market price-to-rent ratios
Remarks
Location! Location! Location!!Sought after Prestigious, Picturesque and Upscale area of South Richvale in Richmond Hill, known for its exquisite and Luxurious Multi Million dollar Estate Homes. One of the most sought after areas in Greater Toronto. Builders, Investors, End Users, renovate to your taste or build your Dream Mansion on this South facing .56 Acre fabulous lot. Tranquility abounds here, with breathtaking rear yard views.Bright and charming brick bungalow now adorns the property.This beautiful property is located close to Yonge Street, Shops, Dining and Theatres. It has quick access to Downtown Toronto. Minutes to H/W #7, 407, 404, Langstaff Go Station, Go Transit and Viva Transit.It is close to Top Rated Schools, Private Schools and more. Nothing to wish for here! you have it all in this Fabulous Location!
MississaugaInvestor.ca
23 Denham Drive
Detached · 4bd/2ba · ~1,750 sqft
$4,888,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.04%
Monthly Cash Flow
-$22,320/mo
Estimated Rent
$7,800/mo
Cash-on-Cash
-24.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,800 |
| Mortgage | −$22,499 |
| Property Tax | −$2,933 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$4,073 |
| Vacancy (5%) | −$390 |
| Cash Flow | -$22,320/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$93,600 |
| Vacancy (5%) | −$4,680 |
| Property Tax | −$35,194 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$48,880 |
| Annual NOI | $2,146 |
| Cap Rate | 0.04% |
Cash Required to Close
| Down Payment (20%) | $977,600 |
| Ontario Land Transfer Tax | $108,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $1,089,275 |
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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