
249 Boake Trail, Richmond Hill
Richmond Hill
$2,980,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
6
Days on Market
141
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$6,050/mo
Estimated from market price-to-rent ratios
Remarks
"We Love Bayview Hill" This meticulously upgraded European-Italian style estate built by Cachet Homes is nestled in prestigious Bayview Hill, offering over 5,000 sq ft of luxurious total living space. Featuring 4+2 bedrooms and 6 washrooms, all four upper bedrooms enjoy their own private ensuites. Renovated with refined modern design and over $500,000 in upgrades - including $150,000 invested in professional landscaping - the brand-new gourmet kitchen is equipped with quartz countertops, premium Bosch, Fotile, and Italian Fulgor appliances, plus a built-in steam oven, gas stove, and hot water dispenser. The primary bedroom boasts an invisible door leading to a generous walk-in closet for seamless sophistication. Every bathroom showcases quartz countertops, marble flooring, and LED mirrors, while new hardwood floors run throughout the main and second levels. The family room and finished basement feature built-in fireplaces, a stunning marble TV feature wall, and automated vertical sheers. Smart home features include a Ring doorbell, smart thermostat, automated window coverings, and integrated LED lighting. Additional upgrades include a 2022 high-efficiency furnace, Navien tankless water heater, and a redesigned laundry room with custom built-in storage. Professional landscaping enhances the garden, driveway, and covered deck. A school bus stop is located directly in front of the home, and the property is within walking distance to Bayview Secondary School, and just minutes to elementary schools, shopping, and parks.
MississaugaInvestor.ca
249 Boake Trail
Detached · 6bd/6ba · ~4,250 sqft
$2,980,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.5%
Monthly Cash Flow
-$12,466/mo
Estimated Rent
$6,050/mo
Cash-on-Cash
-22.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,050 |
| Mortgage | −$13,717 |
| Property Tax | −$1,788 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,483 |
| Vacancy (5%) | −$303 |
| Cash Flow | -$12,466/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$72,600 |
| Vacancy (5%) | −$3,630 |
| Property Tax | −$21,456 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$29,800 |
| Annual NOI | $15,014 |
| Cap Rate | 0.5% |
Cash Required to Close
| Down Payment (20%) | $596,000 |
| Ontario Land Transfer Tax | $60,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $659,975 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.