
22 Poplar Drive, Richmond Hill
Richmond Hill
$1,768,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 HERITAGE GROUP LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
120
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this charming Residence perfectly situated on a premium 75 ft. by 200 ft. lot that backs directly onto conservation. Located in the highly sought-after Oak Ridges community surrounded by Estate Homes, this property provides both tranquility and prestige. With 2392 sq. ft. of living space including the Basement (as per MPAC) this well maintained Home is ready for your next chapter. Inside, you'll find a bright and spacious Family Room with south facing floor-to-ceiling windows that flood this perfect gathering place with natural sunlight. The Dining Room features elegant French doors leading to a side patio, ideal for entertaining or enjoying quiet evenings. You will feel like you have been transported to a whimsical bed and breakfast in England while you enjoy the breathtaking view. The Kitchen is equally inviting with a gorgeous view of Conservation, a walkout to the Backyard, and a seamless connection to nature right from your breakfast table. Multi-generational families will benefit from the finished basement that offers exceptional versatility, complete with a large Recreation Room, a full Kitchen, a Bedroom, and a Bathroom - perfect for extended family, guests, or working from home. The spacious Recreation Room presents a cozy gas fireplace, perfect for curling up with your favourite book. Outside, the property truly shines. The massive driveway accommodates up to 6 vehicles, while the backyard oasis provides the ultimate retreat - this property with 1/3 of an acre offers unparalleled privacy. Whether you're relaxing on the patio, entertaining family and friends, or simply soaking in the peaceful surroundings, this Oak Ridges Home offers a rare blend of comfort, charm, and natural beauty.
MississaugaInvestor.ca
22 Poplar Drive
Detached · 4bd/3ba · ~1,300 sqft
$1,768,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.03%
Monthly Cash Flow
-$6,622/mo
Estimated Rent
$4,500/mo
Cash-on-Cash
-20.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,500 |
| Mortgage | −$8,138 |
| Property Tax | −$1,061 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,473 |
| Vacancy (5%) | −$225 |
| Cash Flow | -$6,622/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,000 |
| Vacancy (5%) | −$2,700 |
| Property Tax | −$12,730 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$17,680 |
| Annual NOI | $18,190 |
| Cap Rate | 1.03% |
Cash Required to Close
| Down Payment (20%) | $353,600 |
| Ontario Land Transfer Tax | $31,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $388,435 |
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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