
138 Centre Street, Vaughan
Vaughan
$6,999,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
9
Bathrooms
10
Days on Market
44
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Architectural Splendour Beyond Compare! A rare opportunity to own this breathtaking modern estate, masterfully crafted with Indiana natural limestone and red brick, set behind iron gates on private manicured grounds. This magnificent residence exudes contemporary elegance and timeless luxury at every turn - an architectural triumph designed to impress the most discerning buyer. Boasting over 8,500 sq.ft. (per MPAC) plus a 4,000 sq.ft. finished lower level, this custom-built masterpiece offers soaring 10-ft ceilings on all 3 levels and a 30-ft cathedral central hall that makes an unforgettable statement of grandeur. With 6+3 bedrooms, 10 bathrooms, a main floor in-law suite, and a 5-car garage with circular drive, every inch has been crafted for comfort, sophistication, and functionality. Indulge in Heated floors throughout the kitchen + breakfast area, master ensuite, and entire lower level, LED designer lighting, and hickory hardwood floors accented with solid brass hardware. This residence blends architectural mastery with refined luxury - a truly one-of-a-kind offering that defines modern estate living at its absolute finest. Pictures virtually staged
MississaugaInvestor.ca
138 Centre Street
Detached · 9bd/10ba · ~5,000 sqft
$6,999,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.51%
Monthly Cash Flow
-$29,231/mo
Estimated Rent
$14,000/mo
Cash-on-Cash
-22.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$14,000 |
| Mortgage | −$32,215 |
| Property Tax | −$4,258 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$5,833 |
| Vacancy (5%) | −$700 |
| Cash Flow | -$29,231/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$168,000 |
| Vacancy (5%) | −$8,400 |
| Property Tax | −$51,093 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$69,990 |
| Annual NOI | $35,817 |
| Cap Rate | 0.51% |
Cash Required to Close
| Down Payment (20%) | $1,399,800 |
| Ontario Land Transfer Tax | $161,450 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $1,564,250 |
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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