
378 Lauderdale Drive, Vaughan
Vaughan
$1,550,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
43
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 378 Lauderdale Dr, offering a highly desirable family layout with 4 bedrooms and 3 full bathrooms on the second floor! Fully detached with 2-car garage and 6-car parking; 9 ft ceilings on main; 3 full baths on 2nd floor; South side spacious backyard - perfect family home on 2 floors (NOT a 3-storey or NOT a townhome)!!! This beautifully maintained home sits on a premium no-sidewalk lot in prestigious Patterson, featuring parking for 6 vehicles and a sun-filled south-facing backyard. A grand double-door entry and sunken foyer welcome you into a thoughtfully designed main level with 9 ft ceilings. The kitchen is a standout, showcasing granite countertops, a breakfast bar, and stainless steel appliances, seamlessly connected to a bright breakfast area, family room, and formal dining space-ideal for both everyday living and entertaining. The family room features smooth ceilings, a gas fireplace, large south-facing windows, and overlooking the kitchen area, creating a warm and open-concept feel. Main-floor laundry adds everyday convenience. The finished basement provides flexible living space with a large recreation area, an additional room, and a 3-piece bath. A newly installed custom blind at the backyard sliding door, along with newer refrigerator, stove/oven, and washer, add further value and comfort. Enjoy low-maintenance outdoor living with artificial turf, a stamped concrete patio, and a garden shed. Located on a quiet, family-friendly street close to top-rated schools, parks, shopping, Maple and Rutherford GO stations, and public transit, this is a rare opportunity to own a spacious, functional home in one of Patterson's most sought-after communities.
MississaugaInvestor.ca
378 Lauderdale Drive
Detached · 5bd/5ba · ~2,250 sqft
$1,550,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.44%
Monthly Cash Flow
-$5,272/mo
Estimated Rent
$4,550/mo
Cash-on-Cash
-18.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,550 |
| Mortgage | −$7,134 |
| Property Tax | −$943 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,292 |
| Vacancy (5%) | −$228 |
| Cash Flow | -$5,272/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,600 |
| Vacancy (5%) | −$2,730 |
| Property Tax | −$11,315 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,500 |
| Annual NOI | $22,355 |
| Cap Rate | 1.44% |
Cash Required to Close
| Down Payment (20%) | $310,000 |
| Ontario Land Transfer Tax | $27,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $340,475 |
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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