18-20 Reuben Street, Aurora
Aurora
$1,275,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
5
Bathrooms
3
Days on Market
43
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
Welcome to 18-20 Reuben Street, Aurora a charming century home dating back to 1916, rich in character and timeless craftsmanship. Located in the heart of Aurora, this unique property sits on a generous 77' x 130' lot and offers excellent potential for severance or future development (buyer to conduct their own due diligence).The home is currently configured as two self-contained apartments, presenting a fantastic opportunity for rental income, multi-generational living, or conversion back into a spacious single-family home. Both units are tenanted on a month-to-month basis, providing added flexibility for investors and end users alike.Recent improvements include a renovated main-floor kitchen, updated windows, a newer boiler system, and a recently installed water heater, delivering added comfort and efficiency. Ideally situated just steps from parks, schools, shops, restaurants, public transit, and Aurora's vibrant downtown core, this property combines historic charm with exceptional future potential. Whether you're an investor, developer, or someone looking to restore a classic home, 18-20 Reuben Street presents a rare and exciting opportunity.
MississaugaInvestor.ca
18-20 Reuben Street
Triplex · 5bd/3ba · ~4,250 sqft
$1,275,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.93%
Monthly Cash Flow
-$1,695/mo
Estimated Rent
$6,600/mo
Cash-on-Cash
-7.26%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,600 |
| Mortgage | −$5,869 |
| Property Tax | −$808 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,063 |
| Vacancy (5%) | −$330 |
| Cash Flow | -$1,695/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$79,200 |
| Vacancy (5%) | −$3,960 |
| Property Tax | −$9,690 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,750 |
| Annual NOI | $50,100 |
| Cap Rate | 3.93% |
Cash Required to Close
| Down Payment (20%) | $255,000 |
| Ontario Land Transfer Tax | $21,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $279,975 |
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
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