135 Spruce Avenue, Richmond Hill
Richmond Hill
$2,056,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
5
Days on Market
38
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,100/mo
Estimated from market price-to-rent ratios
Remarks
YONGE & 16th *** TOP 5 reasons to BUY *** Premium High Demand "SOUTH RICHVALE" neighbourhood surrounded by EXPANSIVE Multi-Million $$$ Mansions *** "CORNER" LOT 77 'FEET WIDE *** 3000 + SQ FEET Above Ground *** 4 Bedrooms plus 3 FULL Bathrooms on 2nd floor *** Living/ Dining/ Family or OFFICE on main floor *** 2 WALKOUT Basement units each with their own private Living/ Kitchen/ Bedroom & Bathroom *** TOTAL 6 Bedrooms/ 7 Bathrooms
MississaugaInvestor.ca
135 Spruce Avenue
Detached · 6bd/5ba · ~3,250 sqft
$2,056,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.98%
Monthly Cash Flow
-$7,796/mo
Estimated Rent
$5,100/mo
Cash-on-Cash
-20.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,100 |
| Mortgage | −$9,468 |
| Property Tax | −$1,234 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,714 |
| Vacancy (5%) | −$255 |
| Cash Flow | -$7,796/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,200 |
| Vacancy (5%) | −$3,060 |
| Property Tax | −$14,810 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$20,569 |
| Annual NOI | $20,061 |
| Cap Rate | 0.98% |
Cash Required to Close
| Down Payment (20%) | $411,380 |
| Ontario Land Transfer Tax | $37,898 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $452,278 |
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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