
47 Arten Avenue, Richmond Hill
Richmond Hill
$2,698,888
Cash flow, cap rate & mortgage breakdown
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Listed by GOLDEN TEAM REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
6
Days on Market
33
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Rare Corner/End Unit Luxury Home On A Quiet, Low-Traffic New Street and Facing South with excellent Feng Shui! Custom-Built With A Remarkable Open-Concept Layout, Open-To-Above Entrance, And Elegant High-Ceiling Family Room. Bright And Spacious Throughout With Extra Windows, Hardwood Floors, Ceramic Tiles, Granite Kitchen Countertops, And Large Centre Island. Luxury Corner Unit with Exceptional Design & Premium Finishes! Featuring an impressive 18-ft soaring Living Room with elegant pot lights and a stunning crystal chandelier, creating a bright and grand atmosphere. Enjoy 9-ft ceilings on the main floor, exquisite Italian designer furniture, and crystal chandeliers throughout the entire home, adding timeless elegance to every room. The professionally finished walkout basement with a separate entrance offers incredible flexibility for extended family, guests, or potential rental income. Situated on a rare corner lot, this home provides enhanced privacy, abundant natural light, and outstanding curb appeal. A perfect blend of luxury, functionality, and sophisticated living. Spacious Primary Bedroom Features Sitting Area And Walk-In Closet. Finished Walk-Out Basement Offers Excellent Extra Living Space, Natural Light, And Great Potential For In-Law Suite, Rental Income, Home Office, Or Recreation Area. Premium Corner/End Unit Provides Added Privacy, More Natural Light, And A Larger, More Desirable Feel. Steps To Yonge St, Shops, Banks, Transit, Schools, And All Amenities!
MississaugaInvestor.ca
47 Arten Avenue
Detached · 6bd/6ba · ~4,250 sqft
$2,698,888
Cash-Flow Report · August 1, 2026
Cap Rate
1.35%
Monthly Cash Flow
-$9,396/mo
Estimated Rent
$7,495/mo
Cash-on-Cash
-18.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,495 |
| Mortgage | −$12,423 |
| Property Tax | −$1,619 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,249 |
| Vacancy (5%) | −$375 |
| Cash Flow | -$9,396/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$89,940 |
| Vacancy (5%) | −$4,497 |
| Property Tax | −$19,432 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$26,989 |
| Annual NOI | $36,322 |
| Cap Rate | 1.35% |
Cash Required to Close
| Down Payment (20%) | $539,777.6 |
| Ontario Land Transfer Tax | $53,947 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $596,724.6 |
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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