
23 Menotti Drive, Richmond Hill
Richmond Hill
$2,788,800
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
5
Days on Market
23
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 23 Menotti Drive, Richmond Hill. Experience luxury living in one of Richmond Hill's most prestigious neighbourhoods. This exceptional brand-new; custom-built residence offers impeccable craftsmanship, modern design, and the peace of mind of a 7-Year Tarion Warranty. Featuring 4 spacious bedrooms, 5 luxurious bathrooms. 10-foot ceilings on the math floor, and elegant hardwood flooring throughout, every detail has been thoughtfully designed to deliver both comfort and sophistication.The heart of the home is the spectacular chef-inspired gourmet kitchen, showcasing over S80,000 in premium upgrades, including upscale luxury appliances, custom cabinetry, stone countertops, and an oversized island perfect for entertaining. The bright walk-out basement offers oversized windows and has been professionally roughed-in for a future kitchen or bar, creating the ideal opportunity for an in-law suite, entertaining space, or additional living area Additional luxury features include: Coffered ceilings and premium architectural details Stone countertops throughout Oversized windows providing abundant natural light Premium finishes and exceptional craftsmanship Built by an award-winning luxury builder renowned for meticulous attention to detail and superior quality construction Surrounded by executive luxury homes and located just minutes from every major amenity, this home is ideally situated near top-ranked schools, including Country Day School, Villanova College, and several other prestigious private schools, while offering convenient access to parks, shopping, restaurants, transit, and major highways. This is a rare opportunity to own a truly exceptional luxury home where timeless craftsmanship meets modern elegance. A must-see property that is sore to impress even the most discerning buyer.
MississaugaInvestor.ca
23 Menotti Drive
Detached · 4bd/5ba · ~4,250 sqft
$2,788,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.06%
Monthly Cash Flow
-$10,370/mo
Estimated Rent
$7,040/mo
Cash-on-Cash
-20.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,040 |
| Mortgage | −$12,836 |
| Property Tax | −$1,673 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,324 |
| Vacancy (5%) | −$352 |
| Cash Flow | -$10,370/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$84,480 |
| Vacancy (5%) | −$4,224 |
| Property Tax | −$20,079 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$27,888 |
| Annual NOI | $29,589 |
| Cap Rate | 1.06% |
Cash Required to Close
| Down Payment (20%) | $557,760 |
| Ontario Land Transfer Tax | $56,195 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $616,955 |
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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