
93 Downing Boulevard, Vaughan
Vaughan
$1,960,000
Cash flow, cap rate & mortgage breakdown
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Listed by HARVEY KALLES REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
17
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
Welcome to this beautifully maintained and recently renovated 4-bedroom, 4-bathroom family home, ideally situated on a bright, south-facing lot. Thoughtfully updated throughout, this home features newer hardwood flooring, a new furnace and central air conditioning unit, as well as a professionally installed alarm and camera security system for added peace of mind. The custom eat-in kitchen boasts granite countertops, stainless steel appliances, and a walkout to a spacious deck overlooking a charming gazebo and professionally landscaped backyard-perfect for entertaining or relaxing outdoors. The spacious primary suite offers a large 5-piece ensuite and a separate sitting area. The main floor features a warm and inviting family room with a wood-burning fireplace, elegant formal living and dining rooms, and a convenient laundry room with direct access to the garage. The finished lower level adds exceptional versatility with a second kitchen, making it ideal for extended family, entertaining, or multi-generational living. Ideally located close to top-rated schools, parks, public transit, Promenade Shopping Centre, and an excellent selection of shops and restaurants, this exceptional home offers the perfect blend of style, comfort, modern upgrades, and everyday convenience.
MississaugaInvestor.ca
93 Downing Boulevard
Detached · 5bd/4ba · ~2,750 sqft
$1,960,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.71%
Monthly Cash Flow
-$6,234/mo
Estimated Rent
$6,145/mo
Cash-on-Cash
-17.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,145 |
| Mortgage | −$9,022 |
| Property Tax | −$1,192 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,633 |
| Vacancy (5%) | −$307 |
| Cash Flow | -$6,234/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$73,740 |
| Vacancy (5%) | −$3,687 |
| Property Tax | −$14,308 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,600 |
| Annual NOI | $33,445 |
| Cap Rate | 1.71% |
Cash Required to Close
| Down Payment (20%) | $392,000 |
| Ontario Land Transfer Tax | $35,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $430,675 |
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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