
215 Drummond Drive, Vaughan
Vaughan
$1,299,800
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
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
Best Priced 5 bedroom in entire Vaughan! Offered by the Original Owners, this spacious 2,854 sq. ft. detached home presents a rare opportunity to own a 5-bedroom family residence in one of Maple's most sought-after neighbourhoods. Lovingly maintained and filled with natural light, the functional layout is ideal for growing families, multi-generational living, and work-from-home flexibility. The large eat-in kitchen offers abundant cabinetry and workspace, while the main-floor laundry adds everyday convenience. Enjoy a private, sun-filled south-facing backyard perfect for relaxing, entertaining, and family gatherings. Enjoy newer mechanicals, 2-5 years old furnace, CAC, tankless hot water tank & roof ~10years old. The unfinished basement (easy to make separate entrance, just cut laundry window into a door ) offers exceptional potential to create a recreation room, home theatre, gym, or future income 2-3 bedroom suite. Ideally located on a quiet, tree-lined street just minutes from top-rated schools, French Immersion programs, parks, trails, Maple GO Station, Cortellucci Vaughan Hospital, Vaughan Mills, and Highways 400 & 407. Move in and enjoy as-is or update to your personal taste while building long-term value. A rare combination of space, value, location, and unlimited potential in the heart of Maple. Presented with a few virtually staged pictures.
MississaugaInvestor.ca
215 Drummond Drive
Detached · 5bd/3ba · ~2,750 sqft
$1,299,800
Cash-Flow Report · July 31, 2026
Cap Rate
2.62%
Monthly Cash Flow
-$3,147/mo
Estimated Rent
$5,195/mo
Cash-on-Cash
-13.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,195 |
| Mortgage | −$5,983 |
| Property Tax | −$791 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$260 |
| Cash Flow | -$3,147/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$62,340 |
| Vacancy (5%) | −$3,117 |
| Property Tax | −$9,489 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,998 |
| Annual NOI | $34,036 |
| Cap Rate | 2.62% |
Cash Required to Close
| Down Payment (20%) | $259,960 |
| Ontario Land Transfer Tax | $22,471 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,431 |
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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