
2 Corbett Crescent, Aurora
Aurora
$879,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
16
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 2 Corbett Crescent, a lovingly maintained bungalow in the highly sought-after Aurora Highlands. Perfectly positioned on a flat, fully fenced lot, this cherished home presents a rare opportunity for families seeking comfort, convenience, and an established community to call home. Ideally located within walking distance of elementary schools, parks, and everyday amenities, this home offers the perfect balance of family-friendly living and exceptional accessibility. Beautiful oak hardwood floors flow throughout the main level, adding warmth and timeless appeal. Two bedrooms feature walkouts to the spacious backyard deck, where mature trees and lush landscaping create a private retreat and a seamless connection between indoor and outdoor living. The expansive backyard provides plenty of space for children and pets to play, summer entertaining, or simply relaxing in a peaceful setting. Conveniently located between Highways 400 and 404, commuting is effortless, with quick access throughout the GTA while enjoying the quiet charm of one of Aurora's most desirable, family-oriented neighbourhoods. Lovingly cared for by the same family for more than five decades, this is a rare opportunity to make a truly special home your own and create memories for generations to come.
MississaugaInvestor.ca
2 Corbett Crescent
Detached · 4bd/2ba · ~900 sqft
$879,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.4%
Monthly Cash Flow
-$2,288/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-14.22%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,050 |
| Property Tax | −$557 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$733 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$2,288/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$6,687 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,799 |
| Annual NOI | $21,144 |
| Cap Rate | 2.4% |
Cash Required to Close
| Down Payment (20%) | $175,980 |
| Ontario Land Transfer Tax | $14,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $193,053 |
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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