
62 Hesperus Road, Vaughan
Vaughan
$1,588,000
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
6
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,950/mo
Estimated from market price-to-rent ratios
Remarks
Absolutely stunning family home ideally situated on a quiet street in one of Vaughan's most sought-after neighbourhoods. Offering 3 spacious bedrooms and 6 bathrooms, this beautifully maintained residence showcases an exceptional open-concept layout designed for both everyday family living and effortless entertaining. The gourmet chef's kitchen features a large centre island and overlooks the bright breakfast area and inviting family room, creating the perfect gathering space. Elegant principal rooms include separate living and dining areas enhanced by oversized windows and an abundance of natural light. Upstairs, all bedrooms are generously sized with ensuite access, including a luxurious primary retreat complete with a spa-inspired 5-piece ensuite and walkout to a private balcony. Thoughtful upgrades throughout include a second-floor fireplace, central vacuum system, new flooring on the main level, and a professionally renovated basement (2024) featuring new flooring, ceiling, and drywall, providing exceptional additional living space. Step outside to a newly built backyard deck, ideal for outdoor entertaining, family gatherings, or relaxing in your private backyard. Located just minutes to top-rated schools, parks, shopping, restaurants, Highway 407, GO Transit, and every major amenity, this is an outstanding opportunity to own a move-in-ready home in one of Vaughan's premier family communities. A perfect blend of quality, comfort, location, and lifestyle.
MississaugaInvestor.ca
62 Hesperus Road
Detached · 3bd/6ba · ~2,250 sqft
$1,588,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.94%
Monthly Cash Flow
-$6,071/mo
Estimated Rent
$3,950/mo
Cash-on-Cash
-20.88%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,950 |
| Mortgage | −$7,309 |
| Property Tax | −$966 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,323 |
| Vacancy (5%) | −$198 |
| Cash Flow | -$6,071/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,400 |
| Vacancy (5%) | −$2,370 |
| Property Tax | −$11,592 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,880 |
| Annual NOI | $14,858 |
| Cap Rate | 0.94% |
Cash Required to Close
| Down Payment (20%) | $317,600 |
| Ontario Land Transfer Tax | $28,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $348,835 |
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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