
421 Carrville Road, Richmond Hill
Richmond Hill
$1,999,999
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by THE GUARDIAN HOME REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
18
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 421 Carrville Road, a meticulously renovated residence where exceptional craftsmanship, thoughtful design, and everyday functionality come together in perfect harmony. Having undergone **over $250,000 in renovations**, this home has been transformed from top to bottom with an uncompromising attention to detail.Offering **4+1 spacious bedrooms and 5 beautifully finished bathrooms**, the home features elegant principal rooms, designer finishes, and a seamless flow for both family living and sophisticated entertaining. Every inch has been thoughtfully updated, including new windows with custom blinds, new flooring throughout with upgraded subflooring, fresh designer paint, refined trim work, a newer roof (approximately one year), an upgraded electrical panel, and an impressive collection of designer lighting, anchored by a stunning statement chandelier in the living room. Brand-new, top-of-the-line appliances complete the beautifully appointed interior.The fully finished lower level adds remarkable versatility with a **separate side entrance**, full kitchen, and the opportunity to create a private in-law suite, offering exceptional flexibility for today's lifestyle.Curated with comfort and luxury in mind, the home also features a private sauna, a built-in security safe, and thoughtfully designed spaces that elevate everyday living.Outside, enjoy a tranquil backyard retreat complete with a gazebo and the rare advantage of **no homes behind**, creating a peaceful backdrop with added privacy. Positioned directly across from a school and nestled on a street where homes are **rarely offered for sale**, this location offers an ideal balance of convenience, prestige, and community.This is more than a beautifully renovated home-it is a rare opportunity to own a distinguished residence where every detail has already been perfected.
MississaugaInvestor.ca
421 Carrville Road
Detached · 5bd/5ba · ~2,750 sqft
$1,999,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.68%
Monthly Cash Flow
-$6,413/mo
Estimated Rent
$6,195/mo
Cash-on-Cash
-17.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,195 |
| Mortgage | −$9,206 |
| Property Tax | −$1,200 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,667 |
| Vacancy (5%) | −$310 |
| Cash Flow | -$6,413/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$74,340 |
| Vacancy (5%) | −$3,717 |
| Property Tax | −$14,400 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$20,000 |
| Annual NOI | $33,523 |
| Cap Rate | 1.68% |
Cash Required to Close
| Down Payment (20%) | $399,999.8 |
| Ontario Land Transfer Tax | $36,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,474.8 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.