
492 Pleasant Ridge Avenue, Vaughan
Vaughan
$1,680,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To This Beautifully Updated Family Home In The Highly Sought-After Patterson Community, Offering Approximately 3,545 Sq. Ft. Of Total Living Space, Including 2,440 Sq. Ft. Above Grade Plus 1,105 Sq. Ft. Finished Basement. Featuring 5 Spacious Bedrooms Above Grade, Including A Versatile 2nd-Floor Office That Can Be Used As A 5th Bedroom, This Home Offers A Bright Open-Concept Main Floor Designed For Modern Family Living. 9 Ft Ceilings On The Main Floor, Laminate Flooring Throughout Main And Second Floors, And Tons Of Pot Lights Create A Bright And Modern Feel. The Stylish European-Inspired Kitchen Features Built-In Oven And Microwave, Cooktop, Ceiling-Mounted Range Hood, Modern Cabinetry, And Designer Finishes, Seamlessly Flowing Into The Living And Dining Areas. Elegant Family Room With A Stunning Modern Fireplace Feature Wall. Spacious Primary Retreat Offers A Luxuriously Updated Ensuite Bathroom And Impressive His & Hers Walk-In Closets With Custom Built-In Organizers. All Bathrooms Have Been Tastefully Renovated With Quality Finishes. Professionally Finished Basement Features A Kitchen, Bedroom, And Bathroom, Providing Excellent Additional Living Space And Potential Rental Income Opportunity. Interlock Front Entrance And Patio. Fully Interlocked Low-Maintenance Backyard With Vegetable Garden. Double Garage And Private Driveway. Ideally Located Close To Top-Rated Schools, Parks, Community Centre, Transit, Shopping, And Everyday Amenities.
MississaugaInvestor.ca
492 Pleasant Ridge Avenue
Detached · 6bd/4ba · ~2,250 sqft
$1,680,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.3%
Monthly Cash Flow
-$5,915/mo
Estimated Rent
$4,700/mo
Cash-on-Cash
-19.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,700 |
| Mortgage | −$7,733 |
| Property Tax | −$1,022 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,400 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$5,915/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,400 |
| Vacancy (5%) | −$2,820 |
| Property Tax | −$12,264 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,800 |
| Annual NOI | $21,816 |
| Cap Rate | 1.3% |
Cash Required to Close
| Down Payment (20%) | $336,000 |
| Ontario Land Transfer Tax | $30,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $369,075 |
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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