
166 Matthew Drive, Vaughan
Vaughan
$1,199,900
Cash flow, cap rate & mortgage breakdown
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Listed by KINGSWAY REAL ESTATE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this spacious beautiful brand new renovated home in the heart of Vaughan - East Woodbridge. It's been Meticulously Renovated From Top To Bottom. Truly move-in condition. Pattern Concrete Driveway can be easily park 4 vehicles. Step inside the bright and fresh painted house, Pot lights through out the main floor and Hardwood floor through out the whole house w/ nature warm color. Family room w/ cozy warm gas fireplace. Dining room has good size w/abundance lights & overlook backyard through the window when enjoying the meals. Modern Gourmet Chef's Kitchen w/large stone Countertop island w/large sink for easy use. Custom grey backsplash match the stone countertop to make it bright and clean. Stainless Steel Appliances. Breakfast area can access to the backyard to use the outdoor gas line BBQ. Brand New staircase w/Elegant Wrought Iron Pickets leading to the 2nd hardwood floor. Incredible huge size of Primary Bdrm w/ Walk-In Closet With Custom Organizers & A Luxurious 5pc Ensuite Complete With Dual Vanity w/changeable light color mirror, Frameless Glass Shower w/modern multifunctional shower heads. Plus separate rectangle huge Tub. The 2nd Bdrm w/Semi-Ensuite Access. All Bedrooms Are Generously Sized With Ample Closet Space & hardwood floor through out. Finished Basement Extends Your Living Space With Laminate Floors, Pot Lights, A Spacious Open-Concept Recreation Room w/ L shape separated by sitting area and entertainment area. Laundry Room with sink in the large utility room. 3 pc rough in and easily install a 3 pc bathroom. Steps to highly ranked Blue Willow school, Giovanni Caboto park, walking distance to public transit, plazas, Fortinos shopping center, short drive to Vaughan MC subway station, Vaughan Mills, community centers, Costco, IKEA. Easy access to Hwy 7, 400 & 407. Best Location In Woodbridge. Ideal Neighborhood For First-Time Buyers To Raise Your Family. Don't miss it.
MississaugaInvestor.ca
166 Matthew Drive
Detached · 3bd/3ba · ~1,750 sqft
$1,199,900
Cash-Flow Report · August 3, 2026
Cap Rate
1.42%
Monthly Cash Flow
-$4,106/mo
Estimated Rent
$3,550/mo
Cash-on-Cash
-18.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,550 |
| Mortgage | −$5,523 |
| Property Tax | −$730 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,000 |
| Vacancy (5%) | −$178 |
| Cash Flow | -$4,106/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,600 |
| Vacancy (5%) | −$2,130 |
| Property Tax | −$8,759 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,999 |
| Annual NOI | $17,012 |
| Cap Rate | 1.42% |
Cash Required to Close
| Down Payment (20%) | $239,980 |
| Ontario Land Transfer Tax | $20,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,453 |
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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