
5- 47 Cordoba Drive, Vaughan
Vaughan
$1,388,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,100/mo
Estimated from market price-to-rent ratios
Remarks
Seldom offered, this is a rare opportunity to own in one of Bathurst & Steeles' most coveted enclaves. Rarely does a home offer this much space, this many upgrades, and this level of flexibility. Featuring four finished levels of renovated space, this home is designed for families who need room to grow . The updated kitchen offers granite countertops and backsplash, a gas cooktop, double sink, quality appliances ,a coffee nook and a breakfast area. Rich hardwood flooring flows throughout, while custom window coverings, premium light fixtures, renovated bathrooms, and fresh paint (July 2026) create a move-in-ready home you'll be proud to own. Professionally finished walk-out basement (2019) adds exceptional living space for an extra bedroom, entertaining, a family room or home office while the additional lower basement offers even more versatility with abundant storage, or the perfect home gym or hobby space. Direct access from the garage to both the home and backyard .Walk out from Kitchen to a spacious deck overlooking the backyard, complete with a new canopy, ideal for summer BBQs or morning coffee. Pride of ownership shines through with extensive updates, including the kitchen, bathrooms, hardwood flooring, deck, sliding doors, appliances, and washer/dryer (2012), professionally finished basement (2019), windows and garage door (2019), roof and insulation (2020), front window (2026), plus freshly painted bedrooms and bathrooms (2026). The spacious upstairs open area offers excellent flexibility and can easily be converted into a fourth bedroom, creating even more room for a growing family. Legally described as a detached condominium with a low monthly maintenance fee of $472/month , allowing you to enjoy detached home living while someone else takes care of the lawn maintenance, snow removal from the driveway, front steps and road, and exterior window cleaning. This is the complete package. Don't forget to check out the virtual tour!
MississaugaInvestor.ca
5- 47 Cordoba Drive
Detached · 4bd/4ba · ~2,750 sqft
$1,388,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.44%
Monthly Cash Flow
-$4,720/mo
Estimated Rent
$4,100/mo
Cash-on-Cash
-18.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,100 |
| Mortgage | −$6,389 |
| Property Tax | −$844 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,157 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$4,720/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,200 |
| Vacancy (5%) | −$2,460 |
| Property Tax | −$10,132 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,880 |
| Annual NOI | $20,028 |
| Cap Rate | 1.44% |
Cash Required to Close
| Down Payment (20%) | $277,600 |
| Ontario Land Transfer Tax | $24,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $304,835 |
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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