
15 Marsh Street, Richmond Hill
Richmond Hill
$1,648,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PRIME PROPERTIES
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
7
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
Some homes impress you the moment you walk in. Others keep surprising you around every corner. This home does both. Inside, nearly 2,750 sqft + finished basement offers room for everything life throws your way. The welcoming foyer has double closet, the main-floor laundry offers a sink, cabinetry and a handy side entrance.The granite kitchen features brand-new Samsung appliances, a chef's desk and breakfast area for busy mornings. Host dinner in the formal dining room, then settle into the family room by the white brick gas fireplace. A dedicated main-floor office with French doors keeps work calls out of the kitchen. The front living room with french doors and beautiful bay window add a touch of classic formality. The piano hardwood stairs open up to the bright second floor landing with space for a reading nook. French doors open to the primary suite with hardwood flooring, walk-in closet and ensuite with double granite vanity, a water closet, and heated floors. Three additional bedrooms provide space for kids, guests or multigenerational living. The oversized second bedroom with hardwood floors, sitting area and double closet is especially well suited to a teenager who believes personal space should be measured in square feet. The basement adds a rec room with smooth ceilings, pot lights, and gas fireplace, games area with ping-pong table, 3-piece bathroom, workshop, and flexible space for a home gym or guest bedroom. But the real showstopper is waiting outside. Backing directly onto Mary Dawson Park, your backyard feels like a private resort. Spend summer days in the saltwater pool, relax in the hot tub, or entertain from the cabana, all while enjoying peaceful green views. Minutes from downtown Richmond Hill, schools, shopping, restaurants, theatres, GO Transit, Highways 404 and 407-everything your family needs. The Yonge Street shopping corridor is minutes away with grocery stores, banks, cafés, restaurants, and everyday conveniences.
MississaugaInvestor.ca
15 Marsh Street
Detached · 5bd/4ba · ~2,750 sqft
$1,648,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.06%
Monthly Cash Flow
-$4,763/mo
Estimated Rent
$5,695/mo
Cash-on-Cash
-15.79%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,695 |
| Mortgage | −$7,586 |
| Property Tax | −$989 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,373 |
| Vacancy (5%) | −$285 |
| Cash Flow | -$4,763/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$68,340 |
| Vacancy (5%) | −$3,417 |
| Property Tax | −$11,866 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,480 |
| Annual NOI | $33,877 |
| Cap Rate | 2.06% |
Cash Required to Close
| Down Payment (20%) | $329,600 |
| Ontario Land Transfer Tax | $29,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $362,035 |
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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