
145 Old Surrey Lane, Richmond Hill
Richmond Hill
$1,599,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,350/mo
Estimated from market price-to-rent ratios
Remarks
NEWLY UPGRADED & MOVE-IN READY! Brand New Kitchen, Fresh Paint, Upgraded Bathrooms, Modern LED Lighting & Approx. 3,000 Sqft of Total Living Space Surrounded By Nature In A Prestigious Community! This stunning 2-storey family home features a double car garage w/ inside entry and a functional layout ideal for growing families and entertaining. Step inside to hardwood floors, crown moulding, California shutters, and a hardwood staircase w/ iron spindles. The spacious living room is anchored by a cozy fireplace, while the sun-filled dining area is framed by large windows. The gourmet kitchen showcases granite countertops, stainless steel appliances including a fridge w/ water dispenser, 6-burner gas stove w/ double oven, range hood, wine fridge, microwave, dishwasher, 9ft centre island, and ample cabinetry. The breakfast area offers a walkout to the backyard for seamless indoor-outdoor living. Enjoy a private backyard retreat featuring a stone patio and a fully fenced yard backing onto protected green space for exceptional privacy and scenic views. Just steps to Good Brothers Parkette. Upstairs, the primary suite features double-door entry, a custom built-in closet, and a spa-inspired 4pc ensuite w/ glass shower, soaker tub & stone feature wall. Three additional bedrooms and a convenient upper-level laundry room w/ full-size washer & dryer complete the second floor. The fully finished basement w/ separate walk-up entrance offers excellent flexibility for extended family, guests, or future income potential. Recent updates include all owned: new central air conditioning (2025), water heater (2024), heat pump (2025), upgraded windows and a roof covered by a transferable lifetime warranty. Minutes from the Richmond Hill Country Club, Hwy 407 & 404, shopping, top-rated schools incl. Charles Howitt P.S. & South Richvale Greenway. Lovingly maintained by the same family for over 30 years. Don't miss this truly exceptional place to call home! **Some photos are virtually staged.
MississaugaInvestor.ca
145 Old Surrey Lane
Detached · 4bd/4ba · ~2,250 sqft
$1,599,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.21%
Monthly Cash Flow
-$5,745/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
-19.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$7,360 |
| Property Tax | −$959 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,333 |
| Vacancy (5%) | −$218 |
| Cash Flow | -$5,745/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$11,513 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,990 |
| Annual NOI | $19,387 |
| Cap Rate | 1.21% |
Cash Required to Close
| Down Payment (20%) | $319,800 |
| Ontario Land Transfer Tax | $28,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $351,255 |
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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