47 Futura Avenue, Richmond Hill
Richmond Hill
$1,322,500
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
5
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,350/mo
Estimated from market price-to-rent ratios
Remarks
Rare opportunity to own in the highly sought-after Rouge Woods community! Offered in as-is, where-is condition, this spacious home features a highly functional layout with 4+1 bedrooms, 5 bathrooms, 9' ceilings, two primary bedrooms with ensuite bathrooms, second-floor laundry, a main-floor family room with fireplace, a bright breakfast area with walkout to the private south-facing backyard, and direct garage access to the basement. Situated on a quiet, family-friendly street within the boundaries of Bayview Secondary School (IB Program), Richmond Rose Public School, and Our Lady Queen of the World Catholic Academy. Enjoy walking distance to parks, playgrounds, and Rouge River trails, with convenient access to Highway 404, Richmond Hill GO, Costco, Home Depot, Walmart, restaurants, banks, and all major shopping. An exceptional opportunity for first-time buyers, families, investors, or renovators to create their dream home in one of Richmond Hill's most desirable neighbourhoods.
MississaugaInvestor.ca
47 Futura Avenue
Detached · 6bd/5ba · ~2,250 sqft
$1,322,500
Cash-Flow Report · July 31, 2026
Cap Rate
1.83%
Monthly Cash Flow
-$4,076/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
-16.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$6,087 |
| Property Tax | −$794 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,102 |
| Vacancy (5%) | −$218 |
| Cash Flow | -$4,076/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$9,522 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,225 |
| Annual NOI | $24,143 |
| Cap Rate | 1.83% |
Cash Required to Close
| Down Payment (20%) | $264,500 |
| Ontario Land Transfer Tax | $22,925 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $290,425 |
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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