
28 Crestridge Drive, Vaughan
Vaughan
$1,388,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,950/mo
Estimated from market price-to-rent ratios
Remarks
Stunning luxury townhome backing onto a ravine in desirable Patterson. This beautifully upgraded 3+1 bedroom home offers over 2,000 sq. ft. of total usable living space The open-concept layout features 10' smooth ceilings on the main floor, 9' ceilings on the second floor, oversized floor-to-ceiling windows, upgraded lighting, and engineered hardwood flooring throughout. The gourmet kitchen includes upgraded cabinetry and quartz countertops, while the spacious family room features an electric fireplace and walk-out to an oversized deck with glass panel railings, ravine views, and a motorized awning that covers the entire deck. The primary suite offers a custom made walk-in closet, spa-like 5-piece ensuite, ravine views, and motorized window coverings. The finished walk-out lower level includes a recreation area, used as a bedroom, 4-piece bathroom, and direct access to an interlocking stone patio, full house water filtration system, and an advanced wired alarm system. Located in a beautifully maintained complex with a parkette for family gatherings, and close to Hwy 407, Promenade, Hillcrest Mall, parks, schools, community center, transit, and everyday conveniences.
MississaugaInvestor.ca
28 Crestridge Drive
Att/Row/Townhouse · 4bd/4ba · ~1,750 sqft
$1,388,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.32%
Monthly Cash Flow
-$4,863/mo
Estimated Rent
$3,950/mo
Cash-on-Cash
-19.14%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,950 |
| Mortgage | −$6,389 |
| Property Tax | −$844 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,157 |
| Vacancy (5%) | −$198 |
| Cash Flow | -$4,863/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,400 |
| Vacancy (5%) | −$2,370 |
| Property Tax | −$10,132 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,880 |
| Annual NOI | $18,318 |
| Cap Rate | 1.32% |
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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