
137 Joanna Crescent, Vaughan
Vaughan
$1,199,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome Home to 137 Joanna Crescent. A rare opportunity to own a beautifully updated detached home in one of Thornhill's most desirable and established communities. Lovingly cared for by the same family for 42 years, this home reflects exceptional pride of ownership, thoughtful improvements, and meticulous attention to detail. From the moment you arrive, the quality and attention to detail are evident. The home features a welcoming entrance with elegant porcelain tile, hardwood flooring throughout the main and second floors, pot lights, six-inch baseboards throughout, and a stunning wood-burning fireplace redesigned from floor to ceiling with a granite surround, matching granite hearth, and contemporary wood slat detailing.The renovated kitchen offers granite countertops, a gas range, a Whirlpool French-door refrigerator with bottom freezer, a Bosch dishwasher, a Blanco double-bowl sink, a Grohe faucet, under-cabinet lighting, and a reverse osmosis drinking water system. The beautifully updated bathrooms showcase premium finishes including German-engineered plumbing fixtures by Grohe and Hansgrohe, custom-made floating vanities, marble and granite countertops, a Neptune deep soaker tub, a heated towel warmer, and Italian porcelain tile. The spa-inspired basement bathroom features a Hansgrohe rain shower system, Duravit sink and toilet, Robern full-length recessed medicine cabinet, and glass shower enclosure with granite base. The finished basement provides additional living space with an additional bedroom and bathroom. Enjoy a private fenced backyard with a spacious deck, two natural gas hookups, and a separate fenced garden. Located just one block from Yonge Street, this highly walkable community is ideal for families, with excellent public and secondary schools within walking distance. Future Yonge North Subway Extension station, a five-minute walk away, will further enhance the appeal and connectivity of this sought-after location.
MississaugaInvestor.ca
137 Joanna Crescent
Detached · 4bd/4ba · ~1,750 sqft
$1,199,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.75%
Monthly Cash Flow
-$3,767/mo
Estimated Rent
$3,900/mo
Cash-on-Cash
-17.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,900 |
| Mortgage | −$5,519 |
| Property Tax | −$729 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$999 |
| Vacancy (5%) | −$195 |
| Cash Flow | -$3,767/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,800 |
| Vacancy (5%) | −$2,340 |
| Property Tax | −$8,753 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,990 |
| Annual NOI | $21,017 |
| Cap Rate | 1.75% |
Cash Required to Close
| Down Payment (20%) | $239,800 |
| Ontario Land Transfer Tax | $20,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,255 |
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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