
34 Kitsilano Crescent, Richmond Hill
Richmond Hill
$1,198,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
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
Welcome to this beautifully renovated home on a highly sought-after crescent, where style, comfort, and functionality come together seamlessly. The stunning living room impresses with its soaring 17-foot ceilings, elegant oak hardwood flooring, and modern oak staircase accented by a custom glass railing. The open-concept kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, quartz countertops, and a convenient side walkout to the patio. Enjoy family meals in the dining area with direct access to a spacious deck overlooking a private backyard oasis complete with a charming pond.The fully finished basement offers exceptional versatility, featuring a large recreation room, two bedrooms, a 3-piece bathroom, a second kitchen, and abundant storage space-ideal for extended family, guests, or multi-generational living. An attractive interlock walkway enhances the home's curb appeal, while the prime location places you just minutes from top-rated schools, parks, Hillcrest Mall, and convenient transit options. A truly move-in-ready gem in an outstanding family-friendly neighbourhood!
MississaugaInvestor.ca
34 Kitsilano Crescent
Detached · 5bd/4ba · ~1,750 sqft
$1,198,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.9%
Monthly Cash Flow
-$2,616/mo
Estimated Rent
$5,095/mo
Cash-on-Cash
-11.93%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,095 |
| Mortgage | −$5,514 |
| Property Tax | −$719 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$998 |
| Vacancy (5%) | −$255 |
| Cash Flow | -$2,616/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,140 |
| Vacancy (5%) | −$3,057 |
| Property Tax | −$8,626 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,980 |
| Annual NOI | $34,777 |
| Cap Rate | 2.9% |
Cash Required to Close
| Down Payment (20%) | $239,600 |
| Ontario Land Transfer Tax | $20,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,035 |
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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