153 Clarence Street, Vaughan
Vaughan
$999,000
Cash flow, cap rate & mortgage breakdown
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Listed by CMI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
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
Ravine-Backing Family Oasis in West Woodbridge! Nestled on an exceptionally deep 41 x 187 ft. lot enveloped by mature trees and a tranquil ravine setting, this charming 1.5-storey detached home offers the perfect blend of serenity and convenience in a sought-after West Woodbridge neighborhood. Step inside to an inviting interior boasting a newly renovated modern kitchen and updated bathrooms that seamlessly blend style and function. The main floor features two bright bedrooms, while the entire upper level is dedicated to a spacious primary bedroom retreat. The fully finished basement with a separate entrance is an incredible asset, complete with two bedrooms, a second kitchen, a recreation room, and a full bathroom ideal for an in-law suite or potential rental income. Outdoor living is exceptional: enjoy your privacy on the newly built, expansive deck overlooking the sprawling backyard that leads down toward the Humber River. Enjoy unmatched convenience with schools, parks, shopping, and major highways just moments away. This move-in ready home is a rare find! Book your private showing today.
MississaugaInvestor.ca
153 Clarence Street
Detached · 5bd/2ba · ~1,750 sqft
$999,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.47%
Monthly Cash Flow
-$1,709/mo
Estimated Rent
$4,795/mo
Cash-on-Cash
-9.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,795 |
| Mortgage | −$4,598 |
| Property Tax | −$608 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$1,709/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,540 |
| Vacancy (5%) | −$2,877 |
| Property Tax | −$7,293 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,990 |
| Annual NOI | $34,680 |
| Cap Rate | 3.47% |
Cash Required to Close
| Down Payment (20%) | $199,800 |
| Ontario Land Transfer Tax | $16,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,255 |
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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