
32 Casa Nova Drive, Vaughan
Vaughan
$1,498,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE NEW WORLD REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,200/mo
Estimated from market price-to-rent ratios
Remarks
Absolutely Stunning, Move-In Ready Family Home in Highly Sought-After Vellore Village! This beautifully upgraded, freshly painted, carpet-free 4-bedroom detached home offers the perfect blend of elegance, comfort, and functionality. Filled with natural light, the spacious layout features gleaming hardwood floors, crown moulding, pot lights, custom trim, and quality built-in cabinetry throughout. The renovated gourmet kitchen (2018) boasts granite countertops, stainless steel appliances, an extended breakfast bar, and abundant cabinetry, seamlessly overlooking the breakfast area and family room-perfect for everyday living and entertaining. Recently renovated bathrooms and fresh paint throughout give the home a modern, move-in ready appeal.The professionally finished basement expands your living space with a stylish recreation area, custom wet bar with granite countertops, an electric fireplace, and a 3-piece bathroom-ideal for family gatherings, movie nights, or entertaining guests.Enjoy the beautifully landscaped backyard featuring full interlock stonework, a professionally designed outdoor living space, and an in-ground sprinkler system for easy maintenance. Main floor laundry with direct garage access adds everyday convenience.Located in one of Vaughan's most desirable family neighbourhoods, this exceptional home is within walking distance to parks and top-rated schools, and just minutes to Vellore Village Community Centre, Vaughan Mills, Cortellucci Vaughan Hospital, Highway 400, public transit, restaurants, golf courses, and all major amenities.Meticulously maintained and thoughtfully upgraded from top to bottom, this exceptional home offers timeless style, outstanding comfort, and an unbeatable family lifestyle.
MississaugaInvestor.ca
32 Casa Nova Drive
Detached · 4bd/5ba · ~2,750 sqft
$1,498,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.29%
Monthly Cash Flow
-$5,289/mo
Estimated Rent
$4,200/mo
Cash-on-Cash
-19.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,200 |
| Mortgage | −$6,895 |
| Property Tax | −$911 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,248 |
| Vacancy (5%) | −$210 |
| Cash Flow | -$5,289/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$50,400 |
| Vacancy (5%) | −$2,520 |
| Property Tax | −$10,935 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,980 |
| Annual NOI | $19,265 |
| Cap Rate | 1.29% |
Cash Required to Close
| Down Payment (20%) | $299,600 |
| Ontario Land Transfer Tax | $26,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,035 |
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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