525 Elgin Mills Road, Richmond Hill
Richmond Hill
$2,295,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE BROADWAY REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,050/mo
Estimated from market price-to-rent ratios
Remarks
Rarely Offered Luxurious Home in the heart of Richmond Hill! Stunning 4 Bedroom, Approx. 4000sq ft of Luxury comfort. The basement can be renovated into a separate unit with an entrance in the mudroom. Wide entrance hallway as you walk in, Cathedral ceiling in the Den/Office, walk-in Pantry with coffee corner. 6-burner Kitchenaid stove range. Quartz countertop. 10ft Ceiling on main, 9ft on second, and 9ft basement (rare). An ensuite bedroom as well as a Jack-and-Jill bath for the other bedrooms. Master bath equipped with a freestanding tub, massive shower, and enclosed toilet. Master Bedroom features tray ceiling. Hardwood floor throughout. Driveway accommodates 6 vehicles. Minutes away from trails leading to Mill Pond Park, top tier schools, Many restaurants and supermarkets just minutes away. Bus stop 10 seconds away.
MississaugaInvestor.ca
525 Elgin Mills Road
Detached · 4bd/4ba · ~4,250 sqft
$2,295,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.67%
Monthly Cash Flow
-$9,282/mo
Estimated Rent
$5,050/mo
Cash-on-Cash
-22.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,050 |
| Mortgage | −$10,564 |
| Property Tax | −$1,377 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,913 |
| Vacancy (5%) | −$253 |
| Cash Flow | -$9,282/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,600 |
| Vacancy (5%) | −$3,030 |
| Property Tax | −$16,524 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$22,950 |
| Annual NOI | $15,396 |
| Cap Rate | 0.67% |
Cash Required to Close
| Down Payment (20%) | $459,000 |
| Ontario Land Transfer Tax | $43,850 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $505,850 |
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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