31 NORTHGATE Crescent, Richmond Hill
Richmond Hill
$2,648,800
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
6
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Luxurious living in Bayview Hills! Impressive 5+2 bedroom home at Approx Total Include Bsmt 9000'Sq.Ft Of Luxury. 6040'Sq.Ft On 1st&2nd And 3000'Sq.Ft Bsmt, Grand foyer with marble inlay floors and vaulted 20ft ceilings. Hardwood T/O on main and 2nd. Eat-in Kitchen featuring new cabinets, centre island, granite countertops, backsplash, oversized tile floors & more (2023). Formal Living/Dining/Family Rooms adorned in intricate crown moulding T/O. Total 4 marble fireplaces including custom stone surrounds & mantels. All 5 bedrooms feature walk-in closets. 3 Bedrooms have ensuites. Spectacular Primary Bedroom Retreat with ensuite spa-like Bathroom and Dressing Room converted to 5th Bedroom. Finished Bsmt apartment w/separate entrance, open concept living/dining, full kitchen. 2 bedrooms with 3 walk-in closets combined and incredible 7pc ensuite spa in primary bsmt bedroom. * MainFloor Laundry & stove and Third Fridge ( 2026) . Complete exterior waterproofing (2023). Feature three(3) Separate Entrance doors. Three (3) kitchens . potential income 4,300$ monthly (Just Basemant + side unit). Walking distance to top-ranked Bayview Hill Elementary. Minutes to Hwy 404, shopping, hillcrest mall, & more!
MississaugaInvestor.ca
31 NORTHGATE Crescent
Detached · 7bd/6ba · ~5,000 sqft
$2,648,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.49%
Monthly Cash Flow
-$8,903/mo
Estimated Rent
$7,695/mo
Cash-on-Cash
-18.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,695 |
| Mortgage | −$12,192 |
| Property Tax | −$1,589 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,207 |
| Vacancy (5%) | −$385 |
| Cash Flow | -$8,903/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$92,340 |
| Vacancy (5%) | −$4,617 |
| Property Tax | −$19,071 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$26,488 |
| Annual NOI | $39,464 |
| Cap Rate | 1.49% |
Cash Required to Close
| Down Payment (20%) | $529,760 |
| Ontario Land Transfer Tax | $52,695 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $585,455 |
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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