
20 Wellman Drive, Richmond Hill
Richmond Hill
$1,998,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUPERSTARS REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
7
Days on Market
1
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 20 Wellman Dr. **A True Gem Of Luxury And Sophistication**. Spectacular Family Home With UNIQUE Style & Modern Elegance, Designed For Exceptional Family Living In The Highly Sought-After Lake Wilcox Neighborhood Of Oak Ridges.*This 7-Years-Old Masterpiece Boasts 5+2 Bedrooms, 7 Washrooms & 2 Kitchens, Offering Approx. 3,443 Sq. Ft. Of Luxury Living Space (1st/2nd Floor As Per MPAC), Plus A Professionally Finished Basement With A Separate Entrance, Featuring Numerous Upgrades And High-End Finishes.*Step Inside To A Grand 20' Ceiling Foyer, Soaring 10' Ceilings On The Main Floor And 9' Ceilings On The Second Floor, Creating A Bright, Open & Impressive Sense Of Space. The Thoughtfully Designed Open-Concept Layout Is Ideal For A Large Family, Featuring 5+2 Spacious Bedrooms, Elegant Living And Dining Areas, And An Inviting Family Room With Fireplace. The Stunning Chef's European-Style Kitchen Is A True Showpiece, Featuring Custom Cabinetry, Granite Countertops, S/S Appliances, A Centre Island, Spacious Pantry & A Generous Breakfast Area With Walk-Out To The Serene Fully Interlocked Backyard, Seamlessly Blending Indoor And Outdoor Living.*The Primary Suite Is A True Retreat, Boasting A Vaulted Ceiling, Lavish Ensuite & Two Spacious Walk-In Closets.All Bedrooms Are Bright & Well-Appointed, Ensuring Comfort & Elegance.*Separate Entrance Basement Accessible Via 2 Staircases, Featuring A Kitchen With S/S Appliances, 2 Spacious Bedrooms, And 2 Washrooms & Laundry Offering Excellent Potential For An In-Law Suite, Multi-Generational Living, Or A Great Opportunity For Additional Rental Income.*The Backyard Is Beautifully Landscaped W/Interlock Paving, Creating A Stylish, Low-Maintenance Outdoor Oasis Ideal For Relaxation & Entertaining. Conveniently Located near Top Randed Schools, Highway 404, Lake Wilcox Trails, Community Centre & Parks**This Stunning, Move-In-Ready Home Offers The Perfect Blend Of Luxury, Comfort & Investment Potential. *A Must See Home*
MississaugaInvestor.ca
20 Wellman Drive
Detached · 7bd/7ba · ~3,250 sqft
$1,998,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.99%
Monthly Cash Flow
-$5,878/mo
Estimated Rent
$6,745/mo
Cash-on-Cash
-16.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,745 |
| Mortgage | −$9,197 |
| Property Tax | −$1,199 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,665 |
| Vacancy (5%) | −$337 |
| Cash Flow | -$5,878/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$80,940 |
| Vacancy (5%) | −$4,047 |
| Property Tax | −$14,386 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,980 |
| Annual NOI | $39,827 |
| Cap Rate | 1.99% |
Cash Required to Close
| Down Payment (20%) | $399,600 |
| Ontario Land Transfer Tax | $36,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,035 |
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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