
2 Poplar Drive, Richmond Hill
Richmond Hill
$3,390,000
Cash flow, cap rate & mortgage breakdown
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Listed by LPT REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
6
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
POWER OF SALE OPPORTUNITY! Set in the sought after Oak Ridges community, this custom built luxury residence offers approximately 5,296 sq ft of above grade living space, thoughtfully designed for buyers who value craftsmanship and refined detail throughout. A grand 22 ft foyer welcomes you home, topped by a skylight that fills the entryway with natural light. Wainscoting, waffle ceilings, and pot lighting extend that architectural polish across the main floor. A private main floor office, finished in oak panelling with a large window, offers a quiet space to work from home. The combined living and dining room sets an elegant tone for entertaining, accented by wall sconces and an electric fireplace. The home flows into a chef inspired kitchen featuring a large centre island, dual sinks, quartz countertops, high end built in appliances, and generous cabinetry. The kitchen opens into a sunlit family room with soaring 22 ft ceilings, built in shelving, and a fireplace, ideal for everyday living and hosting guests, with an elevator providing access to every level. Upstairs, four spacious bedrooms each offer a private ensuite. The primary suite is a true retreat, with a custom walk in closet, accent panel wall, gas fireplace, private enclosed balcony, and a spa inspired 7 piece ensuite with heated floors. Second floor laundry adds convenience. The finished lower level offers a second kitchen, wet bar, wine cellar, fireplace, custom built ins, integrated speakers, a gym area, additional bedroom, cold room, and 3 piece bath, well suited for extended family or entertaining. Outside, a walkout deck with a gas BBQ line overlooks a private, resort style backyard, complete with an inground pool set against a mature, tree lined ravine, a true sanctuary for indoor outdoor living. A rare opportunity to own an extraordinary home in one of Richmond Hill's most prestigious communities.
MississaugaInvestor.ca
2 Poplar Drive
Detached · 6bd/6ba · ~5,000 sqft
$3,390,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.04%
Monthly Cash Flow
-$12,665/mo
Estimated Rent
$8,445/mo
Cash-on-Cash
-20.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$8,445 |
| Mortgage | −$15,604 |
| Property Tax | −$2,034 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,825 |
| Vacancy (5%) | −$422 |
| Cash Flow | -$12,665/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$101,340 |
| Vacancy (5%) | −$5,067 |
| Property Tax | −$24,408 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$33,900 |
| Annual NOI | $35,265 |
| Cap Rate | 1.04% |
Cash Required to Close
| Down Payment (20%) | $678,000 |
| Ontario Land Transfer Tax | $71,225 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $752,225 |
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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