47 Riviera Drive, Vaughan

$959,900
47 Riviera Drive

$959,900

Extension
275d
Link2-Storey

47 Riviera Drive, Vaughan

Total Monthly Obligation $4,599

Beds
5
Baths
3
Park
2
Sqft
1100-1500
DOM
275d
Score
18
Yield
4.5%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Link
MLS® Number-N12718930
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-24.1 × 152.38 ft
Listed on site-Jan 21, 2026
Style-2-Storey
Building Type-Link
Taxes-$4,220 (2025)
Parking-3 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Glen Shields
Title-Residential Freehold

No agent assigned

Awesome Investment Opportunity! Live In & Rent Out! Finished 2 Bedroom Basement Apartment With Separate Side Entrance, 2 Kitchens, 3Bath, Newer Roof, Newer Floors On The First Level, No Carpet. Updated Washrooms, Freshly Painted. Newer Heat Pump, Newer Furnace, Excellent Location In Glen Shields! Steps from a park and public transit, with Easy Access to York University, Shopping, Community Centers, Libraries, Sports Facilities, and Top-Rated Schools. A Must See!!! VTB available.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$767,920
Land Transfer Taxes$15,673
Legal Fees (Est.)
$
Total cash required for closing$209,153

Total Monthly Obligation

$4,599/mo
Mortgage $3,872
Monthly Loss $3,580
Principal$1,019
Interest$2,853
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$42,900/yr
NOI
$29,890/yr
Net Cash Flow
-$1,381/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 47 Riviera Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.