87 Serene Way, Vaughan

$1,729,000
87 Serene Way

$1,729,000

Price Change
22d
Detached2 1/2 Storey

87 Serene Way, Vaughan

Total Monthly Obligation $8,025

Beds
5
Baths
6
Park
4
Sqft
3500-5000
DOM
22d
Score
21
Yield
5.3%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-N13849038
Beds-5
Bathrooms-6
Size-3500-5000 sqft
Lot Size-32.15 × 108.02 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Taxes-$8,104 (2025)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-T-ONE GROUP REALTY INC.,
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Patterson
Title-Residential Freehold

No agent assigned

A Rare Offering In One Of Thornhill Woods' Most Coveted Enclaves - This 5-Bedroom, 6-Bathroom Residence Delivers 3,505 Sq Ft Above Grade Plus A Fully Finished Basement, Positioned To Impress From The Moment You Arrive. At The Heart Of The Home Is A Fully Renovated Chef's Kitchen With Waterfall Quartz Counters And A Pantry, Set Within A Bright, Open-Concept Main Floor Designed For Effortless Entertaining. Upstairs, The Primary Suite Is A True Retreat, Complete With Its Own Private Sitting Area And A Spa-Like 5-Piece Ensuite, While Three Further Bedrooms On The Second Level Each Enjoy Ensuite Or Semi-Ensuite Privacy. A Uniquely Designed Loft With Its Own 4-Piece Ensuite Serves As A Fifth Bedroom, Offering Bright, Versatile Space For Guests, A Home Office Or A Private Studio. The Basement Has Been Newly Renovated Top To Bottom, With Newly Upgraded Flooring And A Newly Rebuilt Staircase Leading To An Expansive Recreation Space Plus An Additional Bedroom - Ideal For Extended Family, Guests Or A Home Gym. Outside, A Generous Deck Sets The Stage For Summer Gatherings And Entertaining, Framed By Manicured Landscaping And Mature Interlocking, With A Built-In Double Garage And Parking For Six. This Home Already Carries Well Over $300K In Premium Upgrades, Including An Updated Furnace, Roof, Powder Room And Deck. Minutes To Two GO Stations, Subway Line 1, The 407/404/400 Corridor And Mackenzie Health, This Is A Home That Pairs Scale And Craftsmanship With A Location That Simply Cannot Be Replicated.

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

Closing Costs

Mortgage Amount
$1,383,200
Land Transfer Taxes$31,055
Legal Fees (Est.)
$
Total cash required for closing$378,355

Total Monthly Obligation

$8,025/mo
Mortgage $6,974
Monthly Loss $6,189
Principal$1,835
Interest$5,139
Property Tax$675
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.8%3
5-Year IRR
12.5%54
10-Year IRR
12.5%
Returns Index
28.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$91,200/yr
NOI
$69,476/yr
Net Cash Flow
-$1,185/mo
Cash Margin
-15.6%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
17.7/ 100

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

Comparables

Properties near 87 Serene Way

Time

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