56 Park Ridge Drive, Vaughan

$2,675,000
56 Park Ridge Drive

$2,675,000

New
18d
DetachedBungalow

56 Park Ridge Drive, Vaughan

Total Monthly Obligation $12,016

Beds
4
Baths
4
Park
6
Sqft
2500-3000
DOM
18d
Score
14
Yield
2.2%
Cash on Cash
-13.3%
Cap Rate
1.7%
5Y IRR
5.2%
10Y IRR
6.6%
Property Type-Detached
MLS® Number-N13863308
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-72.65 × 138.04 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$10,206 (2025)
Parking-8 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER THE OP TEAM
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Brick
Roof-Other
Foundation-Brick
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kleinburg
Title-Residential Freehold

No agent assigned

Experience Refined Living In This Exceptional Custom-Built Bungalow, Offering Nearly 3,000 Sq. Ft. Of Meticulously Crafted Living Space And Ideally Positioned Overlooking A Serene Park And Picturesque Pond. The Elegant Main Level Features Soaring Cathedral Dome Ceilings, Rich Hardwood Flooring, And A Stunning Gas Fireplace That Anchors The Spacious Family Room. The Gourmet Maple Kitchen Is Thoughtfully Designed With A Large Center Island, Seamlessly Connecting Indoor And Outdoor Living. Step Outside To Your Private Resort-Style Backyard Retreat, Complete With An Expansive Interlock Patio, Charming Gazebo, And A Fully Heated Year-Round Cabana. At The Heart Of This Outdoor Oasis Is A Spectacular In-Ground Fiberglass Pool, Surrounded By Professionally Landscaped Gardens And Mature Privacy Trees, Creating A Tranquil And Secluded Setting For Relaxation And Entertaining. The Professionally Finished Lower Level Offers Incredible Versatility With A Separate Entrance, An Industrial-Grade Chef's Kitchen, Spacious Open-Concept Entertainment Area, Dedicated Office, Generous Bedroom, Elegant 3-Piece Bathroom, And A Striking Three-Way Fireplace. Perfectly Suited For Multi-Generational Living, Guest Accommodations, Or Potential Income Opportunities. Additional Conveniences Include Professional Pool Maintenance And Landscaping Services.

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

Closing Costs

Mortgage Amount
$2,140,000
Land Transfer Taxes$53,350
Legal Fees (Est.)
$
Total cash required for closing$589,850

Total Monthly Obligation

$12,016/mo
Mortgage $10,790
Monthly Loss $9,176
Principal$2,839
Interest$7,951
Property Tax$851
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.8%0
5-Year IRR
3.2%7
10-Year IRR
5.3%
Returns Index
4.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$59,556/yr
NOI
$38,894/yr
Net Cash Flow
-$7,549/mo
Cash Margin
-152.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
11.8/ 100

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

Comparables

Properties near 56 Park Ridge Drive

Time

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