18 Riviera Drive, Vaughan

$999,000
18 Riviera Drive

$999,000

New
8d
Detached2-Storey

18 Riviera Drive, Vaughan

Total Monthly Obligation $4,757

Beds
4
Baths
4
Park
4
Sqft
1100-1500
DOM
8d
Score
19
Yield
4.8%
Cash on Cash
-2.5%
Cap Rate
4.1%
5Y IRR
13.6%
10Y IRR
13.1%
Property Type-Detached
MLS® Number-N14081398
Beds-4
Bathrooms-4
Size-1100-1500 sqft
Lot Size-23.08 × 108.8 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,225 (2026)
Parking-5 - Attached
Basement-Apartment, Finished with Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90 Days
Neighbourhood-Glen Shields
Title-Residential Freehold

No agent assigned

Ravine, Ravine, Ravine!!! Premium Ravine Lot! Premium Full Walk-Out Basement! Completely Self-Contained In-Law Suite! Welcome To This Beautifully Renovated 3+1 Bedroom, 4 Bathroom, 2 Kitchen Home In A Highly Sought After Glen Shields Community in Vaughan! Conveniently Located On A Quiet, Family Oriented Child-Safe Street. This Home Offers The Perfect Blend Of Modern Style, Comfort, Every Day Functionality And Ravine Tranquility Living. Recent Upgrades Include Upgraded Eat-in Kitchen With Stainless Steel Appliances, Quartz Countertops, Porcelain Backsplash And Pot Lights. Upgraded Wooden Floors On Main Floor. Upgraded Powder Room (2022). Pot Lights Throughout The Main Floor. Main And 2nd Floors Freshly Painted (2026). Open Concept Main Floor Offers Great Space Perfect For Every Day Living And Entertaining. An Upgraded Kitchen Offers Direct Access To Red Cedar Deck (2022) Great For Summer Barbeques. Upstairs You'll Find Three Comfortable Bedrooms, Including Spacious Primary Bedroom With It's Own Private 4 Piece En-suite. Both 2nd Floor Bathrooms Were Recently Upgraded (2022). (One of the bedrooms was converted to a W/I closet but can be easily converted back to it's original state). Step Outside To A Large, Fully Fenced Private Backyard To Enjoy Your Own Personal Oasis! Other House Upgrades Include Roof (2025), A/C (2025), Upgraded Vinyl Windows And Doors (Main & 2nd Level), Flag Stone With Lighting At The Front Entrance (2025). Unbeatable Location. Short Walk To TTC With Direct Line To Subway. Minutes From Great Schools, Parks, Trails, Playgrounds, York University, Subway, Wonderland, Promenade Mall, Vaughan Mills, Yorkdale Mall, Costco, Walmart, Superstore, Home Depot. Major highways (400, 401, 407, 7). An Excellent Turn Key Home Offering Luxury, Comfort, Cottage Style Tranquility And Outstanding Value!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,757/mo
Mortgage $4,030
Monthly Loss $3,696
Principal$1,060
Interest$2,969
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.8%
Returns Index
20.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$47,664/yr
NOI
$34,173/yr
Net Cash Flow
-$1,182/mo
Cash Margin
-29.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.9/ 100

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

Comparables

Properties near 18 Riviera Drive

Time

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