FAROOQ BOULEVARD, Vaughan (Vellore Village), ON, L4L1A6
8 Beds
5 Baths
2,501 sq ft
$1,398,000
Asking Price
Location Location Major Mc And Weston Rd. B eautiful Brand Townhome - 2501 SF, Spacious 5 Bedrooms Upper level $4400. Middle level 1 Bedroom Apartment With kitchen And Bathroom. 2 Bedrooms Finished Basement. Middle fFoor Has a Beautiful Patio. Middle Floor Rent Is $1700 Monthly All Inclusive Garage Separate Entrance. Basement Apartment $1900 Monthly Rent Garage Separate Entrance. Upper Is Open Concept View. And Large Windows With Tons Of Natural Light. Open Concept Kitchen With Granite Kitchen Island And Countertop, Breakfast Bar, And Stainless Steel Appliances. Close To Hwy 400, Hospital, Canada's Wonderland, Vaughan Mills, Walmart, Home Depot, Bus Stop and Schools, Restaurants. ETC. NOTE: HOME IS TOTAL OF 8 BEDROOMS AND 5 FULL BATHROOMS. THIS IS HOME PRODUCING INCOME. THIRD FLOOR: 2 BEDROOMS AND TWO FULL BATHROOMS. SECOND FLOOR TWO BEDROOMS AND ONE FULL BATHROOM. MIDDLE FLOOR ONE SELF CON APARTMENT. BASEMENT APARTMENT 2 BEDROOMS AND 1 FULL BATHROOM. Upper Floor Tenant Is Moving Out And Middle Floor And Basement Tenants Are Willing To Stay. Income Of $8000 Monthly. Seller Is Motivated. (id:24493) MLS® #N13574392 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
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Property Type
townhome
Status
rental
Square Feet
2,501 sq ft
Parking
garage
Basement
finished
Separate Entrance
Yes
Strengths
• High income potential
• Multiple income streams
Weaknesses
• Requires management and maintenance
• Potential for vacancy between tenants
Opportunities
• Growing demand in Vellore Village
• Potential for price appreciation
Threats
• Changes in local market
• Potential for decreased rental income
Down Payment
Canadian semi-annual compounding
Down
$279,600
Loan
$1,118,400
Monthly P+I
$7,491
= $279,600 · 20.0% committed
Auto-calculated from mortgage above
Ontario default: 1.2% of $1,398,000 ÷ 12
Monthly Summary
Mortgage (P+I)
$7,491
Property Tax
$1,398
Total Out
$8,889
Rental In
$0
Net / Month
-$8,889
Net Cash Flow
Enter rental income to activate the gauge
Asking Price
Posted Jul 19, 2026 · about 6 hours ago
8 bd
·
5 ba
·
2,501 sqft