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135 FAROOQ BOULEVARD Vaughan (Vellore Village), Ontario

FAROOQ BOULEVARD, Vaughan (Vellore Village), ON, L4L1A6

8 Beds

5 Baths

2,501 sq ft

townhome
Listed

$1,398,000

Asking Price

135 FAROOQ BOULEVARD Vaughan (Vellore Village), Ontario, photo 1
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About This Property

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

Opportunity Analysis

Score: 8 / 10

Recommended Strategy:

Rental

Facts & Features

Property Type

townhome

Status

rental

Square Feet

2,501 sq ft

Parking

garage

Basement

finished

Separate Entrance

Yes

Business Case

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

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$279,600

Loan

$1,118,400

Monthly P+I

$7,491

Cash Flow Analysis

= $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

NET / MO-$8,889

Enter rental income to activate the gauge

Asking Price

$1,398,000

Listed

Posted Jul 19, 2026 · about 6 hours ago

8 bd

·

5 ba

·

2,501 sqft

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