246 Thomas Phillips Drive, Aurora

$1,188,000
246 Thomas Phillips Drive

$1,188,000

Price Change
22d
Detached2-Storey

246 Thomas Phillips Drive, Aurora

Total Monthly Obligation $5,690

Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
22d
Score
16
Yield
3.8%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-N13852930
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-45.87 × 98 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,279.6 (2025)
Parking-4 - Attached
Basement-Finished, Apartment
Heating-Forced Air (Gas)
Brokerage-AIMHOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Imm
Neighbourhood-Rural Aurora
Title-Residential Freehold

No agent assigned

!!!Welcome to this updated Mattamy Home! 4+1bedrooms, 3.5 bath and Double Garage! Locate in highly desirable community of Rural Aurora! Premium corner lot with large back yard! 9-foot ceilings on main floor, pot lights, oak staircase, hardwood floors throughout! Gorgeous great room overlooking back yard! Ultra modern kitchen with black stainless steel appliances, designed for both style and function, offering a spacious centre island, perfect for everyday living and entertaining! Upstairs, the primary bedroom impresses with a generous walk-in closet and a luxurious 4-piece ensuite, providing the ideal private retreat! Garage access from inside, also right next to the Brand New professional finished basement featuring a 3-piece bathroom, one bedroom and a luxury entertainment room, adds exceptional versatility, perfect for extended family or additional living space to approximately 3000+ ! Ready to move-in! Must see!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$950,400
Land Transfer Taxes$20,235
Legal Fees (Est.)
$
Total cash required for closing$259,335

Total Monthly Obligation

$5,690/mo
Mortgage $4,792
Monthly Loss $4,429
Principal$1,261
Interest$3,531
Property Tax$523
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,928/yr
NOI
$29,656/yr
Net Cash Flow
-$2,321/mo
Cash Margin
-62.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.5/ 100

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

Comparables

Properties near 246 Thomas Phillips Drive

Time

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Data last updated within the past 24 hours.