37 Cherry Bush Road, Vaughan

$1,269,000
37 Cherry Bush Road

$1,269,000

New
7d
Detached2-Storey

37 Cherry Bush Road, Vaughan

Total Monthly Obligation $5,986

Beds
3
Baths
4
Park
3
Sqft
1500-2000
DOM
7d
Score
15
Yield
3.4%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-N14086514
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-29.53 × 115.81 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,903.83 (2026)
Parking-4 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Patterson
Title-Residential Freehold

No agent assigned

A rare opportunity in highly sought-after Patterson, 37 Cherry Bush Rd is a beautifully maintained, FULLY DETACHED 2-storey home nestled in one of Patterson's most desirable family-friendly communities. Offering 3 LARGE BEDROOMS & 4 BATHS this home combines spacious living with crown moulding, pot lights & exceptional functionality throughout. The main level features 9-foot ceilings, a welcoming living room with cozy fireplace, breakfast bar & bright separate dining area with walkout to an oversize deck with gazebo perfect for morning coffee, outdoor dining or entertaining. The spacious kitchen offers excellent functionality & connects seamlessly with the principal living space. Upstairs the generously sized bedrooms provide plenty of room for the growing family. The principal bedroom features a private ensuite, while the second bedroom offers its own private walkout balcony! The finished lower level is a true extension of the home, featuring a bright walkout to a stamped concrete patio & beautifully landscaped, fully fenced yard with a custom-built pizza oven & shed, plus a convenient interlock walkway along the side of the home to the front. CUSTOM built-in shelving, dedicated office and study area in the basement create a flexible space ideal for working from home, studying or hobbies, while the finished recreation area provides an inviting setting for family time & entertaining. DIRECT GARAGE access from the foyer! A couple walls in the garage have slatwall storage panelling. NEW Roof SHINGLES July 2025. No sidewalk offers added convenience & maximum driveway space. Ideally located within walking distance from Maple Go station, top-rated schools, parks, playgrounds, trails, community amenities, shopping, restaurants, library, and grocery stores, complete with easy access to Cortellucci Vaughan hospital & Hwy 400, 404 & 407. A move-in-ready home offering the space, comfort, unbeatable location & lifestyle today's families are looking for.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,015,200
Land Transfer Taxes$21,855
Legal Fees (Est.)
$
Total cash required for closing$277,155

Total Monthly Obligation

$5,986/mo
Mortgage $5,119
Monthly Loss $4,639
Principal$1,347
Interest$3,772
Property Tax$492
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.6%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$43,632/yr
NOI
$28,865/yr
Net Cash Flow
-$2,713/mo
Cash Margin
-74.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.8/ 100

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

Comparables

Properties near 37 Cherry Bush Road

Time

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