45 Skylark Drive, Vaughan

$1,379,999
45 Skylark Drive

$1,379,999

New
6d
Detached2-Storey

45 Skylark Drive, Vaughan

Total Monthly Obligation $6,404

Beds
6
Baths
5
Park
5
Sqft
2000-2500
DOM
6d
Score
16
Yield
3.8%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-N14090962
Beds-6
Bathrooms-5
Size-2000-2500 sqft
Lot Size-36.42 × 82.02 ft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,554.19 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60/90 Days
Neighbourhood-Vellore Village
Title-Residential Freehold

No agent assigned

A fantastic opportunity to own a updated, move-in-ready family home in Vellore Village! One of Vaughan's most desirable neighbourhoods! Located On A Quiet, Family-Friendly Street. Beautifully Updated 4+2 Bedroom, 5 Bathroom Home with welcoming and eye catching curb appeal! Extended stamped concrete driveway, stairs, side walkway and patio (2022). Upgraded throughout! Front Door (2022), Windows (2021) Insulated Garage Door (2022). An Impressive 18 Ft Entryway, that offers a bright open-concept layout. Hardwood Floors throughout main and second floor and pot lights throughout entire home. Kitchen updated in 2025, featuring quartz counter top, quartz backsplash, quartz breakfast island and large floor tiles. Stainless steel appliances and walk out to yard and patio. Patio door updated in 2022 with inserted blind. Additional deck in the backyard for a convenient BBQ area for entertaining. Family room with stone wall gas fireplace and crown moulding. Open concept living and dining area with hardwood floors. Hard wood staircase leading up to 4 spacious bedrooms. Bedrooms 2, 3 and 4 upgraded to hardwood flooring in 2022. Primary bedroom features a 5pcx en-suite, walk-in closet and additional 2nd closet. Laminate flooring throughout basement with 2 additional bedrooms and 2 4 piece bathrooms. One of the basement bedrooms features a 4 piece en-suite and walk-in closet. Two storage rooms in basement, a cold cellar and a cozy rec room. There is a provision with the city available to apply for a permit to make a separate entrance from the back of the house down into the basement. Parking for 6 cars. Furnace, AC and Roof (2015). Laundry room with direct access to garage. All bathrooms with timer switches and front light timer from dusk till dawn. Prime Location! Close to top-rated schools, Vaughan Mills, Parks, Vellore Village Com Centre, Shops and Restaurants, and Vaughan Hospital. Minutes to 400 and 407 and Vaughan Metro Centre Subway.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,103,999
Land Transfer Taxes$24,075
Legal Fees (Est.)
$
Total cash required for closing$301,575

Total Monthly Obligation

$6,404/mo
Mortgage $5,567
Monthly Loss $4,940
Principal$1,465
Interest$4,102
Property Tax$463
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.4/ 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
$52,968/yr
NOI
$37,617/yr
Net Cash Flow
-$2,432/mo
Cash Margin
-55.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.8/ 100

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

Comparables

Properties near 45 Skylark Drive

Time

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