5 Melia Lane, Vaughan

$949,000
5 Melia Lane

$949,000

New
3d
Att/Row/Townhouse2-Storey

5 Melia Lane, Vaughan

Total Monthly Obligation $4,540

Beds
3
Baths
4
Park
1
Sqft
1100-1500
DOM
3d
Score
18
Yield
4.3%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Att/Row/Townhouse
MLS® Number-N14097018
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-18.34 × 153.54 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$4,042.28 (2026)
Parking-2 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex Closing
Neighbourhood-Vellore Village
Title-Residential Freehold

No agent assigned

Discover recently renovated interiors and inviting outdoor living at 5 Melia Lane, a premium freehold townhouse offering 1,399 sqft. above grade, 3 bedrooms, 4 bathrooms and parking for 2, including a detached garage, in Vaughan's desirable Vellore Village. A spacious front porch welcomes you inside, where hardwood spans the main living areas and second level, complemented by ceramic tile in the foyer, kitchen and breakfast nook. Picture-style bay windows overlook the porch from the bright living room, seamlessly combined with the dining area. The kitchen features newer stainless steel appliances, stainless steel sink and ceramic backsplash, while the breakfast nook opens to an interlock patio and spacious, fully fenced backyard, perfect for outdoor enjoyment with convenient rear access to parking. A powder room adds everyday convenience. Upstairs, the primary bedroom showcases front-facing bay windows, a walk-in closet and a 4-piece ensuite with a separate soaker tub, glass walk-in shower and built-in vanity. Two additional bedrooms overlook the backyard and offer generous closets with organizers, while another 4-piece bathroom completes this level. The finished, open-concept basement extends the living space with vinyl flooring, pot lights, a combined recreation and laundry area, built-in speakers for home entertainment and a 3-piece bathroom with a glass walk-in shower. Enjoy nearby Mackenzie Glen District Park, North Maple Regional Park's outdoor sports facilities, and Maple and Vellore Village Community Centres. Local schools include Teston Village Public School, Mackenzie Glen Public School, St. Joan of Arc Catholic High School and Maple High School. Shopping, dining and attractions abound at Mackenzie Square, SmartCentres Vaughan, Vaughan Mills, Canada's Wonderland and Reptilia Zoo, with Cortellucci Vaughan Hospital also nearby. Access to YRT/Viva, TTC, Züm public transit lines & Maple GO Station. Close to Highway 400 for convenient GTA commuting.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,540/mo
Mortgage $3,828
Monthly Loss $3,533
Principal$1,007
Interest$2,821
Property Tax$337
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$41,052/yr
NOI
$28,405/yr
Net Cash Flow
-$1,461/mo
Cash Margin
-42.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.6/ 100

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

Comparables

Properties near 5 Melia Lane

Time

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