
133- 8 Cedarland Drive, Markham
Markham
$1,248,800
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
99
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Brand New Never Lived-in Townhouse Located in the prestigious heart of Unionville, this stunning three-bedroom townhouse at Vendome Markham offers a rare combination of luxury, privacy, and the 24-hour security of a premier condominium. Spanning 1,419 square feet of functional living space, the home features a bright, open-concept main floor with soaring 12-foot ceilings and a chef-inspired kitchen equipped with a gas stove, high-end Miele appliances, and quartz countertops. A standout feature is the main floor bedroom with full bathroom access, providing a perfect solution for those looking to have the option of avoiding stairs. The interior is finished to the highest standard with smooth ceilings, pot lights, and premium plank flooring throughout. Residents will enjoy multiple private outdoor retreats, including ground-floor patio facing the park, a second-floor Juliet balcony, and a dedicated primary bedroom terrace. Additional conveniences include a temperature-controlled storage locker and a location that places you minutes from top-ranked Unionville High School, York University, and the historic charm of Main Street Unionville, with effortless access to Highways 407 and 404.This townhouse won't last long! Just move in and decorate!
MississaugaInvestor.ca
133- 8 Cedarland Drive
Condo Townhouse · 3bd/3ba · ~1,500 sqft
$1,248,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.5%
Monthly Cash Flow
-$4,193/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-18.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$5,748 |
| Property Tax | −$708 |
| Insurance | −$225 |
| Condo Fee | −$694 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$4,193/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$8,492 |
| Insurance | −$2,700 |
| Condo Fee | −$8,328 |
| Annual NOI | $18,670 |
| Cap Rate | 1.5% |
Cash Required to Close
| Down Payment (20%) | $249,760 |
| Ontario Land Transfer Tax | $21,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $274,211 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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