
174 Legends Way, Markham
Markham
$970,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by LANDSTARS 360 REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
60
Price Drop
8%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Estimated from market price-to-rent ratios
Remarks
Proud to introduce you this stunning Circa Carriage Townhome Phase II at the heart of Unionville neighborhood. Whether you are new comers in Town, wishing to secure a dream home to accommodate your lovlely family or looking for long term investment, I wish to elaborate more why this is a good choice for you. Circa Carriage Home I & II were designed and solidly built by Tridel, a reputable builder of more than 90 years of leadership in the industry. Coledale Public School from Jr Kindergarten to Grace 8, St Justin Martyr Catholic Elementary School and Unionville High school from Grade 9 to 12 are well-known to parents and are considered high-ranked schools among most in Markham. Convenient location with easy access to public transportation, Highway 404, VIVA, YRT. Close to all amenities, grocery stores, restaurants, parks, Churches, Cosco, First Markham Place, Downtown Markham, movie house, City of Markham and more. This lovely townhome itself features very high ceiling once you step in from the main entrance, at least 11 feet high providing cozy and airy environment in livng and dining area, a formal kitchen with breakfast area overlooking a roomy balcony, direct access to garage from house inside, the den above ground can be used as your working station or a cozy family entertainment room. A well-kept home with move in condition. Please note: Some photos may include virtual enhancements. Buyers are encouraged to view the property in person to assess actual conditions.
MississaugaInvestor.ca
174 Legends Way
Condo Townhouse · 3bd/3ba · ~1,900 sqft
$970,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.1%
Monthly Cash Flow
-$2,767/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-15.6%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$4,465 |
| Property Tax | −$550 |
| Insurance | −$225 |
| Condo Fee | −$424 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$2,767/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$6,596 |
| Insurance | −$2,700 |
| Condo Fee | −$5,088 |
| Annual NOI | $20,386 |
| Cap Rate | 2.1% |
Cash Required to Close
| Down Payment (20%) | $194,000 |
| Ontario Land Transfer Tax | $15,875 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $212,875 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.