16 John Canning Way, Markham
Markham
$1,313,900
Cash flow, cap rate & mortgage breakdown
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Listed by MINTO REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
40
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 16 John Canning Way, a brand-new luxury traditional two-storey townhouse in Park & Main, one of Unionville's most sought-after communities by Minto Communities. Ideally situated just a short five-minute walk to Highway 7, this exceptional home offers unparalleled convenience with easy access to top-ranked public and secondary schools, the library, Unionville Main Street, Too Good Pond, parks, public transit, GO Train service, CF Markville Mall, Downtown Markham, York University, and a wide range of shopping, dining, and community amenities.Park & Main by Minto Communities represents an elevated approach to modern living, blending timeless architecture with understated elegance in the heart of Unionville's vibrant Main Street neighbourhood. This beautiful Sage 5E4 Elevation providing abundant natural light throughout the day.
MississaugaInvestor.ca
16 John Canning Way
Att/Row/Townhouse · 4bd/4ba · ~1,750 sqft
$1,313,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.5%
Monthly Cash Flow
-$4,408/mo
Estimated Rent
$3,900/mo
Cash-on-Cash
-18.33%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,900 |
| Mortgage | −$6,048 |
| Property Tax | −$745 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,095 |
| Vacancy (5%) | −$195 |
| Cash Flow | -$4,408/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,800 |
| Vacancy (5%) | −$2,340 |
| Property Tax | −$8,935 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,139 |
| Annual NOI | $19,686 |
| Cap Rate | 1.5% |
Cash Required to Close
| Down Payment (20%) | $262,780 |
| Ontario Land Transfer Tax | $22,753 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $288,533 |
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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