22 Thurgate Crescent, Markham
Markham
$2,099,990
Cash flow, cap rate & mortgage breakdown
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Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
32
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 22 Thurgate, an exceptional open-concept family home on a premium ravine lot in the highly sought-after German Mills community. Freshly painted with a newly installed fence, this beautifully updated home features engineered hardwood flooring throughout the main and upper levels, a built-in sound system, and a spacious living room with a gas fireplace. The gourmet kitchen showcases a stunning 10' quartz island, while walkouts from the living room, primary bedroom, office, and finished basement provide seamless indoor-outdoor living.The finished basement includes a home gym and sauna. Step outside to your private backyard oasis with an in-ground pool, tiered patios, treehouse, fishpond, and tranquil ravine setting. Additional highlights include an upgraded 200-amp electrical panel and Tesla Wall Charger.Ideally located just steps to top-rated schools, parks, shopping, transit, and all amenities. Includes all existing light fixtures, built-in sound system, fridge, stove, dishwasher, microwave, washer, dryer, pool & equipment, garage door opener with remotes, alarm system, and window coverings.
MississaugaInvestor.ca
22 Thurgate Crescent
Detached · 4bd/3ba · ~2,750 sqft
$2,099,990
Cash-Flow Report · August 1, 2026
Cap Rate
0.82%
Monthly Cash Flow
-$8,224/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-21.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$9,666 |
| Property Tax | −$1,190 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,750 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$8,224/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$14,280 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$21,000 |
| Annual NOI | $17,310 |
| Cap Rate | 0.82% |
Cash Required to Close
| Down Payment (20%) | $419,998 |
| Ontario Land Transfer Tax | $38,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $461,973 |
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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