
43 Colchester Street, Markham
Markham
$1,350,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS COMPLETE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
32
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Exceptional Income-Generating Detached Home with Coach House in Prestigious Cornell, Markham! A rare investment opportunity offering multiple income-generating possibilities. This beautifully maintained detached home features a fully self-contained coach house, ideal for homeowners seeking strong rental income, a valuable mortgage helper, multigenerational living, or flexible dual-living arrangements. Situated on a premium lot with parking for 3 vehicles (double garage + 1 driveway), this remarkable property offers approximately 2,000 sq. ft. (Main +Coach) living space, plus additional income potential from the coach house and future basement development.The property features 9-ft ceilings, a bright open-concept layout, elegant finishes, and spacious living and dining areas centered around a cozy fireplace. Enjoy a large front porch veranda and a professionally designed 3-tier deck with interlocking brick patio and gas BBQ hookup at the backyard for entertainment and gatherings. Offering 4 spacious bedrooms and 4 bathrooms (3 in main house, 1 in coach house), this home is ideal for growing families. Additional highlights include a large cold cellar with unfinished basement, ready for future customization. With minor modifications, the existing separate entrance can provide private basement access, creating potential for an additional income-producing suite.The fully self-contained coach house features its own private entrance, kitchen, bathroom, laundry, and separate living space-perfect for extended family/ for stable income generation. Projected rental income of approximately $1,800/month($ 21,600 Annually) makes it an excellent mortgage helper.Includes a full set of appliances for both the main house and coach house. Ideally located near top-ranking schools, parks, trails, Markham Stouffville Hospital, Cornell Community Centre, Mount Joy GO Station, and Highway 407. An excellent opportunity of investment with remarkable returns.
MississaugaInvestor.ca
43 Colchester Street
Detached · 4bd/4ba · ~2,250 sqft
$1,350,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.38%
Monthly Cash Flow
-$3,541/mo
Estimated Rent
$5,040/mo
Cash-on-Cash
-14.33%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,040 |
| Mortgage | −$6,214 |
| Property Tax | −$765 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,125 |
| Vacancy (5%) | −$252 |
| Cash Flow | -$3,541/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,480 |
| Vacancy (5%) | −$3,024 |
| Property Tax | −$9,180 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,500 |
| Annual NOI | $32,076 |
| Cap Rate | 2.38% |
Cash Required to Close
| Down Payment (20%) | $270,000 |
| Ontario Land Transfer Tax | $23,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $296,475 |
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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