
145 Drakefield Road, Markham
Markham
$1,099,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
24
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
Backs onto Milne Conservation Area. Sides onto Cosburn Park. Fronts onto a quiet cul-de-sac. Offered for the first-time since 1967, a setting like this is extraordinarily rare in Markham and virtually impossible to replicate. With only one neighbouring home, this exceptionally private setting overlooks protected greenspace framed by mature trees and local wildlife - a true nature retreat in the heart of Markham. Located within the school catchment of top-ranked Roy Crosby PS and Markville SS. Situated on a generous lot, this beautifully cared-for and tastefully updated 3-bedroom side-split offers a finished basement and a thoughtfully designed two-story addition overlooking 305 acres of parkland with scenic trails along the Rouge River. The original single-car garage has been converted into valuable additional living space, increasing the home's flexibility, while an attached carport ensures convenient covered parking, with a storage/utility room located just beyond. Entrenched in greenspace, yet just minutes Markville Mall, Unionville Main Street, grocery stores, diverse restaurants, Hwy 407, Hwy 7, Markham GO Station,and transit. 200 AMP service (Electric or hybrid car friendly). Sewer line to street updated in 2021. Move in and start making memories, or personalize to suit your vision and taste.
MississaugaInvestor.ca
145 Drakefield Road
Detached · 3bd/2ba · ~1,750 sqft
$1,099,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.65%
Monthly Cash Flow
-$3,546/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-17.64%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$5,059 |
| Property Tax | −$623 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$916 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$3,546/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$7,473 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,990 |
| Annual NOI | $18,167 |
| Cap Rate | 1.65% |
Cash Required to Close
| Down Payment (20%) | $219,800 |
| Ontario Land Transfer Tax | $18,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,255 |
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.