6 King Richard Court, Markham
Markham
$960,000
Cash flow, cap rate & mortgage breakdown
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Listed by PAUL ZAMMIT REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
3
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,500/mo
Estimated from market price-to-rent ratios
Remarks
Stunning fully renovated freehold semi-detached home in the heart of Markham, situated on a generous 39.52' x 102.5' lot in a sought-after, mature neighbourhood surrounded by prestigious multi-million-dollar residences and within the highly ranked Markville School District. Beautifully transformed from top to bottom with premium-quality materials, modern finishes, and exceptional craftsmanship, this move-in ready home offers bright and functional living spaces, a spacious chef-inspired eat-in kitchen with high-end finishes, three full bathrooms, and refined details throughout. A versatile den offers excellent potential to create a fourth bedroom with the simple addition of a closet. Enjoy a spectacular private backyard with two walkouts, professional landscaping, mature fruit trees, lush greenery, and a large custom-built deck, perfect for entertaining, relaxing, and enjoying summer evenings with family and friends. Unbeatable location close to Milne Dam Conservation Park Trails, Markville Mall, Markham Main Street, parks, restaurants and Highway 407. A rare turnkey opportunity offering luxury upgrades, outstanding outdoor living, and an exceptional location in the heart of Markham. *OPEN HOUSE SAT & SUN 2-4 P.M.**
MississaugaInvestor.ca
6 King Richard Court
Semi-Detached · 4bd/3ba · ~1,300 sqft
$960,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.2%
Monthly Cash Flow
-$2,663/mo
Estimated Rent
$3,500/mo
Cash-on-Cash
-15.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,500 |
| Mortgage | −$4,419 |
| Property Tax | −$544 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$800 |
| Vacancy (5%) | −$175 |
| Cash Flow | -$2,663/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,000 |
| Vacancy (5%) | −$2,100 |
| Property Tax | −$6,528 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,600 |
| Annual NOI | $21,072 |
| Cap Rate | 2.2% |
Cash Required to Close
| Down Payment (20%) | $192,000 |
| Ontario Land Transfer Tax | $15,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $210,675 |
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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