106 Legends Way, Markham
Markham
$1,199,000
Cash flow, cap rate & mortgage breakdown
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Listed by FENGHILL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,650/mo
Estimated from market price-to-rent ratios
Remarks
A rare opportunity to own the largest , brightest, and one of only two executive End-Unit Townhome in an exclusive Tridel enclave in Prestigious Unionville! With approximately 2769 sqf living space, offering an expansive layout, south-facing residence enjoys unobstructed views, oversized windows, soaring 11up ft ceilings in the main living area, 9 ft ceilings in all second-floor bedrooms, and a dramatic high-ceiling family room that creates an airy, inviting space for everyday living and entertaining. The gourmet kitchen is equipped with high-end appliances and complemented by elegant finishes. Rich hardwood flooring, classic crown mouldings, and a cozy gas fireplace add warmth and timeless sophistication throughout the home. Featuring 3+1 bedrooms and 4 bathrooms, the flexible layout includes a private lower-level suite ideal for guests, extended family, a nanny, or a home office. A private 2-car garage adds everyday convenience. Perfectly positioned in the heart of Unionville, just minutes from top-ranking schools, parks, VIVA transit, Costco, First Markham Place, Downtown Markham, restaurants, shopping, and Highway 404-bringing every amenity within easy reach. Maintenance fees include water, landscaping, snow removal, building insurance, and exterior maintenance, allowing for a truly low-maintenance, worry-free, turnkey lifestyle. This home perfectly blends style, comfort, and functionality for families at every stage of life, don't miss it!
MississaugaInvestor.ca
106 Legends Way
Condo Townhouse · 4bd/4ba · ~2,875 sqft
$1,199,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.87%
Monthly Cash Flow
-$3,646/mo
Estimated Rent
$3,650/mo
Cash-on-Cash
-16.62%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,650 |
| Mortgage | −$5,519 |
| Property Tax | −$679 |
| Insurance | −$225 |
| Condo Fee | −$690 |
| Vacancy (5%) | −$183 |
| Cash Flow | -$3,646/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,800 |
| Vacancy (5%) | −$2,190 |
| Property Tax | −$8,153 |
| Insurance | −$2,700 |
| Condo Fee | −$8,280 |
| Annual NOI | $22,477 |
| Cap Rate | 1.87% |
Cash Required to Close
| Down Payment (20%) | $239,800 |
| Ontario Land Transfer Tax | $20,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,255 |
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
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