14 Colborne Street, Markham
Markham
$1,298,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS REALTY CENTRES
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
19
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,000/mo
Estimated from market price-to-rent ratios
Remarks
For those drawn to the uncommon and inspired by history, art, and homes with soul, the Red Cottage offers something truly extraordinary. More than a residence, it is a living connection to Thornhill's storied past. A place where heritage, creativity, and individuality intersect.Nestled within Thornhill's treasured heritage district, this enchanting home is surrounded by tree-lined streets, picket fences, and lovingly preserved century residences that reflect a village dating back to the late 1700s. Once home to artists and landscapes that inspired members of the Group of Seven, Thornhill continues to attract those who value authenticity and the beauty of a life less ordinary.The Red Cottage itself seamlessly blends cozy heritage charm with thoughtful modern updates, creating warm and inviting spaces that honour its history while embracing contemporary living. Far removed from the predictable and cookie-cutter, this is a rare opportunity for buyers with a quirky sensibility and an appreciation for character, craftsmanship, and timeless design. Its versatile layout welcomes a variety of lifestyles, offering two bedrooms and a bathroom on the upper level, complemented by a main-floor bedroom and bathroom, as well as a flexible den ideal for welcoming guests, working from home, or creating the artist's studio you have always imagined.This is more than home ownership, it is an invitation to become part of Thornhill's living history, to embrace a community shaped by generations, and to enjoy a home as unique as those who will cherish it. Don't simply admire the past, live in it, celebrate it, and make it your own.
MississaugaInvestor.ca
14 Colborne Street
Detached · 4bd/2ba · ~1,750 sqft
$1,298,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.63%
Monthly Cash Flow
-$4,218/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-17.76%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$5,975 |
| Property Tax | −$736 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,082 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$4,218/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$8,826 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,980 |
| Annual NOI | $21,094 |
| Cap Rate | 1.63% |
Cash Required to Close
| Down Payment (20%) | $259,600 |
| Ontario Land Transfer Tax | $22,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,035 |
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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