116 Riverwalk Drive, Markham
Markham
$1,499,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 INNOVATIVE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
5
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Location1 !! Location !!! Location!!! Fabulous Premium Corner Lot. Welcome To 116 Riverwalk Drive with 2 Master Bed Room, No Carpet A Spacious And Beautifully Updated 4+3 Bedroom, 5 Bathroom Family Home Nestled In One Of Markham's Most Desirable And Established Neighborhoods. Offering Exceptional Space And Versatility, This Home Features A Finished Basement With Additional Bedrooms Ideal For Extended Family, Guests, Or Multi Generational Living Bsmnt 3 Bed with Separate entrance & Lots Of Storage Area .Natural GasLine For Bbq On 14X18 Ft Large Deck. Automatic Garage Door Openers .Central Vac, New Roof 2023, New Extended aggregated Driveway 2024. Reliance Heating System. 3 Ton Ac. Ruff in for Basement separate Laundry Wildlife Preventative Measures . Steps To Bus Stop , top graded Public School. Close To All Major Amenities,Transit, 407, Shopping, Comm Center, Hospital & Parks!
MississaugaInvestor.ca
116 Riverwalk Drive
Detached · 7bd/5ba · ~2,750 sqft
$1,499,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.74%
Monthly Cash Flow
-$3,476/mo
Estimated Rent
$6,050/mo
Cash-on-Cash
-12.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,050 |
| Mortgage | −$6,900 |
| Property Tax | −$849 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,249 |
| Vacancy (5%) | −$303 |
| Cash Flow | -$3,476/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$72,600 |
| Vacancy (5%) | −$3,630 |
| Property Tax | −$10,193 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,990 |
| Annual NOI | $41,087 |
| Cap Rate | 2.74% |
Cash Required to Close
| Down Payment (20%) | $299,800 |
| Ontario Land Transfer Tax | $26,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,255 |
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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