
93 William Honey Crescent, Markham
Markham
$1,025,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 INNOVATIVE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Imagine being able to walk your kids to school in the morning, watch them ride their bikes to the park after dinner, and still be minutes from shopping, restaurants, transit, and major highways. That's the lifestyle this beautifully maintained 4+1 bedroom family home offers in Markham's highly desirable Middlefield community.Set on a quiet, family-oriented street, this home features spacious living/dining/family rooms, a functional layout, and plenty of room for a growing family. The main floor offers separate living, dining, and family spaces, while upstairs you'll find four generously sized bedrooms plus an open den that's perfect for a home office, study area, reading nook, or kids' homework station. The finished basement, complete with a separate entrance, bedroom, full bathroom, and kitchenette, provides incredible flexibility for extended family, overnight guests, or multi-generational living.Location is where this home truly shines. Armadale Public School is just steps away, making those hectic morning drop-offs a thing of the past. The neighbourhood park is a short stroll from your front door, giving children a safe place to play, explore, ride their bikes and enjoy the outdoors. TTC service is within walking distance, while nearby plazas, grocery stores, restaurants, coffee shops, and everyday conveniences are all just minutes away. Commuters will love the quick access to Highways 407 and 401, connecting you seamlessly across the GTA. This is the kind of neighbourhood where kids play outside, neighbours know each other, and families create lasting memories. Combining generous living space, a versatile layout, and an unbeatable family-friendly location, this is a rare opportunity to put down roots in one of Markham's most established and desirable communities. A rare opportunity to own a spacious family home in a location that truly has it all.
MississaugaInvestor.ca
93 William Honey Crescent
Detached · 5bd/3ba · ~1,750 sqft
$1,025,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.5%
Monthly Cash Flow
-$1,733/mo
Estimated Rent
$4,890/mo
Cash-on-Cash
-9.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,890 |
| Mortgage | −$4,718 |
| Property Tax | −$581 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$854 |
| Vacancy (5%) | −$245 |
| Cash Flow | -$1,733/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,680 |
| Vacancy (5%) | −$2,934 |
| Property Tax | −$6,970 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,250 |
| Annual NOI | $35,826 |
| Cap Rate | 3.5% |
Cash Required to Close
| Down Payment (20%) | $205,000 |
| Ontario Land Transfer Tax | $16,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $224,975 |
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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