98 Chloe Crescent, Markham
Markham
$1,349,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE IGNITE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
A Rare Masterpiece of Design, Comfort, and Financial Opportunity! Step up to a home that truly stands out on the street. The front of the property features a custom-designed Arched Concrete Driveway, a premium architectural upgrade that offers both a sophisticated look and lasting durability. This isn't just a driveway and install exterior lighting all around the house enhanced brightness, safety and overall appearance of the property. It's a statement of quality that welcomes you home every single day. THE MAIN LIVING SPACE Inside, you will find a home that has been loved and meticulously maintained. The heart of the house features a well-maintained kitchen with plenty of space for family meals. The 2 nd floor offers four bright bedrooms, providing ample space for a growing family or a dedicated home office. THE BACKYARD RETREAT (Your Year-Round Oasis) Step through the back door and enter your private sanctuary. The backyard has been professionally designed for maximum enjoyment. Relax under the large Gazebo, strategically placed right beside the back door for easy access. It features a custom Arched Bench and a unique design that allows you to enjoy the outdoors during the beautiful summer months or even stay sheltered during the winter. It is the perfect spot for morning coffee or evening relaxation. THE INCOME ADVANTAGE (The Lower Level) The lower level offers incredible versatility and a major financial boost. This surprisingly painted basement is bright and inviting, featuring two additional bedrooms and modern, nice washrooms. With its own Separate Side Entrance, this space is perfectly set up as a high- quality rental suite. In this high-demand neighbourhood, this layout makes it exceptionally easy to rent out, providing you with significant extra income to help pay your mortgage! Don't miss this incredible opportunity to own a home that offers a luxury lifestyle and a smart investment all in one. Schedule your private tour today
MississaugaInvestor.ca
98 Chloe Crescent
Detached · 6bd/4ba · ~2,250 sqft
$1,349,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.85%
Monthly Cash Flow
-$3,007/mo
Estimated Rent
$5,595/mo
Cash-on-Cash
-12.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,595 |
| Mortgage | −$6,209 |
| Property Tax | −$764 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,124 |
| Vacancy (5%) | −$280 |
| Cash Flow | -$3,007/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$67,140 |
| Vacancy (5%) | −$3,357 |
| Property Tax | −$9,173 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,490 |
| Annual NOI | $38,420 |
| Cap Rate | 2.85% |
Cash Required to Close
| Down Payment (20%) | $269,800 |
| Ontario Land Transfer Tax | $23,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $296,255 |
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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