
12 Nigh Drive, Markham
Markham
$1,749,999
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
5
Days on Market
17
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
Welcome to 12 Night Drive, located in the prestigious Middlefield community of Markham! This stunning luxury home features 6 spacious bedrooms, 5 bathrooms, 8-foot doors, and over3,375sq. ft. of elegant living space. Built by Victory Green Development, this exceptional property offers over $300,000 in premium upgrades. Step inside through the covered porch and grand double-door entrance to discover 10-footceilings, upgraded hardwood flooring throughout the main and second floors, custom-stained oak staircases, and brand-new zebra blinds. The modern chef-inspired kitchen is perfect for entertaining, featuring quartz countertops, an extended centre island, a stylish backsplash, undermount and square sinks, additional cabinetry, and brand-new stainless-steel appliances. Retreat to one of the six generously sized bedrooms, complemented by five beautifully finished bathrooms with quartz countertops. The unfinished basement offers endless possibilities, complete with a separate side entrance and rough-ins, making it ideal for customization or future income potential. Situated in a quiet, family-friendly neighbourhood, this home is conveniently close to everyday amenities including Costco, Home Depot, grocery stores, Markville Mall, restaurants, shopping centres, and the Aaniin Community Centre, with quick access to Highway 407. Public transit is easily accessible, with a new TTC bus route just minutes away. Families will appreciate being near highly ranked schools such as Middlefield Collegiate Institute, Bill Hogarth Secondary School, Milliken Mills High School, and Unionville High School. This home offers the perfect blend of luxury, comfort, and convenience-don't miss this incredible opportunity!
MississaugaInvestor.ca
12 Nigh Drive
Detached · 6bd/5ba · ~3,250 sqft
$1,749,999
Cash-Flow Report · August 2, 2026
Cap Rate
2.17%
Monthly Cash Flow
-$4,892/mo
Estimated Rent
$6,145/mo
Cash-on-Cash
-15.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,145 |
| Mortgage | −$8,055 |
| Property Tax | −$992 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,458 |
| Vacancy (5%) | −$307 |
| Cash Flow | -$4,892/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$73,740 |
| Vacancy (5%) | −$3,687 |
| Property Tax | −$11,900 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$17,500 |
| Annual NOI | $37,953 |
| Cap Rate | 2.17% |
Cash Required to Close
| Down Payment (20%) | $349,999.8 |
| Ontario Land Transfer Tax | $31,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $384,474.8 |
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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