
LPH9- 62 Suncrest Boulevard, Markham
Markham
$968,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
3
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Penthouse-Style Living With House-Sized Space, Breathtaking Views, And An Unbeatable Location! This Rarely Offered 1,917 Sq. Ft. Lower Penthouse Corner Suite Boasts Stunning, Unobstructed S/E Views. Enter Through Grand Double Doors Into A Freshly Painted (2026) Suite Featuring 9 Foot Ceilings, Rich Hardwood Floors, And Elegant Crown Moulding Throughout. Large Windows Flood The Home With Natural Light, Enhancing The Open And Airy Atmosphere. Fully Equipped Kitchen Features A Generous Breakfast Area Overlooking The Large Private Terrace-Perfect For Morning Coffee Or Hosting Guests. Oversized Primary Retreat Offers Ultimate Comfort With A Large Walk-In Closet And Spa-Inspired 6 Pc Ensuite Bath. The 2nd Bedroom Enjoys Easy Access To Its Own Adjacent 4-Piece Bath, And For Extra Convenience- A Separate Powder Room For Guests. Perfect For Discriminating Clients Seeking A Meticulously Managed And Peaceful Building Tucked Away In A Truly Prime Markham Location. This Rare Corner Unit Offers A Quiet, High-End Living Experience While Remaining Steps From Every Modern Amenity. Built By The Renowned Times Group, This Residence Was Thoughtfully Reconfigured From Its Original 3-Bedroom Layout Into 2 Expansive Bedrooms And 3 Bathrooms, Creating A Truly Luxurious Living Experience.Additional Highlights Include Two Side-By-Side Parking Spaces And A Large Storage Locker.Ideally Located Steps From Shops, Restaurants, Transit, And Highway 404. With The New T&TSupermarket Opening Nearby And Inclusion In The Top-Ranked St. Robert Catholic High SchoolDistrict, This Exceptional Home Delivers Sophisticated Living In One Of The Area's Most Vibrant Locations.
MississaugaInvestor.ca
LPH9- 62 Suncrest Boulevard
Condo Apartment · 2bd/3ba · ~1,900 sqft
$968,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.01%
Monthly Cash Flow
-$4,452/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-25.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$4,456 |
| Property Tax | −$549 |
| Insurance | −$225 |
| Condo Fee | −$1,739 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$4,452/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$6,582 |
| Insurance | −$2,700 |
| Condo Fee | −$20,868 |
| Annual NOI | $60 |
| Cap Rate | 0.01% |
Cash Required to Close
| Down Payment (20%) | $193,600 |
| Ontario Land Transfer Tax | $15,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $212,435 |
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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