47 Elson Street, Markham
Markham
$1,099,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
4
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 47 Elson St! Beautifully Renovated Detached 2-Storey Home In A Highly Sought-After Markham Neighbourhood! This Spacious Home Features 4 Generously Sized Bedrooms, 4 Full Bathrooms, And A Functional Layout Perfect For Growing Families. Finished Basement With 2 Bedrooms, Large Kitchen, Laundry, And Separate Entrance Offers Excellent In-Law Suite Or Rental Income Potential. Spacious Primary Bedroom Features A Walk-In Closet And Updated Ensuite. Modern Eat-In Kitchen Boasts Quartz Countertops, Oversized Centre Island, Stainless Steel Appliances, And Ample Cabinetry. Hardwood Flooring, Oak Staircase, And Pot Lights Throughout. Main Floor Family Room Can Easily Be Converted Into An Additional Bedroom With Closet And Access To A Full Bathroom. Professionally Finished Stone Interlock Driveway And Numerous Upgrades Throughout. Prime Location Close To Walmart, Costco, Home Depot, Banks, Grocery Stores, Restaurants, Shopping, Schools, Parks, Transit, And Just Minutes To Highways 401 & 407. A Fantastic Move-In Ready Home Offering Space, Style, And Income Potential!
MississaugaInvestor.ca
47 Elson Street
Detached · 6bd/4ba · ~2,250 sqft
$1,099,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.52%
Monthly Cash Flow
-$1,840/mo
Estimated Rent
$5,245/mo
Cash-on-Cash
-9.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,245 |
| Mortgage | −$5,059 |
| Property Tax | −$623 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$916 |
| Vacancy (5%) | −$262 |
| Cash Flow | -$1,840/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$62,940 |
| Vacancy (5%) | −$3,147 |
| Property Tax | −$7,473 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,990 |
| Annual NOI | $38,630 |
| Cap Rate | 3.52% |
Cash Required to Close
| Down Payment (20%) | $219,800 |
| Ontario Land Transfer Tax | $18,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,255 |
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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