
73 Stately Way, Markham
Markham
$699,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 ATRIA REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,750/mo
Estimated from market price-to-rent ratios
Remarks
* A sophisticated townhome is nestled in a renowned neighborhood with an attached single-car garage plus a private driveway *Experience this spacious fully renovated and meticulously maintained three-bedroom townhome offering an ideal combination of comfort style and functionality and implemented living *Featuring fresh neutral decor throughout the home showcases gleaming neutral wood floors and an inviting layout designed for both everyday living and entertaining *The remodeled kitchen is a standout which complete with granite countertops / stainless steel appliances and ample cabinetry and it seamlessly connects to the main living spaces * The upper levels are enhanced with quality wood floorings creating a cozy yet refined atmosphere and you'll find generously sized bedrooms enhances comfort while the renovated bathrooms boast modern finishes and thoughtful design*Additional upgrades and meticulous care throughout the home provide true move-in-ready convenience *Step out from the lower Family room to enjoy a backyard outdoor space ideal for relaxing or hosting *Ideally situated in a sought-after community this home offers exceptional access to premier schools/ parks/ community center / shopping/ public transit and bus@ door *Steps to HWY 407 & 404 major highways making it an excellent choice for families and commuters alike
MississaugaInvestor.ca
73 Stately Way
Condo Townhouse · 3bd/2ba · ~1,500 sqft
$699,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.09%
Monthly Cash Flow
-$2,002/mo
Estimated Rent
$2,750/mo
Cash-on-Cash
-15.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,750 |
| Mortgage | −$3,217 |
| Property Tax | −$396 |
| Insurance | −$225 |
| Condo Fee | −$776 |
| Vacancy (5%) | −$138 |
| Cash Flow | -$2,002/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,000 |
| Vacancy (5%) | −$1,650 |
| Property Tax | −$4,753 |
| Insurance | −$2,700 |
| Condo Fee | −$9,312 |
| Annual NOI | $14,585 |
| Cap Rate | 2.09% |
Cash Required to Close
| Down Payment (20%) | $139,800 |
| Ontario Land Transfer Tax | $10,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,255 |
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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