89 Promelia Court, Markham
Markham
$1,598,000
Cash flow, cap rate & mortgage breakdown
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Listed by BAY STREET INTEGRITY REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,300/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional 3,212 sq. ft. custom-designed residence in Markham's prestigious Rouge River Estates enclave. Perfectly situated near the end of a serene, low-traffic court and surrounded by mature forests, this property directly faces premium estate homes, offering unparalleled privacy and elegance. The main level greets you with an arched porch leading into a stunning 20-foot open-to-above foyer. It features traditional marble floor tiles and a grand solid oak curved staircase. The flowing layout leads into a sunken living room with decorative architectural columns. The entire home is freshly painted and upgraded with brand-new premium hardwood flooring on second floor. The location offers outstanding lifestyle convenience, within walking distance to schools, local parks, greenbelt trails, a golf course, and public transit, with rapid access to Highway 407. It is also just minutes by car to Markham Stouffville Hospital, the public library, community center, Costco, supermarkets, Home Depot, and Staples. This turn-key, well-appointed home is an exceptional market opportunity that should not be missed!
MississaugaInvestor.ca
89 Promelia Court
Detached · 4bd/4ba · ~3,250 sqft
$1,598,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.22%
Monthly Cash Flow
-$5,733/mo
Estimated Rent
$4,300/mo
Cash-on-Cash
-19.6%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,300 |
| Mortgage | −$7,355 |
| Property Tax | −$906 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,332 |
| Vacancy (5%) | −$215 |
| Cash Flow | -$5,733/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,600 |
| Vacancy (5%) | −$2,580 |
| Property Tax | −$10,866 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,980 |
| Annual NOI | $19,474 |
| Cap Rate | 1.22% |
Cash Required to Close
| Down Payment (20%) | $319,600 |
| Ontario Land Transfer Tax | $28,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $351,035 |
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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