47 Mohandas Drive, Markham

$1,750,000
47 Mohandas Drive

$1,750,000

New
4d
Detached2-Storey

47 Mohandas Drive, Markham

Total Monthly Obligation $8,228

Beds
7
Baths
6
Park
2
Sqft
3000-3500
DOM
4d
Score
15
Yield
3.1%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N14095162
Beds-7
Bathrooms-6
Size-3000-3500 sqft
Lot Size-40.08 × 116.15 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$9,524 (2025)
Parking-4 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-60 Days Flex.
Neighbourhood-Cedarwood
Title-Residential Freehold

No agent assigned

Welcome to 47 Mohandas Dr, a stunning 5-bed, 6-bath executive home in desirable Markham area. This executive residence boasts approximately 3500 sq ft of luxurious living space above grade, nestled amongst picturesque ravines and backing onto the prestigious Remington Golf Club. The open-concept design seamlessly connects the gourmet kitchen, featuring quartz counters and Wolf appliances, to the spacious family room with a cozy gas fireplace. Main-floor bedroom with an attached washroom and a huge walk-in closet offers convenience and privacy, while the upper level boasts a luxurious master retreat with a 5-piece ensuite and a large walk-in closet. Two additional bedrooms share a Jack & Jill 5-piece bathroom, and the fourth bedroom features its own private ensuite. The lower level features a legal basement apartment with a separate entrance, ideal for extended family or rental income. The exterior is equally impressive with professional landscaping and. Located in a prime Markham/Steeles area, this home is just minutes from top-ranked schools, 407, shopping centers, and restaurants.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,400,000
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$8,228/mo
Mortgage $7,059
Monthly Loss $6,370
Principal$1,858
Interest$5,201
Property Tax$794
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$54,912/yr
NOI
$35,397/yr
Net Cash Flow
-$4,109/mo
Cash Margin
-89.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 47 Mohandas Drive

Time

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