7 Cummings Court, Markham

$1,699,000
7 Cummings Court

$1,699,000

Price Change
93d
Detached2-Storey

7 Cummings Court, Markham

Total Monthly Obligation $7,853

Beds
7
Baths
5
Park
4
Sqft
3000-3500
DOM
93d
Score
16
Yield
3.8%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-N13593302
Beds-7
Bathrooms-5
Size-3000-3500 sqft
Lot Size-15.03 × 33.39 ft
Listed on site-Jul 22, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,500 (2026)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Thornlea
Title-Residential Freehold

No agent assigned

Valleyview Living at Its Finest! Nestled on a quiet, family-friendly street in the prestigious Thornlea community, this exceptional home offers a rare blend of privacy, sophistication, and everyday functionality. Bright and welcoming principal rooms provide comfortable living and dining spaces, perfect for both everyday living and entertaining. Step outside to a fully fenced backyard featuring an interlocking patio, ideal for summer gatherings, outdoor dining, and relaxation.Generously sized bedrooms offer exceptional space and comfort for growing families. The finished basement adds remarkable versatility with additional bedrooms and a 3-piece bathroom, making it an ideal nanny or in-law suite, perfect for extended family living, guests, or recreation. A spacious driveway leads to a large double-car garage with automatic door opener, providing ample parking and convenience.Located in one of Markham's most sought-after neighborhoods, this home is within walking distance to St. Robert Catholic High School, consistently recognized as one of Ontario's top-ranked secondary schools, and is situated within the highly regarded school districts for Bayview Fairways Public School and Thornlea Secondary School. Enjoy unparalleled convenience just minutes from Highways 404 and 407, parks, shopping, grocery stores, restaurants, and all essential amenities. An exceptional opportunity to own a beautiful family home in a premier location.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,359,200
Land Transfer Taxes$30,455
Legal Fees (Est.)
$
Total cash required for closing$371,755

Total Monthly Obligation

$7,853/mo
Mortgage $6,853
Monthly Loss $6,050
Principal$1,803
Interest$5,050
Property Tax$625
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.7%
Returns Index
12.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$64,308/yr
NOI
$45,877/yr
Net Cash Flow
-$3,030/mo
Cash Margin
-56.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
14.6/ 100

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

Comparables

Properties near 7 Cummings Court

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.