34 Captain Armstrong Lane, Markham

$1,650,000
34 Captain Armstrong Lane

$1,650,000

Extension
67d
DetachedBungalow

34 Captain Armstrong Lane, Markham

Total Monthly Obligation $7,626

Beds
6
Baths
3
Park
4
Sqft
2000-2500
DOM
67d
Score
14
Yield
2.8%
Cash on Cash
-10.9%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-N13682944
Beds-6
Bathrooms-3
Size-2000-2500 sqft
Lot Size-60.64 × 145.94 ft
Listed on site-Aug 17, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,143 (2026)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-14/30/60/90
Neighbourhood-Sherwood-Amberglen
Title-Residential Freehold

No agent assigned

Welcome to this beautifully refreshed 2,098 sq. ft. all-brick bungalow, perfectly situated on a mature, tree-lined dead-end street in one of Markham's most desirable family-friendly neighborhoods. Offering 3+3 bedrooms, this spacious home combines comfortable everyday living with incredible flexibility for growing families, extended family, or future rental potential. The oversized eat-in kitchen features a pantry and convenient built-in desk area, creating the perfect hub for family meals, homework, and everyday life. The home has been thoughtfully refreshed with fresh paint throughout, new basement flooring, and a new roof-so you can move in and enjoy. Set on a generous 60' x 145' lot, the property is beautifully complemented by mature perennial gardens and an irrigation system. A welcoming double-door entry, double-car garage, and convenient garage access add to the home's functionality. And then there's the location! Captain Armstrong Lane is tucked away on a quiet, mature street while remaining close to some of Markham's highly regarded schools, including William Armstrong Public School, Reesor Park Public School, Franklin Street Public School (French Immersion), Markham District High School, and Bill Hogarth Secondary School. Transit, GO, shopping, restaurants, and local favorites are all just minutes away. The lower level offers excellent potential for a separate living space, with possibilities for a future basement apartment or in-law suite, subject to applicable approvals. Fresh. Spacious. Fabulous. Flexible. This is the home you've been waiting for-don't miss your opportunity to make it yours!

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

Closing Costs

Mortgage Amount
$1,320,000
Land Transfer Taxes$29,475
Legal Fees (Est.)
$
Total cash required for closing$360,975

Total Monthly Obligation

$7,626/mo
Mortgage $6,656
Monthly Loss $5,874
Principal$1,751
Interest$4,904
Property Tax$595
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.7%10
10-Year IRR
6.4%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$46,896/yr
NOI
$30,563/yr
Net Cash Flow
-$4,109/mo
Cash Margin
-105.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
13.8/ 100

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

Comparables

Properties near 34 Captain Armstrong Lane

Time

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