44 Prince Edward Boulevard, Markham

$2,960,000
44 Prince Edward Boulevard

$2,960,000

New
44d
Detached2-Storey

44 Prince Edward Boulevard, Markham

Total Monthly Obligation $13,498

Beds
6
Baths
6
Park
4
Sqft
3500-5000
DOM
44d
Score
14
Yield
3.0%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N13763706
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-56.14 × 182.01 ft
Listed on site-Sep 9, 2026
Style-2-Storey
Building Type-Detached
Taxes-$14,195 (2025)
Parking-6 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Electric)
Brokerage-RE/MAX REALTRON BARRY COHEN HOMES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thornlea
Title-Residential Freehold

No agent assigned

A rare ravine retreat in prestigious Thornlea, Markham, this exceptional family residence is set on a spectacular 56 182 ft ravine lot, offering remarkable privacy, generous living space, breathtaking treetop views and a resort-inspired backyard oasis designed for luxurious family living and entertaining. Renovated in 2017, this impressive 5+1 bedroom, 6-bathroom residence features hardwood flooring throughout the main & 2nd floors and a dramatic, soaring 2-storey foyer. The bright & spacious main level offers generous principal rooms, formal dining, private office, main-floor laundry & an inviting family room with a walkout to the newly resurfaced expansive terrace overlooking the lush ravine. The kitchen & breakfast area also enjoy serene backyard views with direct access to the terrace-perfect for outdoor dining & entertaining. The expansive primary retreat features a fireplace, sitting area, walk-in closet, spa-inspired 7-piece ensuite & private balcony overlooking the ravine.Three bedrooms feature private ensuite bathrooms, including one accessed by a secondary staircase-ideal for extended family, guests or those seeking additional privacy. The finished walk-out lower level offers an open-concept recreation & games area, Gym, wet bar with potential for a 2nd kitchen, nanny/guest bedroom, ample storage, separate entrance & direct backyard access. Enjoy a resort-inspired backyard oasis surrounded by mature trees & ravine greenery, complete with a heated inground pool, cabana & gazebo. Conveniently located near St. Robert Catholic HS, Thornlea SS, parks, shopping & amenities. Exceptional connectivity to Hwy 404 & 407, with convenient access to Toronto, Richmond Hill and major employment centres. A rare opportunity combining an exceptionally deep ravine lot, generous living space, privacy & convenience.

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

Closing Costs

Mortgage Amount
$2,368,000
Land Transfer Taxes$60,475
Legal Fees (Est.)
$
Total cash required for closing$653,975

Total Monthly Obligation

$13,498/mo
Mortgage $11,940
Monthly Loss $10,356
Principal$3,142
Interest$8,798
Property Tax$1,183
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.0%
Returns Index
7.6/ 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
$89,412/yr
NOI
$61,776/yr
Net Cash Flow
-$6,792/mo
Cash Margin
-91.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.9/ 100

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

Comparables

Properties near 44 Prince Edward Boulevard

Time

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