5247 Major Mackenzie Drive, Markham

$699,000
5247 Major Mackenzie Drive

$699,000

New
25d
Att/Row/Townhouse3-Storey

5247 Major Mackenzie Drive, Markham

Total Monthly Obligation $3,511

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
25d
Score
21
Yield
5.4%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.2%
Property Type-Att/Row/Townhouse
MLS® Number-N13836326
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-13.12 × 79.95 ft
Listed on site-Sep 28, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,800 (2026)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-30-60 Days
Neighbourhood-Berczy
Title-Residential Freehold

No agent assigned

FREE-HOLD TOWNHOUSE, WELL KEPT. OPEN CONCEPT, 3 BEDROOMS AND MASTER BEDROOM ENSUITE, THE FAMILY ROOM ALSO CAN CONVERT TO 4 BEDROOMS. LARGE WALK-OUT PATIO (3.50M x3.00M) FROM KITCHEN, LOCATED AT MAJOR MAC/MCCOWAN. FEW MINUTES DRIVE TO HIGHWAY 404. BEST SCHOOL ZONE. << STONEBRIDGE PUBLIC SCHOOL>> <<PIERRE ELLIOTT TRUDEAU HIGH SCHOOL. SPACIOUS BUILT IN GARAGE WITH PRIVATE DRIWAY CAN PARK 2 CARS. UNFINISHED 8 FEET HIGH BSMT, OPEN CONCEPT AND ROUGH IN 3PC WASHROOMS, S/S APPLIANCES. THE APPROXIMATE SQUARE FOOTAGE SHOUDL BE 1500-2000 SQ FT INSTEAD.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,511/mo
Mortgage $2,820
Monthly Loss $2,769
Principal$742
Interest$2,078
Property Tax$317
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.2%44
10-Year IRR
11.6%
Returns Index
23.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$37,560/yr
NOI
$25,504/yr
Net Cash Flow
-$694/mo
Cash Margin
-22.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
25.0/ 100

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

Comparables

Properties near 5247 Major Mackenzie Drive

Time

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Data last updated within the past 24 hours.