38 Augusta Drive Way, Markham

$1,299,000
38 Augusta Drive Way

$1,299,000

New
24d
Condo TownhouseBungaloft

38 Augusta Drive Way, Markham

Total Monthly Obligation $7,026

Bed+Den
4+1
Baths
4
Park
2
Sqft
2000-2249
DOM
24d
Score
16
Yield
4.6%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Townhouse
MLS® Number-N13842784
Bed+Den-4+1
Bathrooms-4
Size-2000-2249 sqft
Listed on site-Sep 29, 2026
Style-Bungaloft
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,200 (2026)
Maintenance-$1,152.46/mo
Locker-None
Parking-4 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-HERITAGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Wood
Possession-Immediate/30/45/60/90
Neighbourhood-Greensborough
Title-Residential Condo & Other

No agent assigned

The one you've been waiting for! This rarely offered Kingfisher model has the coveted 2 car garage, finished basement, loft and wonderfully private outdoor space, all wrapped up in a beautifully updated, move in ready home in Swan Lake Village. The Kingfisher is always a corner unit, with windows on three sides filling the home with natural light. The main level offers 1,685 sq. ft. of comfortable living space with soaring ceilings, skylights and an open layout that still offers defined rooms. The updated kitchen features stone counters, stylish backsplash, plenty of cabinetry and a bright breakfast area. Large windows with California shutters take full advantage of the corner location. The main floor primary bedroom includes a beautifully updated ensuite with double sinks and large glass shower. A second bedroom and full bathroom are also on the main level, along with convenient laundry and direct ramp access to the double garage. Everything you need for day to day living is on one level, with plenty of additional space when you want it. Upstairs, another 441 sq. ft. offers a bright, versatile loft overlooking the main floor, plus an additional bedroom and 3 piece bathroom, ideal for guests, an office or a quiet retreat. The finished basement adds even more usable living space, with a large recreation room, flexible bonus room, powder room and plenty of storage. Outside, the extended deck has been thoughtfully designed with privacy in mind. Surrounded by mature trees and landscaping, there's room for separate sitting and dining areas while still feeling remarkably tucked away. With its rare double garage, sought after Kingfisher layout, finished basement, loft, extensive updates and exceptional outdoor space, this is a hard to find combination of space, light, privacy and easy living. Nothing to do but move in and enjoy!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$7,026/mo
Mortgage $5,240
Monthly Loss $5,647
Principal$1,379
Interest$3,861
Property Tax$433
Condo Fees$1,152
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.6/ 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
$59,700/yr
NOI
$32,300/yr
Net Cash Flow
-$2,548/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.9/ 100

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

Comparables

Properties near 38 Augusta Drive Way

Time

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