101 Settlement Park Avenue, Markham

$999,000
101 Settlement Park Avenue

$999,000

New
23d
Detached2-Storey

101 Settlement Park Avenue, Markham

Total Monthly Obligation $4,817

Beds
5
Baths
4
Park
1
Sqft
1500-2000
DOM
23d
Score
17
Yield
4.0%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-N13846298
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-26.25 × 111.55 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,949.96 (2026)
Parking-3 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PRIME PROPERTIES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Rolled
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Welcome to Original Cornell Village, where charming streetscapes, front porches and a true neighbourhood feel make this one of Markham's most recognizable communities. This detached brick home offers plenty of space, a functional layout and several important updates, along with an opportunity to add your own style and finishing touches.A welcoming front porch leads into A. 2-story foyer, beyond which lies the formal living and dining room with hardwood floors. The upgraded kitchen features glass-front cabinetry, granite countertops and stainless steel appliances. The adjoining family room offers hardwood flooring and a comfortable gathering space. A convenient main-floor laundry/mudroom provides direct access to the backyard, and the powder room rounds out the perfect main floor layout. Upstairs are three bedrooms and two renovated bathrooms. The large primary suite includes a walk-in closet and 4-piece bathroom with soaker tub, new vanity, and shower. The main bathroom has been completely renovated and has a glass shower and handheld bidet sprayer. The finished basement adds flexibility with a recreation room, office nook, three-piece bathroom and cold room, plus two separate rooms with mirrored-door closets-ideal for guests, a home gym, additional office space, hobbies or storage.Outside, enjoy a generous backyard with a concrete patio and lawn, plus a detached two-car brick garage with an epoxy-painted floor. Walk to Cornell Village Public School and Bill Hogarth Secondary School, with parks, trails and playgrounds throughout the neighbourhood. Close to Cornell Community Centre and Library, Markham Stouffville Hospital, Cornell Bus Terminal and transit. Highway 7 and Highway 407 are minutes away, along with the shops and restaurants of Main Street Markham, with Markville Mall just a quick drive away.A great opportunity to get into Original Cornell and make a well-sized detached home your own.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,817/mo
Mortgage $4,030
Monthly Loss $3,757
Principal$1,060
Interest$2,969
Property Tax$412
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%20
10-Year IRR
8.6%
Returns Index
11.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,636/yr
NOI
$26,222/yr
Net Cash Flow
-$1,844/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.3/ 100

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

Comparables

Properties near 101 Settlement Park Avenue

Time

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