22 Pining Road, Markham

$1,598,000
22 Pining Road

$1,598,000

New
21d
Detached2-Storey

22 Pining Road, Markham

Total Monthly Obligation $7,486

Beds
6
Baths
4
Park
4
Sqft
2000-2500
DOM
21d
Score
16
Yield
3.8%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-N13856832
Beds-6
Bathrooms-4
Size-2000-2500 sqft
Lot Size-45.4 × 110.12 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$7,976.17 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible 30/60 Days
Neighbourhood-Aileen-Willowbrook
Title-Residential Freehold

No agent assigned

Welcome to 22 Pining Rd, a spacious and beautifully maintained family home back onto a park with no direct rear neighbour and no sidewalk in a desirable Aileen Willowbrook Thornhill neighbourhood, offering an exceptional blend of comfort, functionality, and outdoor enjoyment.This impressive residence features 4 spacious bedrooms on the upper levels plus 2 additional bedrooms in the finished basement, providing versatile space for a large or growing family, extended family, guests, or a home office.The thoughtfully designed layout includes 4 bathrooms, with elegant granite countertops in the kitchen and all bathrooms. The kitchen is equipped with stainless steel appliances, complemented by LED pot lights throughout the home. Enjoy the convenience of main-floor laundry, a cozy wood-burning fireplace, and a beautiful hardwood staircase with wrought-ironpickets. The finished basement provides additional living space and flexibility for a variety of needs.A double-car garage adds everyday convenience, while the exceptional backyard backs directly onto a park, creating a peaceful and private setting with lovely green surroundingsIdeally located close to high-ranking schools, parks, shopping, restaurants, transit, and major highways, this home offers generous living space in a well-established Markham community. A wonderful opportunity to own a spacious family home with numerous desirable features and a rare park-facing backyard setting.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,278,400
Land Transfer Taxes$28,435
Legal Fees (Est.)
$
Total cash required for closing$349,535

Total Monthly Obligation

$7,486/mo
Mortgage $6,446
Monthly Loss $5,789
Principal$1,696
Interest$4,750
Property Tax$665
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 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
$61,116/yr
NOI
$42,528/yr
Net Cash Flow
-$2,902/mo
Cash Margin
-57.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.8/ 100

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

Comparables

Properties near 22 Pining Road

Time

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Data last updated within the past 24 hours.