8 Ridgevale Drive, Markham

$2,999,900
8 Ridgevale Drive

$2,999,900

New
20d
DetachedBungalow

8 Ridgevale Drive, Markham

Total Monthly Obligation $13,375

HausQ Valuation Report
Beds
5
Baths
4
Park
10
Sqft
2000-2500
DOM
20d
Score
14
Yield
2.9%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N13858940
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-135 × 342.69 ft
Listed on site-Oct 3, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$10,790.9 (2026)
Parking-12 - Attached
Basement-Separate Entrance, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-60/90/120
Neighbourhood-Box Grove
Title-Residential Freehold

No agent assigned

Welcome to 8 Ridgevale Dr, Markham! A rare opportunity to own an exceptional 1+ acre property in the prestigious Box Grove community, backing onto the scenic Rouge River and surrounded by impressive multi-million-dollar estates.This spacious home features a stunning upgraded kitchen with a large quartz island and countertops, built-in KitchenAid gourmet appliances, Electrolux side-by-side refrigerator/freezer, warming drawer, built-in wine/drink cooler, and Faber range hood.Enjoy a wonderful combination of privacy, comfort, and outdoor living with a hot tub, inground pool, and security & surveillance system. With 3+2 bedrooms and 12 parking spaces, this property offers exceptional space and flexibility for families and future plans.Whether you choose to move in, renovate, or build your dream estate, this is a truly unique opportunity in one of Markham's desirable communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$2,399,920
Land Transfer Taxes$61,473
Legal Fees (Est.)
$
Total cash required for closing$662,953

Total Monthly Obligation

$13,375/mo
Mortgage $12,101
Monthly Loss $10,191
Principal$3,184
Interest$8,916
Property Tax$899
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.5/ 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
$86,400/yr
NOI
$62,469/yr
Net Cash Flow
-$6,895/mo
Cash Margin
-95.8%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 8 Ridgevale Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.