16 Pine Knoll Gate, Markham

$1,888,000
16 Pine Knoll Gate

$1,888,000

New
9d
Detached2-Storey

16 Pine Knoll Gate, Markham

Total Monthly Obligation $8,552

Beds
6
Baths
5
Park
5
Sqft
1500-2000
DOM
9d
Score
15
Yield
3.0%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-N14030888
Beds-6
Bathrooms-5
Size-1500-2000 sqft
Lot Size-22.2 × 119.6 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,730 (2025)
Parking-7 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PAUL ZAMMIT REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Bayview Fairway-Bayview Country Club Estates
Title-Residential Freehold

No agent assigned

A RARE TURNKEY SHOWPIECE! Extensively rebuilt & renovated top to bottom with over $700,000 + HST INVESTED IN RENOVATIONS & IMPROVEMENTS, this home offers APPROX 2500 SqFt of TOTAL LIVING SPACE, premium court location, privacy, luxury finishes & modern technology, with a sophisticated, efficient, comfortable & exceptionally quiet living environment. A pie-shaped lot backing onto parkland/green space creates a private retreat for relaxation & entertaining. Complete demolition/rebuild & structural modifications create an open-concept layout, subfloor replacement, electrical rewiring, 200 amp service, new plumbing, high-capacity HVAC & ductwork, upgraded insulation, new roof & exterior drainage. Custom ceiling, wall & corner detailing. Luxury finishes: custom cabinetry, quartz waterfall island, Cafe appliances, custom marble wet bar, 6'x3' Italian porcelain slabs with textured 3D finish, European engineered hardwood with 7ft-long planks to improve stability and reduce movement. Custom staircase with frameless glass railings. Audiophile-grade whole-home audio includes premium KEF in-ceiling speakers, multi-zone audio, dedicated home theatre/subwoofer wiring & premium concealed cabling. Finished walk-out basement features two self-contained in-law suites, each with its own entrance, kitchen, bedroom & 3-piece bath, plus shared laundry, ideal for multigenerational living, guests or income potential. Highlights: 5 bathrooms, custom millwork, motorized window coverings, heated floors & smart home features. Outdoors: completed stone walkways & patio, premium interlocking, professional landscaping, architectural lighting, composite deck with frameless glass railings & built-in Hydropool hot tub overlooking the private green setting. Steps to sought-after Bayview Fairways Public School, parks & amenities. Too many features & upgrades to list- see Feature Sheet for complete offering. An exceptional residence. A Must See!

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Closing Costs

Mortgage Amount
$1,510,400
Land Transfer Taxes$34,235
Legal Fees (Est.)
$
Total cash required for closing$413,335

Total Monthly Obligation

$8,552/mo
Mortgage $7,616
Monthly Loss $6,547
Principal$2,004
Interest$5,612
Property Tax$561
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.1%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$56,400/yr
NOI
$39,530/yr
Net Cash Flow
-$4,322/mo
Cash Margin
-91.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.4/ 100

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

Comparables

Properties near 16 Pine Knoll Gate

Time

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