173 Russell Jarvis Drive, Markham

$1,419,000
173 Russell Jarvis Drive

$1,419,000

New
9d
Detached2-Storey

173 Russell Jarvis Drive, Markham

Total Monthly Obligation $6,614

Beds
6
Baths
4
Park
3
Sqft
2500-3000
DOM
9d
Score
16
Yield
3.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-N14033876
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-39.37 × 111.55 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,176 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ANJIA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Unknown
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-Legacy
Title-Residential Freehold

No agent assigned

Welcome to 173 Russell Jarvis Drive, a beautifully updated home in the prestigious Legacy Golf Course community, offering the perfect blend of elegance, comfort, and functionality. Step through the impressive double-door entrance into a grand two-storey foyer highlighted by a stunning chandelier. The thoughtfully designed open-concept layout features spacious living, dining, and family rooms with oversized windows that fill the home with natural light. The main floor showcases smooth ceilings, pot lights, rich hardwood flooring, and a graceful circular staircase. The modern kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, a stylish backsplash, and ample workspace. Upstairs, you'll find four generously sized bedrooms, each offering excellent closet space. The spacious primary suite includes a luxurious upgraded ensuite with a Jacuzzi tub, while the upgraded second-floor bathroom features a quartz countertop for a refined finish. The professionally finished basement provides exceptional versatility with two additional bedrooms, a full bathroom, and a spacious recreation room-ideal for extended family, guests, a home office, or additional living space. Additional highlights include a professionally finished garage with durable epoxy flooring and fresh paint, newly landscaped front yard with elegant interlocking (2025), new furnace (2022), and new air conditioner (2025).Situated in one of the area's most desirable neighbourhoods, just moments from Legacy Golf Club, this exceptional home offers upscale living, outstanding convenience, and incredible pride of ownership-an outstanding opportunity for families seeking space, style, and a premier location.

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%
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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,135,200
Land Transfer Taxes$24,855
Legal Fees (Est.)
$
Total cash required for closing$310,155

Total Monthly Obligation

$6,614/mo
Mortgage $5,724
Monthly Loss $5,107
Principal$1,506
Interest$4,218
Property Tax$515
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%18
10-Year IRR
8.1%
Returns Index
10.1/ 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
$50,664/yr
NOI
$34,922/yr
Net Cash Flow
-$2,814/mo
Cash Margin
-66.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.3/ 100

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

Comparables

Properties near 173 Russell Jarvis 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.

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