23 Forest Park Crescent, Markham

$1,898,000
23 Forest Park Crescent

$1,898,000

New
8d
Detached2-Storey

23 Forest Park Crescent, Markham

Total Monthly Obligation $8,852

Beds
4
Baths
4
Park
6
Sqft
2500-3000
DOM
8d
Score
14
Yield
3.1%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N14081142
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-60.68 × 140.08 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,846 (2025)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 MYPRO REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30/60/90
Neighbourhood-Royal Orchard
Title-Residential Freehold

No agent assigned

**Rare Offering In The Amazingly Quiet Pomona Mills Community** Situated on a quiet crescent, this warm and spacious 2-storey family home offers over 3,000 sq ft of living space on an impressive **60.68 ft wide by 183.38 ft deep lot**. Long driveway parks 6 cars. No sidewalk! A charming covered front porch welcomes you into a bright and inviting home, setting the tone for the warmth and comfort throughout. A fantastic, functional layout with generous principal rooms and incredible potential to make it your own. The large kitchen overlooks the family room, which features a walk-out to the private backyard - perfect for entertaining and family gatherings. Separate dining room ideal for hosting guests, plus a spacious living room that offers plenty of flexibility for your lifestyle. A central spiral staircase leads to the second floor, where **4 generously sized bedrooms** provide comfort for the whole family. Enjoy a large private garden and peaceful backyard in one of the area's most sought-after neighborhoods. Steps to golf course, great schools, parks, walking trails, library, arena, tennis courts and Thornhill Community Centre. Convenient access to the subway via express Yonge Street Viva bus, with Hwy 407 only minutes away. A rare opportunity in Pomona Mills - homes like this do not come available often. A must-see!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,518,400
Land Transfer Taxes$34,435
Legal Fees (Est.)
$
Total cash required for closing$415,535

Total Monthly Obligation

$8,852/mo
Mortgage $7,656
Monthly Loss $6,837
Principal$2,015
Interest$5,641
Property Tax$821
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.3/ 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
$58,848/yr
NOI
$38,617/yr
Net Cash Flow
-$4,438/mo
Cash Margin
-90.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.2/ 100

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

Comparables

Properties near 23 Forest Park Crescent

Time

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Data last updated within the past 24 hours.