4 Bishop Crescent, Markham

$1,188,800
4 Bishop Crescent

$1,188,800

New
7d
Link2-Storey

4 Bishop Crescent, Markham

Total Monthly Obligation $5,571

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
7d
Score
16
Yield
3.5%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Link
MLS® Number-N14084922
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-35.27 × 109.19 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Link
Age-31-50
Taxes-$4,814.44 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Markham Village
Title-Residential Freehold

No agent assigned

Turn-key perfection in sought-after Markham Village! Extensively updated throughout, 100% carpet-free, and illuminated by pot lights across all 3 levels, this move-in ready 3+1 bed, 4-bath home sits on a quiet, mature crescent in a family-friendly neighbourhood. Enjoy ~1,913 sq. ft. of above-grade living space (per MPAC) highlighted by elegant hardwood and tile flooring, starting with a functional front mudroom/porch (2023), standalone security camera system. The renovated, open-concept eat-in kitchen features quartz countertops and white cabinetry. A cozy family room offers a seamless walkout to a beautiful, low-maintenance backyard complete with quality stone interlocking and a garden pavilion with an enclosed storage shed (2023) for ideal outdoor extra storage. Upstairs boasts 3 generous bedrooms and 2 full bathrooms, both upgraded with sleek, all-glass shower enclosures & double sink (including primary 3-pc ensuite). The finished basement provides exceptional versatile space, complete with a large rec room, 4th bedroom, and a full 4-piece bathroom with a bathtub-perfect for an in-law suite, guest retreat, or home office! Key updates & features: Front driveway & backyard interlocking (2023), side walkway with brick & cement, garden pavilion with enclosed shed (2023), front mudroom/porch (2023), smart garage door opener (2023), furnace & tankless water heater (2018), and roof (~2017). Attached 2-car garage plus an expanded driveway with extra parking space (fits up to 5 cars total) with NO sidewalk across the driveway! Unbeatable location-steps to schools, parks, Historic Main St Markham shops/dining, and Markham GO Station.

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

Closing Costs

Mortgage Amount
$951,040
Land Transfer Taxes$20,251
Legal Fees (Est.)
$
Total cash required for closing$259,511

Total Monthly Obligation

$5,571/mo
Mortgage $4,795
Monthly Loss $4,310
Principal$1,262
Interest$3,533
Property Tax$401
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.5%16
10-Year IRR
7.8%
Returns Index
9.4/ 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
$41,520/yr
NOI
$28,054/yr
Net Cash Flow
-$2,457/mo
Cash Margin
-71.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.5/ 100

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

Comparables

Properties near 4 Bishop Crescent

Time

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