120 Drakefield Road, Markham

$1,099,900
120 Drakefield Road

$1,099,900

New
7d
DetachedBungalow-Raised

120 Drakefield Road, Markham

Total Monthly Obligation $5,274

Beds
4
Baths
2
Park
5
Sqft
1100-1500
DOM
7d
Score
16
Yield
3.8%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-N14087180
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 145.75 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,552.18 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bullock
Title-Residential Freehold

No agent assigned

Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community! Offering Over 2,000 Sq.Ft. Of Finished Living Space, This Move-In Ready Home Has Been Thoughtfully Updated And Continuously Improved Over The Years, Showcasing Exceptional Pride Of Ownership.Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated Full Bathroom Featuring A Marble Shower And Quartz Countertop, And Wet Bar, Offering Excellent Flexibility For Extended Family, Multi-Generational Living, Or Potential Rental Income (Buyer To Verify All Intended Uses).Numerous Quality Upgrades Include Smooth Ceilings With Pot Lights, Upgraded Flooring Throughout, Oak Staircase, An Updated Kitchen Featuring Upgraded Cabinetry, Quartz Countertops, Marble Backsplash, And Stainless Steel Appliances, Updated Bathrooms, Replaced Windows And Exterior Doors, Water Softener, Sprinkler System, And Quality Finishes Throughout.Step Outside To An Oversized Backyard Featuring A Large Deck, Perfect For Outdoor Entertaining, Summer BBQs, Family Gatherings, Or Simply Relaxing In Your Private Outdoor Retreat. Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. Enjoy The Perfect Balance Of Nature And Convenience With One Of Markham's Most Beloved Conservation Areas Right Nearby, Offering Scenic Walking Trails, Cycling Paths, Open Green Space, And Year-Round Outdoor Recreation.A Rare Combination Of Style, Functionality, Quality Upgrades, Exceptional Outdoor Living, And An Unbeatable Family-Friendly Location. Truly Move-In Ready And Not To Be Missed!

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

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$5,274/mo
Mortgage $4,437
Monthly Loss $4,107
Principal$1,168
Interest$3,269
Property Tax$463
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.6/ 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
$41,904/yr
NOI
$27,661/yr
Net Cash Flow
-$2,132/mo
Cash Margin
-61.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
17.2/ 100

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

Comparables

Properties near 120 Drakefield Road

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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Data last updated within the past 24 hours.