256 Church Street, Markham

$888,000
256 Church Street

$888,000

New
4d
DetachedBungalow

256 Church Street, Markham

Total Monthly Obligation $4,355

Beds
5
Baths
2
Park
5
Sqft
1100-1500
DOM
4d
Score
19
Yield
4.9%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-N14092692
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-67.59 × 120.15 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,781.88 (2025)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flex
Neighbourhood-Markham Village
Title-Residential Freehold

No agent assigned

*NEW FLOORING* Welcome to this charming detached home in the heart of Markham Village - one of Markham's most sought-after, established neighbourhoods. Ideally located within mins to parks, schools, transit and the vibrant Main Street area, this residence offers the perfect blend of community, convenience and classic appeal. Featuring a functional layout with spacious living areas, ample natural light, and a private yard, this home presents a rare opportunity in a mature neighbourhood with enduring value. Enjoy close proximity to local amenities, shopping and dining, with easy access to major commuter routes.The property has been occupied and superior cared by a long-term tenant for approximately six years, highlighting the convenience and desirability of the location, An excellent opportunity with potential business and retail use subject to approval and municipal permits. offering both immediate usability and future upside.

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

Closing Costs

Mortgage Amount
$710,400
Land Transfer Taxes$14,235
Legal Fees (Est.)
$
Total cash required for closing$193,335

Total Monthly Obligation

$4,355/mo
Mortgage $3,582
Monthly Loss $3,413
Principal$943
Interest$2,639
Property Tax$398
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.3%38
10-Year IRR
10.8%
Returns Index
20.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$43,920/yr
NOI
$30,246/yr
Net Cash Flow
-$1,061/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.0/ 100

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

Comparables

Properties near 256 Church Street

Time

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Data last updated within the past 24 hours.