49 Memon Place, Markham

$1,080,000
49 Memon Place

$1,080,000

New
6d
Att/Row/Townhouse3-Storey

49 Memon Place, Markham

Total Monthly Obligation $5,121

HausQ Valuation Report
Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
6d
Score
16
Yield
3.8%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Att/Row/Townhouse
MLS® Number-N14094902
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-18.04 × 100.52 ft
Listed on site-Oct 17, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,676.84 (2025)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-immed
Neighbourhood-Wismer
Title-Residential Freehold

No agent assigned

This stunning 3-storey townhouse in the heart of Markham offers over 2,000 sq. ft. of stylish and functional living space,featuring 4 spacious bedrooms and 3.5 modern bathrooms. Designed with comfort and convenience in mind, the home boasts an openconceptlayout ideal for both entertaining and everyday living, along with a sleek kitchen equipped with stainless steel appliances and directaccess to a massive 17 ft. x 15 ft. terrace - perfect for outdoor dining, lounging, or hosting summer gatherings.The ground floor features aversatile room with a full bathroom, making it an ideal home office, guest suite, or private in-law space. The home also includes a rare extradeepdouble car garage offering ample room for parking or storage. Situated in a family-friendly neighbourhood close to top-rated schools,parks, shopping, and convenient transit access, this property perfectly blends suburban charm with urban convenience - an exceptionalopportunity not to be missed.want to miss.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$864,000
Land Transfer Taxes$18,075
Legal Fees (Est.)
$
Total cash required for closing$235,575

Total Monthly Obligation

$5,121/mo
Mortgage $4,356
Monthly Loss $3,975
Principal$1,146
Interest$3,210
Property Tax$390
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.2/ 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
$41,196/yr
NOI
$27,900/yr
Net Cash Flow
-$2,031/mo
Cash Margin
-59.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

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

Comparables

Properties near 49 Memon Place

Time

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Data last updated within the past 24 hours.