38 Muster Court, Markham

$1,268,000
38 Muster Court

$1,268,000

New
3d
Detached2-Storey

38 Muster Court, Markham

Total Monthly Obligation $6,149

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
3d
Score
17
Yield
4.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-N14096712
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-26.7 × 102.39 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,913.8 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Immediate/TBA
Neighbourhood-Buttonville
Title-Residential Freehold

No agent assigned

Desirably Situated On a Cul-De-Sac, In a Coveted Markham Neighbourhood, This Spacious, Original Italian-Owned Residence Offers Approximately 3,200 Square Feet Of Finished Living Space. The Home Combines Generous Living Areas, a Functional Layout, and The Flexibility To Accommodate Your Family's Evolving Needs. Enjoy Spacious Principal Rooms, Comfortable Everyday Living, and Ample Storage Throughout. The Fully Finished, Open-Concept Lower Level Offers Versatility, Complete With a Full Kitchen and 3-Piece Bathroom, All Well- Suited For Extended Family, Multi-Generational Living, Or Nanny Quarters. Enjoy a Wide Backyard and Landscaped Patio, Offering a Generous Area For Entertaining, Family Gatherings, Or Simply Relaxing In Your Own Private Outdoor Space. The Appeal Of a Court Location Without a Sidewalk, Is An Added Bonus Of Extra Parking. Highly Ranked Schools and Amenities Of Shopping, Parks, Recreation, Public Transit, and Highways All Within Easy Reach. An Exceptional Opportunity To Make This Home Yours.

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

Closing Costs

Mortgage Amount
$1,014,400
Land Transfer Taxes$21,835
Legal Fees (Est.)
$
Total cash required for closing$276,935

Total Monthly Obligation

$6,149/mo
Mortgage $5,115
Monthly Loss $4,803
Principal$1,346
Interest$3,769
Property Tax$659
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$53,100/yr
NOI
$35,376/yr
Net Cash Flow
-$2,167/mo
Cash Margin
-49.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.2/ 100

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

Comparables

Properties near 38 Muster Court

Time

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