37 Dowling Circle, Markham

$1,588,000
37 Dowling Circle

$1,588,000

New
3d
Detached2-Storey

37 Dowling Circle, Markham

Total Monthly Obligation $7,439

Beds
4
Baths
3
Park
4
Sqft
3000-3500
DOM
3d
Score
15
Yield
3.3%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N14097936
Beds-4
Bathrooms-3
Size-3000-3500 sqft
Lot Size-62.43 × 125.98 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,899.35 (2026)
Parking-6 - Attached
Basement-Partial Basement, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Milliken Mills East
Title-Residential Freehold

No agent assigned

Set on a premium 62' irregular lot in Markham's Milliken Mills East community, this original-owner Greenpark-built home offers 3,109 sqft of living space, 4 bedrooms and a partially finished basement with separate entrance and excellent potential for additional living space. Features include an interlock driveway and walkway, enclosed front porch, formal living and dining rooms, a spacious family room with an all-brick fireplace, and a generously sized kitchen with breakfast area and walkout to the deck. A private main floor office, functional laundry room with garage access and separate basement staircase, and a spacious primary bedroom with his-and-hers closets and 5-piece ensuite add everyday comfort. Three additional bedrooms, a skylit main bathroom and an expansive backyard with deck and garden beds complete the home. Conveniently located near highly regarded schools, parks, Milliken Mills Community Centre, Pacific Mall, Markham YMCA, Pan Am Centre, Unionville and Milliken GO Stations, and Highways 407 and 404.

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

Closing Costs

Mortgage Amount
$1,270,400
Land Transfer Taxes$28,235
Legal Fees (Est.)
$
Total cash required for closing$347,335

Total Monthly Obligation

$7,439/mo
Mortgage $6,406
Monthly Loss $5,753
Principal$1,686
Interest$4,720
Property Tax$658
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.4%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$52,800/yr
NOI
$35,121/yr
Net Cash Flow
-$3,479/mo
Cash Margin
-79.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.3/ 100

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

Comparables

Properties near 37 Dowling Circle

Time

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