57 Armillo Place, Markham

$1,059,000
57 Armillo Place

$1,059,000

New
3d
Att/Row/Townhouse3-Storey

57 Armillo Place, Markham

Total Monthly Obligation $5,021

Beds
3
Baths
5
Park
1
Sqft
2000-2500
DOM
3d
Score
16
Yield
3.8%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Att/Row/Townhouse
MLS® Number-N14098420
Beds-3
Bathrooms-5
Size-2000-2500 sqft
Lot Size-18.04 × 81.98 ft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,494.54 (2026)
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wismer
Title-Residential Freehold

No agent assigned

OFFER ANYTIME !!! Four Reasons To Call This Your Forever Home !!!! 1. Built in 2020, This Stunning Freehold Townhouse Offers Approximately 2039sqft of Luxurious Living Per Builder's Plan. Featuring 10' Smooth Ceiling on the Main with Pot Lights, 9' On the Ground and Third Levels. 2. Spacious + Functional Layout. 3+1 Bedroom with 5 Bathrooms is Thoughtfully Designed With Versatility in Mind, Whether you need Dual Home Offices, a Den or a Home Gym. The Flexible Layout Offers Endless Possibilities. 3 Peaceful Views & Outdoor Comfort Enjoy your mornings overlooking lush, ravine-like privacy from your balcony, or unwind in the evenings with a soak in the tub. With two walk-out balconies and a decent-sized backyard, this home is perfect for indoor-outdoor living and entertaining. 4. Exceptional Location/Schools. Walking Distances To Top Tanking, Fred Varley + Bur Oak Public School (With AP Program) Close proximity to Markville Mall, Highway 407, and other amenities ensures convenience at your fingertips. **Notable Upgrades Include: Upgraded light fixtures throughout the home, Upgraded kitchen appliances, Custom decorative wall moulding in the living area, All window coverings installed throughout, Professionally designed / thoughtfully designed backyard retreat.**

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

Closing Costs

Mortgage Amount
$847,200
Land Transfer Taxes$17,655
Legal Fees (Est.)
$
Total cash required for closing$230,955

Total Monthly Obligation

$5,021/mo
Mortgage $4,272
Monthly Loss $3,897
Principal$1,124
Interest$3,148
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.4/ 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
$40,716/yr
NOI
$27,650/yr
Net Cash Flow
-$1,968/mo
Cash Margin
-58.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
17.8/ 100

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

Comparables

Properties near 57 Armillo Place

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.