57 Greenridge Crescent, Markham

$1,280,000
57 Greenridge Crescent

$1,280,000

New
2d
Detached2-Storey

57 Greenridge Crescent, Markham

Total Monthly Obligation $5,982

Beds
4
Baths
4
Park
1
Sqft
2000-2500
DOM
2d
Score
16
Yield
3.9%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-N14100740
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-67.29 × 90.3 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,327.7 (2026)
Parking-2 - Built-In
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Cathedraltown
Title-Residential Freehold

No agent assigned

BRAND NEW & NEVER LIVED IN! Welcome to 57 Greenridge Cres in Phase 2 of Markham's desirable Spring Water community. This 4-bed, 4-bath detached home sits on a rare PREMIUM OVERSIZED LOT - one of the largest in the neighbourhood - with a huge backyard big enough for a swimming pool, steps to ravine, pond and trails. Rare 9-ft ceilings on ALL levels (main, 2nd & basement)! Glass-enclosed front porch keeps the wind and dust out. Loaded with upgrades:Premium kitchen with Samsung SmartThings smart appliances (warranty included). gas fireplace, pot lights & upgraded lighting throughout (professionally installed by a licensed electrician, ESA certified), upgraded tiles, flooring & baseboards, smooth ceilings, taller interior doors, custom window coverings, and built-in organizers in EVERY closet. A rare bonus upstairs: THREE full bathrooms with TWO ensuites - the primary features a walk-in closet and a custom built-in walk-in shower. Tastefully finished laundry room with feature wall. Water softener (2025), central humidifier (2025), sump pump, OWNED tankless water heater, security camera system. Brand-new fence on poured concrete footings, security screen door to the backyard. Epoxy garage floor + EV charger rough-in. Minutes to Hwy 404/407, top-rated schools, parks and shopping. A truly turn-key new home - book your private tour today!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,024,000
Land Transfer Taxes$22,075
Legal Fees (Est.)
$
Total cash required for closing$279,575

Total Monthly Obligation

$5,982/mo
Mortgage $5,163
Monthly Loss $4,623
Principal$1,359
Interest$3,804
Property Tax$444
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.3/ 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
$49,536/yr
NOI
$34,755/yr
Net Cash Flow
-$2,267/mo
Cash Margin
-54.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.4/ 100

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

Comparables

Properties near 57 Greenridge Crescent

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.

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Data last updated within the past 24 hours.