23 Marmill Way, Markham

$728,000
23 Marmill Way

$728,000

New
2d
Condo Townhouse3-Storey

23 Marmill Way, Markham

Total Monthly Obligation $4,104

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
2d
Score
17
Yield
4.9%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.2%
Property Type-Condo Townhouse
MLS® Number-N14101480
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,171.66 (2026)
Maintenance-$703.4/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Old Markham Village
Title-Residential Condo & Other

No agent assigned

Welcome to 23 Marmill Way in the sought-after community of Old Markham Village! This 1,410 sq. ft. end-unit townhome features 3 bedrooms and 2 bathrooms, offering comfortable living space for families, first-time buyers or downsizers. The bright and spacious second floor boasts an open-concept layout with walkout to a private backyard complete with patio and storage shed. Freshly painted throughout, this home is move-in ready, with the added benefit of a newer air conditioner (2022). Experience the charm of historic Markham Village, with its quaint Main Street shops, local restaurants and welcoming community atmosphere. Conveniently located near schools, parks and public transit and steps to Markham GO Station. A wonderful opportunity to enjoy comfortable living, outdoor space and the convenience of an established Markham neighbourhood!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$582,400
Land Transfer Taxes$11,035
Legal Fees (Est.)
$
Total cash required for closing$158,135

Total Monthly Obligation

$4,104/mo
Mortgage $2,937
Monthly Loss $3,332
Principal$773
Interest$2,164
Property Tax$264
Condo Fees$703
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%14
Cash-on-Cash
-11.1%1
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.4/ 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
$35,388/yr
NOI
$17,837/yr
Net Cash Flow
-$1,450/mo
Cash Margin
-49.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
20.1/ 100

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

Comparables

Properties near 23 Marmill Way

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.