83 Mikayla Lane, Markham

$799,000
83 Mikayla Lane

$799,000

New
2d
Att/Row/Townhouse3-Storey

83 Mikayla Lane, Markham

Total Monthly Obligation $3,931

HausQ Valuation Report
Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
2d
Score
19
Yield
4.7%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Att/Row/Townhouse
MLS® Number-N14102868
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-14.82 × 78.22 ft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,995.75 (2026)
Parking-5 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ANJIA REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Welcome To 83 Mikayla Lane! Beautifully Maintained 2023-Built Freehold Townhome Offering Approx. 1,620 Sq. Ft. Above Grade, Featuring A Functional 4-Bedroom, 3-Washroom Layout Ideal For Families And Multi-Generational Living. Enjoy Hardwood Flooring Throughout The Main Living Areas, With Comfortable Broadloom In The Bedrooms, Fresh Paint. The Modern Kitchen Features Quartz Countertops, Stainless Steel Appliances And A Brand New Dishwasher. The two bedrooms on the third floor can be changed to a big en suite. The Convenient Ground-Level Bedroom With A Full Bath Offers Excellent Flexibility For Guests, In-Laws Or A Home Office. Step Out To The Balcony And Enjoy The Beautiful Open Farm View. Upgraded Washer & Dryer (2024), All Existing Window Coverings, Garage Door Opener And Upgraded Interlocking Driveway Providing Parking For Up To 4 Cars Plus 1-Car Garage. No POTL Fee! A Move-In Ready Freehold Home With Modern Finishes, Flexible Living Space And Plenty Of Parking - Don't Miss It!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,931/mo
Mortgage $3,223
Monthly Loss $3,083
Principal$848
Interest$2,375
Property Tax$333
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%31
10-Year IRR
10.1%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,308/yr
NOI
$25,081/yr
Net Cash Flow
-$1,133/mo
Cash Margin
-36.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.9/ 100

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

Comparables

Properties near 83 Mikayla Lane

Time

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Data last updated within the past 24 hours.