171 Simonston Boulevard, Markham

$1,088,000
171 Simonston Boulevard

$1,088,000

Price Change
99d
Detached2-Storey

171 Simonston Boulevard, Markham

Total Monthly Obligation $5,240

Beds
5
Baths
3
Park
2
Sqft
1500-2000
DOM
99d
Score
18
Yield
4.6%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-N13573348
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-29.94 × 125.17 ft
Listed on site-Jul 16, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$5,721.27 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Brick, Aluminum Siding
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-German Mills
Title-Residential Freehold

No agent assigned

Set in the established German Mills neighbourhood, this 4-bedroom detached home offers functional space across every level. The exterior features a landscaped perennial garden, an enclosed front porch entry and a garage with a private driveway that parks up to three cars. The main level includes a powder room, a family room with a gas fireplace and a modern kitchen with granite counters and a gas stove. The open concept living and dining room walks out to a backyard patio, giving the main floor a connected flow to the outdoor space. A solar tube lights up the second level plus four well-proportioned bedrooms and a solar tube. The primary bedroom offers direct bathroom access. The basement carries a flexible layout suited to a home office, guest bedroom or recreation and gym space, along with a large laundry room and ample storage throughout. The backyard provides a private garden setting for relaxing or entertaining and the home is topped with a durable metal roof backed by a lifetime warranty. Located with quick access to Highways 401, 404 and 407, the home is close to top-ranked schools, public transit, shopping, restaurants, grocery stores and Bayview Golf and Country Club. A move-in ready opportunity in a quiet, well-established community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$870,400
Land Transfer Taxes$18,235
Legal Fees (Est.)
$
Total cash required for closing$237,335

Total Monthly Obligation

$5,240/mo
Mortgage $4,389
Monthly Loss $4,086
Principal$1,155
Interest$3,234
Property Tax$477
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.2%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$50,196/yr
NOI
$34,955/yr
Net Cash Flow
-$1,476/mo
Cash Margin
-35.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
18.4/ 100

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

Comparables

Properties near 171 Simonston Boulevard

Time

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