21 Rennie Avenue, Markham

$1,659,000
21 Rennie Avenue

$1,659,000

New
39d
Detached2-Storey

21 Rennie Avenue, Markham

Total Monthly Obligation $7,669

Beds
5
Baths
5
Park
2
Sqft
3000-3500
DOM
39d
Score
15
Yield
3.2%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N13780746
Beds-5
Bathrooms-5
Size-3000-3500 sqft
Lot Size-45.98 × 91.81 ft
Listed on site-Sep 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,218.85 (2025)
Parking-4 - Built-In
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Box Grove
Title-Residential Freehold

No agent assigned

Welcome To One Of The Most Prestigious Communities, Box Grove! Perfectly Located Close To The Amenities Every Family Needs, 21 Rennie Ave. Offers An Exceptional Combination Of Space, Style, And Functionality. This Impressive Manchester Model By Arista Homes Features 4 Large Bedrooms, Over 4,500 Sq Ft Of Living Space, A Finished Basement (2022), And Hardwood Flooring Throughout. Thoughtfully Upgraded And Meticulously Maintained, This Home Offers A Long List Of Tasteful Improvements (Please See Attached Feature Sheet). The Full-Brick Exterior, Beautifully Maintained Curb Appeal, And Elegant Double-Door Entry Create An Impressive First Impression. Inside, 9-Ft Ceilings Lead Into A Spacious And Functional Foyer. The Main Floor Features A Dedicated Office, Offering The Flexibility To Be Converted Into A Main-Floor Bedroom With Ensuite Bath Perfect For Multi-Generational Living Or Guests. The True Showstopper Is The Stunning Family Room, Featuring A Dramatic 17-Ft Soaring Ceiling And Open-To-Above Design, Creating An Incredible Sense Of Space And Filling The Home With Natural Light. The Renovated Kitchen Features Quartz Countertops, Large-Format Tiles, Abundant Cabinetry, And A Spacious Breakfast Area Perfect For Everyday Family Living And Entertaining. Upstairs, Four Generously Sized Bedrooms Are Complemented By Three Full Bathrooms (2022). The Luxurious Primary Retreat Features Double Sinks, A Large Glass Standing Shower, And Spacious Walk-In Closets With Built-In Shelving. Ideally Located Near Top York Region Schools And Just Minutes From Highway 407, This Home Is Also Within Walking Distance To Walmart, Longo's, Major Banks, Restaurants, And Rexall Pharmacy.

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

Closing Costs

Mortgage Amount
$1,327,200
Land Transfer Taxes$29,655
Legal Fees (Est.)
$
Total cash required for closing$362,955

Total Monthly Obligation

$7,669/mo
Mortgage $6,692
Monthly Loss $5,908
Principal$1,761
Interest$4,931
Property Tax$602
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
5.9%14
10-Year IRR
7.4%
Returns Index
8.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$53,496/yr
NOI
$36,428/yr
Net Cash Flow
-$3,656/mo
Cash Margin
-82.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.1/ 100

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

Comparables

Properties near 21 Rennie Avenue

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.