129 Babcombe Drive, Markham

$2,290,000
129 Babcombe Drive

$2,290,000

New
36d
Detached2-Storey

129 Babcombe Drive, Markham

Total Monthly Obligation $10,633

Beds
5
Baths
4
Park
6
Sqft
3000-3500
DOM
36d
Score
14
Yield
3.0%
Cash on Cash
-10.8%
Cap Rate
2.3%
5Y IRR
7.1%
10Y IRR
8.0%
Property Type-Detached
MLS® Number-N13795994
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-60.06 × 149.75 ft
Listed on site-Sep 17, 2026
Style-2-Storey
Building Type-Detached
Taxes-$12,248 (2025)
Parking-8 - Built-In
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Cooling-Central Air
Laundry-No
Fireplace-Rec Room, Wood
Pool-Inground
Facing-North
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle, Membrane
Foundation-Concrete
Sewer-Sewer
Possession-30-60 Days
Neighbourhood-Bayview Glen
Title-Residential Freehold

No agent assigned

Some homes are built for sale. This one is for living. Set on a quiet, intimate stretch of Babcombe Drive in the heart of Bayview Glen, 129 Babcombe offers something increasingly special: the warmth of long-time ownership, thoughtfully renovated and expanded around the way a family actually lives. With over 3,200 sq. ft. of well-designed living space, its five-bedroom layout offers remarkable flexibility. Two main-floor bedrooms are ideal for multigenerational living, aging parents, guests or a private office, while three bedrooms upstairs include an exceptionally spacious primary retreat with ensuite. A soaring two-storey foyer sets the tone, with warm hardwood floors, crown moulding, custom millwork and built-ins throughout. The generous kitchen features extensive wood cabinetry, stone counters and abundant storage, while a proper formal dining room and expansive family room offer space to gather before opening directly to the private backyard and beautifully maintained in-ground pool. Then there is the land: a flat, private 60 x 149 ft lot offering exceptional space today and exciting possibilities for the future. A two-car garage and finished lower level with natural-stone fireplace add another layer of function to a home where space was designed to be used, not simply admired. All within walking distance of Bayview Glen Public School and in the Thornlea Secondary School catchment. This isn't a house assembled for the market. It has been carefully designed, thoughtfully improved and genuinely enjoyed by the family who called it home. Now, it's ready for the next one.

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

Closing Costs

Mortgage Amount
$1,832,000
Land Transfer Taxes$43,725
Legal Fees (Est.)
$
Total cash required for closing$503,225

Total Monthly Obligation

$10,633/mo
Mortgage $9,237
Monthly Loss $8,202
Principal$2,431
Interest$6,806
Property Tax$1,021
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.6%0
5-Year IRR
4.9%11
10-Year IRR
6.6%
Returns Index
6.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$67,596/yr
NOI
$44,088/yr
Net Cash Flow
-$5,563/mo
Cash Margin
-98.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.4/ 100

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

Comparables

Properties near 129 Babcombe Drive

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.