622 Carlton Road, Markham

$1,680,000
622 Carlton Road

$1,680,000

Price Change
35d
Detached2-Storey

622 Carlton Road, Markham

Total Monthly Obligation $7,841

Beds
6
Baths
6
Park
3
Sqft
2500-3000
DOM
35d
Score
15
Yield
3.3%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-N13804748
Beds-6
Bathrooms-6
Size-2500-3000 sqft
Lot Size-45.41 × 163.87 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,270 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-POWER 7 REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Markville
Title-Residential Freehold

No agent assigned

Welcome To 622 Carlton Road in the most sought-after Markville community, Markham! Top Ranked High School Zone: Markville SS - Top 18 out of 747 Ontario High Schools! A Solid Monarch Home Situated On an Ultra Premium Corner Lot (45' Frontage X 136' Depth), Expanding to 67' width At The Rear, Offering Spacious Front Lawn and Backyard For All Your Outdoor Activities. This Functional & Spacious Layout Features a 9' Ceiling Thru main floor, Lots of Over-Sized Windows, Solid Hardwood Floor Thru, A Large Family Room with Gas Fireplace, Open- Concept Kitchen with New Quartz Countertops, Stainless Steel Kitchen Appliances, & A Sun-Filled Breakfast Area Overlooking the Spacious Backyard. Principal Bedroom features a large 5-piece ensuite and Walk-In Closets, Along with 3 Over-sized Bedrooms, Main Floor Laundry, Professionally Finished Basement with an Open Recreational Room, 2 Guest Rooms with Semi-Ensuite and a Powder Room, 2-Year New Furnace and 2-Year New CAC. Enjoy Unbeatable Convenience! A Few Minute Walk to Quantztown Park, Lincoln Park, Monarch Park, 10-15-minute WALK To Markville Secondary School, & Central Park Public School and 20-minute WALK To Centennial Go Station! Minutes Drive to CF Markville Shopping Centre, Restaurants, Cafés, Groceries, Banks, Pharmacies, Main Street Unionville, Toogood Pond Park, Numerous Recreational Facilities, Quick Access To Highway 407 and Highway 7. A Fantastic Location For Families Looking For Convenience, Community And Lifestyle For Life!

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

Closing Costs

Mortgage Amount
$1,344,000
Land Transfer Taxes$30,075
Legal Fees (Est.)
$
Total cash required for closing$367,575

Total Monthly Obligation

$7,841/mo
Mortgage $6,777
Monthly Loss $6,058
Principal$1,783
Interest$4,993
Property Tax$689
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.4%
Returns Index
8.4/ 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
$55,620/yr
NOI
$37,288/yr
Net Cash Flow
-$3,669/mo
Cash Margin
-79.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
14.0/ 100

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

Comparables

Properties near 622 Carlton Road

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.