51 Leighland Drive, Markham

$1,588,000
51 Leighland Drive

$1,588,000

New
30d
Detached2-Storey

51 Leighland Drive, Markham

Total Monthly Obligation $7,475

Beds
6
Baths
4
Park
3
Sqft
2500-3000
DOM
30d
Score
15
Yield
3.5%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-N13817146
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-50.06 × 123.26 ft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,327.69 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Unionville
Title-Residential Freehold

No agent assigned

Absolutely Stunning Approx. 3,000 Sq.Ft. Detached Home In One Of Unionville's Most Highly Sought-After, Family-Friendly Neighbourhoods! Offering Over 3,600 Sq.Ft. Of Total Living Space Including A Professionally Finished Basement, This Beautifully Maintained Double-Garage Home Features Desirable South Exposure, Filling The Interior With Abundant Natural Light Throughout The Day! Grand Foyer With Elegant French Double Doors & Skylight Creates A Bright & Welcoming Entrance. Spacious Gourmet Kitchen Features Stainless Steel Appliances, Ample Cabinetry & A Generous Breakfast Area With Walkout To The Backyard Patio, Perfect For Everyday Family Living & Entertaining! The Luxurious Primary Retreat Offers A 5-Pc Ensuite, Private Sitting Area & Two Walk-In Closets. Professionally Finished Basement Provides Exceptional Additional Living Space Featuring A Huge Recreation Room, 3-Pc Bathroom & Two Guest Rooms, Ideal For Extended Family, Home Office Or Guests! Beautiful Professional Landscaping, Interlock Driveway With Parking For 3 Cars & Convenient Direct Access From The Double Garage Into The Home! Brand New Furnace & Air Conditioner (2026), Plus New Washer & Dryer (2026)! Exceptional Location Within Walking Distance To Highly Ranked St. Justin Martyr C.S., Coledale P.S. & Unionville H.S., With Convenient Access To St. Augustine C.H.S. Close To T&T Supermarket, Shopping, Restaurants, Parks & Vibrant Downtown Markham! Minutes To GO Station, Hwy 7, 404 & 407! A Rare Opportunity To Enjoy Exceptional Space, Comfort & Convenience In The Heart Of Unionville! Brand New Furnace & Air Conditioner (2026), New Washer & Dryer (2026), Water Softener & Water Purifier.

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

Closing Costs

Mortgage Amount
$1,270,400
Land Transfer Taxes$28,235
Legal Fees (Est.)
$
Total cash required for closing$347,335

Total Monthly Obligation

$7,475/mo
Mortgage $6,406
Monthly Loss $5,789
Principal$1,686
Interest$4,720
Property Tax$694
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.2/ 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
$55,404/yr
NOI
$37,036/yr
Net Cash Flow
-$3,319/mo
Cash Margin
-71.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.4/ 100

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

Comparables

Properties near 51 Leighland Drive

Time

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Data last updated within the past 24 hours.