312 John Street 359, Markham

$599,000
312 John Street 359

$599,000

New
29d
Condo TownhouseStacked Townhouse

312 John Street 359, Markham

Total Monthly Obligation $3,295

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
18
Yield
4.9%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-N13822746
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-11-15
Taxes-$2,573.49 (2025)
Maintenance-$464.36/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Aileen-Willowbrook
Title-Residential Condo & Other

No agent assigned

Over $25,000 spent on extensive upgrades in 2026! Welcome to this stunning, fully renovated 2-bedroom corner townhome that feels like a semi-detached, featuring a private entrance, added privacy, and an abundance of natural light. Perfectly situated in a highly desirable Thornhill neighbourhood, this move-in-ready home offers a rare combination of location, comfort, and modern upgrades.The home has been extensively updated with brand-new 12mm laminate flooring with underpadding, fresh modern baseboards, and crisp new paint throughout in Dulux Chantilly Lace. The larger, renovated open-concept kitchen boasts expanded quartz countertops, stainless steel appliances, and beautifully refinished kitchen cabinets and island.The completely upgraded 2026 bathroom features brand-new shower and floor tiling, a sleek new vanity, modern mirror, and stylish lighting fixtures.Located in an award-winning school district, you are just steps from the community centre, local shopping including Food Basics and Shoppers Drug Mart, library, walk-in clinic, gym, pool, and EarlyON Child & Family Centre, with TTC and Viva Transit within easy walking distance.Complete with one parking space and one locker, this exceptional corner home delivers the privacy and feel of a semi-detached with the convenience of townhome living-fully updated and ready to move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,295/mo
Mortgage $2,416
Monthly Loss $2,659
Principal$636
Interest$1,780
Property Tax$214
Condo Fees$464
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.7/ 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
$29,136/yr
NOI
$15,677/yr
Net Cash Flow
-$1,110/mo
Cash Margin
-45.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
24.1/ 100

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

Comparables

Properties near 312 John Street 359

Time

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