56 Apricot Street, Markham

$1,449,888
56 Apricot Street

$1,449,888

New
29d
DetachedBungalow

56 Apricot Street, Markham

Total Monthly Obligation $6,862

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
29d
Score
16
Yield
3.7%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-N13823478
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 150 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,668 (2025)
Parking-6 - Built-In
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible TBA
Neighbourhood-Bayview Glen
Title-Residential Freehold

No agent assigned

***56 Apricot Street - Prime Laureleaf Opportunity*** Situated On A 50 By 150 Foot Lot In The Heart Of Markham's Prestigious Laureleaf Community, This Custom Built Bungalow Presents A Rare Chance To Secure A Premium Property In One Of The Area's Most Established Estate Neighbourhoods. Surrounded By Newly Built Multi Million Dollar Homes And Quiet, Mature Streets, This Address Offers Long Term Value And Exceptional Potential. Built In 1972 And Offered For Sale For The First Time, The Home Features Solid Construction, Generous Room Sizes, And Excellent Bones. It's An Ideal Canvas For A Designer Led Renovation Or A Complete Rebuild, Allowing You To Shape The Property To Your Vision. The Walk Out Basement With A Separate Entrance Provides Natural Flexibility For A Secondary Suite, Multi Generational Living, Or A Private Workspace. Laureleaf Is Known For Its Large Lots, Peaceful Setting, And Proximity To Top Amenities. Convenient Access To Bayview Avenue, Highway 404, And Highway 407 Makes Commuting Simple. Nearby Destinations Include Thornhill Community Centre, Loblaws, Longo's, Markville Mall, And A Wide Selection Of Parks, Trails, And Recreation Options. Families Will Appreciate The Close Proximity To Highly Regarded Schools Such As St. Robert CHS, Bayview Glen PS, And Several Strong Public And Private Choices. With Its Prime Location, Deep Lot, And Strong Surrounding Property Values, 56 Apricot Street Offers An Outstanding Opportunity To Create A Signature Home In One Of Markham's Most Desirable Luxury Pockets.

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

Closing Costs

Mortgage Amount
$1,159,910
Land Transfer Taxes$25,473
Legal Fees (Est.)
$
Total cash required for closing$316,951

Total Monthly Obligation

$6,862/mo
Mortgage $5,848
Monthly Loss $5,323
Principal$1,539
Interest$4,309
Property Tax$639
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$52,956/yr
NOI
$35,492/yr
Net Cash Flow
-$2,891/mo
Cash Margin
-65.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.0/ 100

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

Comparables

Properties near 56 Apricot Street

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.

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Data last updated within the past 24 hours.