8 Wagon Works Street, Markham

$1,400,000
8 Wagon Works Street

$1,400,000

New
28d
Detached2-Storey

8 Wagon Works Street, Markham

Total Monthly Obligation $6,612

Beds
4
Baths
3
Park
2
Sqft
2500-3000
DOM
28d
Score
16
Yield
3.8%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-N13827380
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-36.09 × 89.9 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,072 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ANJIA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Other
Roof-Other
Foundation-Concrete
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

A Beautifully Maintained Detached Home In The Heart Of Cornell, Offering A Refined Interior, Thoughtful Upgrades And Comfortable Everyday Living. Built In 2013, This Home Welcomes You With 9-Ft Ceilings And New Hardwood Flooring Throughout The Main Floor, Complemented By A Bright, Functional Layout. A Dedicated Main Floor Office Provides A Quiet And Private Space For Work Or Study. The Family Room Creates A Warm Gathering Space With Its Gas Fireplace, While The Home Is Elevated By A Series Of Carefully Selected Finishes, Including Upgraded 8-Ft Interior Doors, Upgraded Light Fixtures Throughout, An Upgraded Front Entry Door, And California Shutters. The Primary Suite Offers A Well-Appointed Ensuite With A Glass-Enclosed Shower. Organized Closets Provide Practical Storage And Help Keep Everyday Living Effortlessly Tidy. Step Outside To The Upgraded Deck, Completed In 2020, Offering A Welcoming Extension Of The Living Space For Outdoor Relaxation And Entertaining. Ideally Situated Within Walking Distance Of Parks, Schools, Markham Stouffville Hospital, Cornell Community Centre With Its Pool And Library, And The Cornell Bus Terminal. Conveniently Located Just Minutes From Highway 407 And The Shops And Restaurants Of Main Street Markham. A Wonderful Opportunity To Enjoy The Comfort And Convenience Of Life In One Of Markham's Sought-After Communities.

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

Closing Costs

Mortgage Amount
$1,120,000
Land Transfer Taxes$24,475
Legal Fees (Est.)
$
Total cash required for closing$305,975

Total Monthly Obligation

$6,612/mo
Mortgage $5,647
Monthly Loss $5,125
Principal$1,486
Interest$4,161
Property Tax$589
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.3%19
10-Year IRR
8.4%
Returns Index
11.1/ 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
$52,908/yr
NOI
$36,045/yr
Net Cash Flow
-$2,643/mo
Cash Margin
-60.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.4/ 100

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

Comparables

Properties near 8 Wagon Works 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.