10934 Warden Avenue, Markham

$3,580,000
10934 Warden Avenue

$3,580,000

New
28d
DetachedBungalow

10934 Warden Avenue, Markham

Total Monthly Obligation $15,507

Beds
8
Baths
5
Park
10
Sqft
2500-3000
DOM
28d
Score
13
Yield
2.1%
Cash on Cash
-13.2%
Cap Rate
1.7%
5Y IRR
5.3%
10Y IRR
6.7%
Property Type-Detached
MLS® Number-N13828322
Beds-8
Bathrooms-5
Size-2500-3000 sqft
Lot Size-222 × 276 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,300 (2025)
Parking-12 - Detached
Basement-Finished
Heating-Forced Air (Oil)
Brokerage-HOME ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Victoria Square
Title-Residential Freehold

No agent assigned

Rare Future Development Opportunity in Prime Markham! Ideally situated in the heart of Markham's high-growth Secondary Plan area, this exceptional property features a wide frontage on Warden Ave with designated Future Development zoning (proposed Employment Land). Tremendous redevelopment potential for commercial, institutional, or mixed-use facilities (daycare, medical clinic, office/warehouse, etc., upon zoning approval). ***Outstanding holding property offering substantial rental income: features a spacious (~2,700 sq.ft.) bungalow boasting 4 bedrooms and 3 baths on the main floor (including 2 newly renovated ensuites), plus a fully finished basement apartment. Large solarium walk-out to deck, detached two-car garage with a small storage/office space at rear. Plenty of parking space. Fully fenced with gate. The adjacent property on the north side owned by York Region government and a new office building and storage facilities were newly built. A proposed large park will be just across the street. The sky's the limit! The best investment to beat the inflation.(Please note photos were enhanced by AI)

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,864,000
Land Transfer Taxes$75,975
Legal Fees (Est.)
$
Total cash required for closing$793,475

Total Monthly Obligation

$15,507/mo
Mortgage $14,441
Monthly Loss $11,707
Principal$3,800
Interest$10,641
Property Tax$692
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.5%0
5-Year IRR
3.4%7
10-Year IRR
5.4%
Returns Index
4.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$74,400/yr
NOI
$54,160/yr
Net Cash Flow
-$9,927/mo
Cash Margin
-160.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
11.2/ 100

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

Comparables

Properties near 10934 Warden Avenue

Time

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