108 Roy Rainey Avenue, Markham

$2,038,800
108 Roy Rainey Avenue

$2,038,800

Price Change
28d
Detached2-Storey

108 Roy Rainey Avenue, Markham

Total Monthly Obligation $8,831

Beds
4
Baths
5
Park
2
Sqft
3000-3500
DOM
28d
Score
14
Yield
2.7%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N13829432
Beds-4
Bathrooms-5
Size-3000-3500 sqft
Lot Size-40 × 91.86 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$2,783.13 (2026)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOME ONE REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wismer
Title-Residential Freehold

No agent assigned

New Construction Luxury Double Garage Detached Home in Markham's Prestigious Wismer Community!Featuring a beautifully selected exterior façade, this exceptional home offers approximately 10' ceilings on the main floor and 9' ceilings on the second floor and basement, creating an impressive sense of space and elegance.All bedrooms feature private ensuites, offering comfort and privacy for every family member. The main floor features a sunken laundry room, while 6" engineered hardwood flooring and smooth ceilings throughout add a sophisticated, contemporary finish.The luxurious primary ensuite includes a freestanding soaker tub. Additional premium features include 200-amp electrical service, full set of kitchen appliances, and ceiling-height kitchen cabinets with soft-close doors at no additional cost. Tankless Water Heater Is Owned, Not Monthly Rental Payment From Pocket. A rare opportunity to own a thoughtfully designed luxury detached home in Wismer, Markham, combining upscale finishes, functional design and exceptional family living.The current property Tax Bill Based On the Land Value Only.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,631,040
Land Transfer Taxes$37,445
Legal Fees (Est.)
$
Total cash required for closing$446,705

Total Monthly Obligation

$8,831/mo
Mortgage $8,224
Monthly Loss $6,667
Principal$2,164
Interest$6,060
Property Tax$232
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$54,528/yr
NOI
$41,792/yr
Net Cash Flow
-$4,741/mo
Cash Margin
-104.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.3/ 100

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

Comparables

Properties near 108 Roy Rainey Avenue

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.