174 Bayview Fairways Drive, Markham

$1,299,000
174 Bayview Fairways Drive

$1,299,000

New
28d
DetachedBacksplit 3

174 Bayview Fairways Drive, Markham

Total Monthly Obligation $6,207

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
28d
Score
16
Yield
4.0%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-N13829620
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50.06 × 175.19 ft
Listed on site-Sep 25, 2026
Style-Backsplit 3
Building Type-Detached
Age-51-99
Taxes-$7,104.17 (2026)
Parking-8 - Attached
Basement-Partial Basement, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood, Rec Room
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bayview Fairway-Bayview Country Club Estates
Title-Residential Freehold

No agent assigned

Set on a quiet, tree-lined street in a Thornhill community served by some of Ontario's top-ranked schools, 174 Bayview Fairways Drive is a classic brick backsplit with three bedrooms, two full bathrooms and an attached double garage. Its multi-level design gives the kitchen, dining room, living room, bedrooms, and lower rec room their own distinct spaces while keeping the home connected and comfortable. The eat-in kitchen has quartz countertops, abundant cabinetry and a wide window overlooking the front yard. It opens directly to the dining room, with hardwood flooring continuing through the living room and all three bedrooms. The large living room walks out to a covered upper deck overlooking the backyard. Downstairs, the recreation room provides a second place to relax with laminate flooring, a wood-burning fireplace, and a sliding-door walkout to another covered deck. A second full bathroom with a glass-enclosed shower, separate utility space, and additional storage makes this level especially practical. Outside, the fenced backyard has a broad lawn, mature trees and established gardens, with plenty of room to sit, play or entertain. The school rankings are exceptional. In the Fraser Institute's latest report cards, Bayview Fairways Public School earned 9.5/10 and ranked 56th of 3,052 Ontario elementary schools. Thornlea Secondary School earned 8.9/10 and ranked 23rd of 747 high schools. St. Robert Catholic High School earned a perfect 10/10 and tied for first in the province. Bayview Fairways Public School is located along the same street, while St. Robert also offers the International Baccalaureate program. Duncan Park is also along Bayview Fairways Drive, with a playground, ball diamond, tennis courts, and pickleball courts. Nearby Bayview Golf & Country Club and access to Highways 404 and 407 add to the convenience of this established community. **SOME PHOTOS ARE VIRTUALLY STAGED**

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,207/mo
Mortgage $5,240
Monthly Loss $4,828
Principal$1,379
Interest$3,861
Property Tax$592
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
12.0/ 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
$51,480/yr
NOI
$34,728/yr
Net Cash Flow
-$2,346/mo
Cash Margin
-54.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.0/ 100

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

Comparables

Properties near 174 Bayview Fairways Drive

Time

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