262 Cornell Centre Boulevard, Markham

$958,000
262 Cornell Centre Boulevard

$958,000

New
28d
Att/Row/Townhouse2-Storey

262 Cornell Centre Boulevard, Markham

Total Monthly Obligation $4,631

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
28d
Score
16
Yield
3.8%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Att/Row/Townhouse
MLS® Number-N13829966
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-23 × 89.9 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,696.95 (2026)
Parking-3 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Welcome to this stunning open-concept two-storey freehold townhome offering approximately 1,500 sq. ft. of thoughtfully designed living space, ideally situated in the highly desirable, family-friendly Cornell community. Enjoy peaceful views of a protected greenspace and woodlot directly across the street. The bright and spacious main floor features 9-foot ceilings, creating an inviting and airy atmosphere throughout. At the heart of the home is a gorgeous gourmet kitchen, thoughtfully designed for both everyday living and entertaining, featuring brand-new stainless steel appliances (2026), quartz countertops, an upgraded backsplash, premium exhaust vent, pot lights, and ample cabinetry and workspace. The home offers 3 spacious bedrooms and 2.5 beautifully appointed bathrooms. The second-floor bathrooms have been tastefully renovated, featuring modern finishes and quartz countertops, while upgraded hardwood flooring enhances the entire second floor, adding a polished and refined finish to the bedroom level. Situated on a wide lot with a long driveway, the home offers convenient parking for two vehicles with a one-car attached garage and generous driveway parking, plus the option to create an additional parking pad by moving the fence back. Enjoy an exceptional location just steps from Cornell Community Park, Cornell Woodlot Park, Cornell Community Centre & Library, Markham Stouffville Hospital, Cornell Bus Terminal, and Bill Hogarth Secondary School.

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

Closing Costs

Mortgage Amount
$766,400
Land Transfer Taxes$15,635
Legal Fees (Est.)
$
Total cash required for closing$208,735

Total Monthly Obligation

$4,631/mo
Mortgage $3,864
Monthly Loss $3,614
Principal$1,017
Interest$2,847
Property Tax$391
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
$36,240/yr
NOI
$23,419/yr
Net Cash Flow
-$1,913/mo
Cash Margin
-63.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 262 Cornell Centre Boulevard

Time

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