10 Station Lane, Markham

$2,850,000
10 Station Lane

$2,850,000

New
27d
Detached2-Storey

10 Station Lane, Markham

Total Monthly Obligation $12,818

Beds
4
Baths
7
Park
5
Sqft
5000 +
DOM
27d
Score
14
Yield
3.0%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-N13831668
Beds-4
Bathrooms-7
Size-5000 + sqft
Lot Size-67.44 × 164.35 ft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,361.98 (2026)
Parking-7 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HC REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Board & Batten , Aluminum Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Unionville
Title-Residential Freehold

No agent assigned

Location! Location! Rare opportunity to own a live/work heritage building in the historic Main St Unionville. This elegant building with a modern addition, totaling over 5,000 SF, offers a beautiful home-office environment. The 2,110 SF office space (including bsmt) is currently leased for professional office use. Each level, including the basement, contains an open concept office/reception/conference area. The main level has a kitchen and a 3-pc bath. The 2nd level includes 2 individual offices, a pantry and a 4-pc bath. The basement has another pantry and 2 storage areas. The residential portion is also leased. Its main level is improved with a living/dining area, a huge family room and a kitchen with breakfast area. The 2nd level contains 4 spacious bedrooms with 4 baths. The basement provides a large recreation area and 2 storage rooms. Professionally landscaped rear yard. 7 parking spaces. This building is strategically located within minutes to restaurants, Toogood Pond, shops, art gallery, public transit, Hwy 404 & 407. Ample public parking spaces across the street provide further convenience. Great opportunity for owners or investors. Buyer to assume both tenants.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$2,280,000
Land Transfer Taxes$57,725
Legal Fees (Est.)
$
Total cash required for closing$629,225

Total Monthly Obligation

$12,818/mo
Mortgage $11,496
Monthly Loss $9,793
Principal$3,025
Interest$8,471
Property Tax$947
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
5.5%13
10-Year IRR
7.1%
Returns Index
7.6/ 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
$84,216/yr
NOI
$59,932/yr
Net Cash Flow
-$6,502/mo
Cash Margin
-92.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
12.1/ 100

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

Comparables

Properties near 10 Station Lane

Time

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