118 Tamarack Drive, Markham

$799,000
118 Tamarack Drive

$799,000

Price Change
25d
Semi-Detached 2-Storey

118 Tamarack Drive, Markham

Total Monthly Obligation $3,950

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
25d
Score
19
Yield
4.8%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Semi-Detached
MLS® Number-N13833904
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20 × 106.7 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$4,219.84 (2026)
Parking-2 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-Flexible
Neighbourhood-Aileen-Willowbrook
Title-Residential Freehold

No agent assigned

***Public Open House Saturday October 24th From 3:00 To 4:00 PM & Sunday October 25th From 1:00 To 2:00 PM.*** Attention Renovators, Investors & First Time Home Buyers. Welcome To 118 Tamarack Dr, In One Of Thornhill's Prestigious And Family-Friendly Aileen-Willowbrook Neighbourhood. This Semi-Detached Home Needs Some TLC, It Offers A Functional Layout And Warm, Inviting Spaces Perfect For Families, Professionals, Or Anyone Seeking Comfort, Convenience And Unbeatable Location. Located Close To Top-Rated School District (Willowbrook P.S., Thornlea S.S., And St. Robert Catholic H.S. IB Program.) Steps To Thornhill Community Centre, Thornhill Square Shopping, Parks, Trails, Transit, And Ice Rinks With Quick Access To Highway 7, Highway 407 & Langstaff GO Station. The Main Level Features An Open-Concept Living And Dining Area And Direct Walkout Access To The Privacy Fenced Backyard. An Inviting Family Room Addition Provides Secondary Lounge Space Complete With A Bright Skylight And Convenient Direct Access To The Interior Garage. The Second Level Features Three Spacious Bedrooms And A Skylight For Lots Of Natural Light. There Is A Separate Entrance. The Basement Expands Your Living Space With A Versatile Recreation Area, Perfect For A Family Room, Home Office, Or Play Room. Additional Storage And A Functional Layout Make It Easy To Adapt The Space To Your Family's Needs. Outside, The Property Features A Private Backyard, Ideal For Relaxing, Gardening, Or Hosting Gatherings. The Neighbourhood Is Known For Its Quiet Streets, Mature Trees, And Strong Community Feel. Click On 4K Virtual Tour & Don't Miss Out On This Gem!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$3,950/mo
Mortgage $3,223
Monthly Loss $3,101
Principal$848
Interest$2,375
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.4%
Returns Index
18.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$38,520/yr
NOI
$25,948/yr
Net Cash Flow
-$1,061/mo
Cash Margin
-33.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
22.0/ 100

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

Comparables

Properties near 118 Tamarack Drive

Time

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Data last updated within the past 24 hours.