140 Reeve Drive, Markham

$1,647,000
140 Reeve Drive

$1,647,000

New
24d
Detached2-Storey

140 Reeve Drive, Markham

Total Monthly Obligation $7,581

Beds
4
Baths
5
Park
4
Sqft
2500-3000
DOM
24d
Score
15
Yield
3.1%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-N13838976
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-53.15 × 105 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,751.79 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ANJIA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-90 Days/TBA
Neighbourhood-Markham Village
Title-Residential Freehold

No agent assigned

Welcome To An Exceptional Family Home On A Rarely Offered, Tree-Lined Street In One Of Markham's Most Desirable Neighbourhoods. Set On A 53 ft Wide Premium Lot With A Double Garage. This Home Offers Outstanding Curb Appeal, A Practical Layout, And Generous Space For Everyday Living And Entertaining. The Main Level Features Bright Open-Concept Living And Dining Areas, A Separate Family Room, And A Beautifully Renovated Kitchen With Upgraded Cabinetry. The Showpiece Is The Stunning Solarium With Floor-To-Ceiling Windows And Walk-Out To A Mature Treed Yard, Creating A Peaceful, Forest-Like Retreat In Every Season. Upstairs Offers 4 Spacious Bedrooms And 3 Bathrooms, Including A 5-Piece Primary Ensuite, Rare Private Ensuite In The Third Bedroom, And Updated Main Bath. The Finished Basement Provides Added Versatility With Upgraded Flooring, Rough-In For A Kitchenette, And Space For Recreation Or Extended Family Living. Additional Rough-Ins For A Hot Tub, Built-In Speakers, And Gas BBQ Line Offer Excellent Future Potential. Close To Markham Village, GO Train, Transit, Hwy 407, Library, Trails, Parks, Morgan Pool, Arenas, Centennial, Cornell, and Aaniin Community Centres. A Beautifully Maintained Home Offering Charm, Space, And Markham Stouffville Hospital Convenience.

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

Closing Costs

Mortgage Amount
$1,317,600
Land Transfer Taxes$29,415
Legal Fees (Est.)
$
Total cash required for closing$360,315

Total Monthly Obligation

$7,581/mo
Mortgage $6,644
Monthly Loss $5,833
Principal$1,748
Interest$4,895
Property Tax$563
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$50,328/yr
NOI
$34,043/yr
Net Cash Flow
-$3,807/mo
Cash Margin
-90.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.0/ 100

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

Comparables

Properties near 140 Reeve Drive

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.