2 Portia Street, Markham

$1,649,900
2 Portia Street

$1,649,900

New
24d
Detached2-Storey

2 Portia Street, Markham

Total Monthly Obligation $7,673

Beds
5
Baths
4
Park
3
Sqft
3000-3500
DOM
24d
Score
15
Yield
3.5%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-N13841112
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-35 × 82 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,710 (2025)
Parking-5 - Built-In
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX PARTNERS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Brick Front
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Premium Corner Lot approx 50 feet + 82 feet deep *Facing the Park*Over 3,200 sq ft*Upgraded Interlock landscaping + Long Driveway* Double Garage W/ 3 External Parking Spots.Total Can Park 5 Cars*Abundant Natural Light & Sunshine*Luxury Detached Home in Cornell, Markham* Stunning Detached Home W/ Spacious 4 Bdrms + versatile Library Rm (can convert into 5th Bedroom), W/ 4 Modern Bathrooms*Wrap Around Porch*Double Entrance Door*9' Ceilings on the Main Flr* Combined Dining & Family Rm feat. Cozy Fireplace* Open Concept Large Kitchen W/ Custom Built-In Cabinets* 5-Pc Ensuite Master Bdrm W/ W/I Closet, Jacuzzi Tub*Hardwood Throughout*Pot Lights* Just minutes from Rouge National Urban Park, top-rated schools, Markham Stouffville Hospital, community centres, public transit, and with convenient access to Highway 407, this exceptional home combines comfort, style, and an unbeatable location. School: GR JK-08 Black Walnut Public School, GR 09-12 Bill Hogarth Secondary School, IB Milliken Mills High School*

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

Closing Costs

Mortgage Amount
$1,319,920
Land Transfer Taxes$29,473
Legal Fees (Est.)
$
Total cash required for closing$360,953

Total Monthly Obligation

$7,673/mo
Mortgage $6,655
Monthly Loss $5,921
Principal$1,751
Interest$4,904
Property Tax$643
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.5/ 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
$57,108/yr
NOI
$39,187/yr
Net Cash Flow
-$3,390/mo
Cash Margin
-71.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.3/ 100

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

Comparables

Properties near 2 Portia Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.