38 Coleluke Lane, Markham

$899,900
38 Coleluke Lane

$899,900

New
21d
Semi-Detached 2-Storey

38 Coleluke Lane, Markham

Total Monthly Obligation $4,384

HausQ Valuation Report
Beds
5
Baths
4
Park
1
Sqft
1500-2000
DOM
21d
Score
18
Yield
4.4%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Semi-Detached
MLS® Number-N13855958
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-24.61 × 95.21 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-6-15
Taxes-$4,544.79 (2025)
Parking-2 - Built-In
Basement-Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Middlefield
Title-Residential Freehold

No agent assigned

Welcome to 38 Coleluke Lane, an impeccably maintained carpet-free semi-detached home located in one of Markham's most desirable family-friendly communities. This bright and spacious home offers an exceptional layout designed for modern living, featuring a versatile second-floor family room that can easily be converted into a 4th bedroom. The contemporary kitchen is equipped with stainless steel appliances and overlooks the inviting living and dining areas, making it ideal for everyday living and entertaining. Retreat to the generous primary bedroom featuring a walk-in closet and a private ensuite bathroom. Step outside to a fully fenced backyard complete with a large deck-perfect for summer BBQs, entertaining guests, or simply unwinding. Additional upgrades include a water purification system for added comfort and convenience. Situated in an unbeatable location, just minutes to top-rated schools, parks, Costco, shopping, restaurants, TTC and YRT transit, and major highways, this home offers the perfect blend of comfort, style, and convenience. A fantastic opportunity to own a move-in-ready home in one of Markham's most sought-after neighbourhoods.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,384/mo
Mortgage $3,630
Monthly Loss $3,428
Principal$955
Interest$2,675
Property Tax$379
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.4%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,300/yr
NOI
$26,325/yr
Net Cash Flow
-$1,436/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.9/ 100

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

Comparables

Properties near 38 Coleluke Lane

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.