89 Castan Avenue, Markham

$1,188,000
89 Castan Avenue

$1,188,000

New
20d
Semi-Detached 2-Storey

89 Castan Avenue, Markham

Total Monthly Obligation $5,615

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
20d
Score
15
Yield
3.3%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
9.0%
Property Type-Semi-Detached
MLS® Number-N13859444
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-26.11 × 111.32 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-16-30
Taxes-$5,369.24 (2026)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-IMME
Neighbourhood-Village Green-South Unionville
Title-Residential Freehold

No agent assigned

Welcome to this beautifully upgraded, south-facing, 4-bedroom home rarely offered in the desirable South Unionville community. Offering approximately 1,850 sq. ft. of bright, functional living space above grade, this move-in-ready home has been thoughtfully refreshed for modern family living. Freshly painted throughout with modern light fixtures, the home features abundant natural light. The south-facing family room and breakfast area are bathed in sunlight throughout the day, creating warm and inviting spaces for everyday living and entertaining.The newly renovated kitchen features sleek cabinetry, elegant countertops, brand-new stove, dishwasher and range hood, and contemporary finishes. Both upstairs bathrooms have also been comprehensively renovated with brand-new vanities, refreshed tilework, stylish fixtures, and updated lighting.Step outside to the newly renovated deck, perfect for outdoor dining, relaxing, and family gatherings.Located in a quiet, family-friendly neighbourhood near Markville Secondary School, Unionville Meadows Public School, parks, playgrounds, T&T Supermarket, restaurants, Markham Pan Am Centre, YMCA, Main Street Unionville, and Markville Shopping Centre. Easy access to Highways 407 and 404 and Unionville GO Station.Bright, spacious, and move-in ready, this beautifully upgraded home offers an excellent opportunity for first-time buyers, growing families and savvy investors in the heart of South Unionville.

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

Closing Costs

Mortgage Amount
$950,400
Land Transfer Taxes$20,235
Legal Fees (Est.)
$
Total cash required for closing$259,335

Total Monthly Obligation

$5,615/mo
Mortgage $4,792
Monthly Loss $4,353
Principal$1,261
Interest$3,531
Property Tax$447
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.8/ 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
$38,952/yr
NOI
$25,188/yr
Net Cash Flow
-$2,693/mo
Cash Margin
-83.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.2/ 100

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

Comparables

Properties near 89 Castan Avenue

Time

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