2 Frank Davis Street, Markham

$1,180,000
2 Frank Davis Street

$1,180,000

Price Change
15d
Att/Row/Townhouse2-Storey

2 Frank Davis Street, Markham

Total Monthly Obligation $5,601

Beds
5
Baths
4
Park
1
Sqft
1500-2000
DOM
15d
Score
15
Yield
3.1%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Att/Row/Townhouse
MLS® Number-N13875934
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-32.35 × 90.21 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,595.16 (2026)
Parking-3 - Detached
Basement-Finished, Full, Development Potential
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

PRIME CORNELL END-UNIT CORNER LOT! Feels larger than a freehold, featuring double car garage and exceptionally bright & sunny home - East, South and Western exposure - packed with upgrades in one of Markham's most sought-after family neighbourhoods. Features a popular open-concept layout with newly updated main & 2nd floors, modern light fixtures, and quality harringbone flooring throughout principal living spaces. Beautifully updated kitchen with sleek stainless steel appliances, modern finishes, and a spacious eat-in breakfast area. The fully finished basement expands your living space with 2 additional bedrooms, a large rec area, and a 4-piece bath-ideal for extended family or a home office - possible to convert to basement apartment! Step outside to a beautifully landscaped, low-maintenance paved backyard framed by mature garden beds. Unbeatable location-walk to Markham Stouffville Hospital, Cornell Community Centre & Library, top schools, several parks, and the Cornell Bus Terminal. Smart home features included! Come see this turn-key fabulous house and call it your home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$944,000
Land Transfer Taxes$20,075
Legal Fees (Est.)
$
Total cash required for closing$257,575

Total Monthly Obligation

$5,601/mo
Mortgage $4,760
Monthly Loss $4,349
Principal$1,253
Interest$3,507
Property Tax$466
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.0%11
10-Year IRR
6.7%
Returns Index
6.8/ 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
$36,768/yr
NOI
$22,996/yr
Net Cash Flow
-$2,843/mo
Cash Margin
-92.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.1/ 100

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

Comparables

Properties near 2 Frank Davis Street

Time

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