187 Morning Dove Drive, Markham

$1,345,000
187 Morning Dove Drive

$1,345,000

New
15d
Detached2-Storey

187 Morning Dove Drive, Markham

Total Monthly Obligation $6,348

Beds
4
Baths
4
Park
3
Sqft
2000-2500
DOM
15d
Score
15
Yield
3.5%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-N13878756
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-36.41 × 89.95 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,569.23 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ANJIA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60 Days/TBA
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Gorgeous Double Garage Detached Home Situated On A Premium Corner Lot In The Desirable Cornell Community. Close To 2,500 Sq Ft Of Beautifully Maintained Home With Extra-Large Windows Providing Abundant Natural Light. Freshly Painted Throughout, Featuring Upgraded Light Fixtures, Pot Lights & Modern Finishes. Gourmet Kitchen Boasts Quartz Countertops & Backsplash, A Huge Centre Island/Breakfast Bar, Built-In Kitchen Aid Appliances, Extended Cabinetry & Under-Cabinet Lighting. Four Spacious Bedrooms On The Second Floor. All Three Bathrooms Feature New Vanities (2026). Professionally Finished Basement Offers A Huge Recreation Area, Game Room That Can Easily Be Used As A Bedroom, Pantry & 3-Pc Bath. 3-Car Driveway With No Sidewalk. Beautiful Landscaping Adds To The Home's Exceptional Curb Appeal. Enjoy The Family-Friendly Cornell Community With Parks, Trails, Schools & Amenities Nearby, And Within Walking Distance To Elementary Schools & Parks. A Must-See!

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

Closing Costs

Mortgage Amount
$1,076,000
Land Transfer Taxes$23,375
Legal Fees (Est.)
$
Total cash required for closing$293,875

Total Monthly Obligation

$6,348/mo
Mortgage $5,425
Monthly Loss $4,920
Principal$1,428
Interest$3,998
Property Tax$547
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.0/ 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
$46,812/yr
NOI
$31,062/yr
Net Cash Flow
-$2,837/mo
Cash Margin
-72.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
15.4/ 100

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

Comparables

Properties near 187 Morning Dove Drive

Time

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