42 Lady Fern Drive, Markham

$1,299,000
42 Lady Fern Drive

$1,299,000

New
8d
Detached2-Storey

42 Lady Fern Drive, Markham

Total Monthly Obligation $6,112

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
8d
Score
16
Yield
3.5%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-N14080326
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-32.19 × 144.6 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,969.23 (2026)
Parking-6 - Built-In
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Electric, Rec Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex Closing
Neighbourhood-Legacy
Title-Residential Freehold

No agent assigned

Discover recently renovated interiors and a private backyard oasis at 42 Lady Fern Drive, a detached home offering 2,265 sqft. above grade, 3+1 bedrooms, 4 bathrooms and parking for 6 in Markham's desirable Legacy community. Double entry doors welcome you to a main level featuring hardwood and ceramic flooring, crown moulding in most areas and California shutters throughout. The kitchen offers stainless steel appliances, laminate countertops, a ceramic backsplash and a centre island with an undermount sink and breakfast bar. The adjoining dining area opens to a spacious, fully fenced backyard with an interlock patio, two gazebos, including one with built-in seating, a firepit and planters for vegetables and flowers. A gas fireplace anchors the inviting family room, while an office with French doors, a laundry mudroom with garage access and a powder room complete the main level. Upstairs, hardwood lines the hallway and parquet flooring extends throughout the bedrooms. The primary retreat features crown moulding, casement windows, a walk-in closet and a 5-piece ensuite with a double-sink vanity, soaker tub and separate glass shower. The front bedrooms enjoy large picture casement windows and ample closet space, complemented by a shared 4-piece bathroom. The finished basement offers potential for in-law living, with ceramic and laminate flooring, pot lights, an open-concept kitchen and dining area with appliances, an included electric fireplace, a recreation room with above-grade windows and a 2-piece bathroom. Enjoy nearby Rouge River trails, Legacy Park, Rouge National Urban Park, Markham Green Golf Club and Box Grove Community Centre. Schools include Legacy Public School, David Suzuki Public School and Sir Richard W. Scott Catholic School, while Box Grove Centre, SmartCentres Markham and Markham Stouffville Hospital add everyday convenience. Access to YRT/Viva transit, Markham GO Station and Highways 407, 7 and 404 connects you across the GTA.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,112/mo
Mortgage $5,240
Monthly Loss $4,733
Principal$1,379
Interest$3,861
Property Tax$497
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%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
16/ 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
$45,960/yr
NOI
$30,895/yr
Net Cash Flow
-$2,665/mo
Cash Margin
-69.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.7/ 100

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

Comparables

Properties near 42 Lady Fern Drive

Time

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