51 Yale Lane, Markham

$899,000
51 Yale Lane

$899,000

New
8d
Semi-Detached 2-Storey

51 Yale Lane, Markham

Total Monthly Obligation $4,348

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.4%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Semi-Detached
MLS® Number-N14081800
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-23.62 × 104.99 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$4,154.78 (2026)
Parking-3 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Cornell
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained 2-storey semi-detached home offering over 2500 sq. ft. of spacious and functional total living space in a highly desirable neighborhood. Featuring 9-ft ceilings on the main floor, hardwood flooring throughout the main and second levels, and a bright open-concept layout ideal for everyday living and entertaining. The combined living and dining areas are accented by elegant decorative columns, while the inviting family room features a cozy gas fireplace. The spacious kitchen offers a large centre island, stainless steel appliances, ample cabinetry, and plenty of room for family gatherings. Upstairs, you'll find generously sized bedrooms, including an impressive primary retreat with a walk-in closet and spacious ensuite bath. Enjoy added peace of mind with several important updates, including a new furnace (2020), new roof (2021), and new heat pump (2023). A large covered front porch enhances the home's curb appeal and provides the perfect place to relax. The fully finished basement offers valuable additional living space with a bedroom, full bathroom, and spacious recreation room-ideal for extended family, guests, a home office, or entertainment area. Step outside to a spacious, fully stone-paved backyard offering a low-maintenance outdoor space perfect for BBQs, entertaining, and family gatherings. An additional parking pad provides space for up to 2 extra vehicles. Conveniently located close to schools, parks, community centres, shopping, banks, public transit, and everyday amenities. A spacious and well-cared-for home featuring an excellent layout, generous bedroom sizes, major recent upgrades, ample parking, and fantastic indoor and outdoor living space. Move in and enjoy!

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,348/mo
Mortgage $3,626
Monthly Loss $3,393
Principal$954
Interest$2,672
Property Tax$346
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.3/ 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
$39,720/yr
NOI
$27,093/yr
Net Cash Flow
-$1,369/mo
Cash Margin
-41.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.2/ 100

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

Comparables

Properties near 51 Yale Lane

Time

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