111 Fred Varley Drive, Markham

$1,488,000
111 Fred Varley Drive

$1,488,000

New
7d
DetachedBacksplit 3

111 Fred Varley Drive, Markham

Total Monthly Obligation $7,157

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
7d
Score
14
Yield
2.9%
Cash on Cash
-11.8%
Cap Rate
2.1%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-N14084898
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 125 ft
Listed on site-Oct 16, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$9,352.35 (2026)
Parking-6 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Outdoor
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Unionville
Title-Residential Freehold

No agent assigned

An Exceptional Opportunity in the Heart of Historic Unionville!Backing onto the mature trees and tranquil stream of Toogood Park, this beautifully renovated home sits on a spectacular 50' x 125' private lot, offering a rare combination of natural beauty, privacy, and future potential. Featuring a custom addition and extensive upgrades throughout, the home boasts soaring cathedral ceilings, skylights, pot lights, a spacious great room, and an elegant oversized dining area. The upgraded kitchen features granite countertops and a breakfast bar, while two gas fireplaces add warmth and character. Three upgraded bathrooms, a generously sized primary bedroom with a large walk-in closet and spacious 4-piece ensuite, and convenient main-floor laundry complete the interior.Step outside to a private backyard retreat featuring lush gardens, a swimming pool, expansive decks, and a stone patio overlooking the serene park setting. Enjoy this inviting home as it is or explore the potential to build your dream home on this premium lot. Situated in one of Markham's most desirable school districts, this exceptional property is also just a short walk to historic Unionville Main Street, top-rated schools, parks, and charming local amenities. A rare opportunity to enjoy an outstanding lifestyle in one of Unionville's most coveted neighbourhoods!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,190,400
Land Transfer Taxes$26,235
Legal Fees (Est.)
$
Total cash required for closing$325,335

Total Monthly Obligation

$7,157/mo
Mortgage $6,002
Monthly Loss $5,577
Principal$1,579
Interest$4,423
Property Tax$779
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.0%8
10-Year IRR
5.9%
Returns Index
5.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$42,648/yr
NOI
$24,531/yr
Net Cash Flow
-$3,958/mo
Cash Margin
-111.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 111 Fred Varley Drive

Time

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