57 James Joyce Drive, Markham

$1,299,000
57 James Joyce Drive

$1,299,000

New
2d
Detached2-Storey

57 James Joyce Drive, Markham

Total Monthly Obligation $6,161

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
2d
Score
16
Yield
3.7%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-N14102678
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40.03 × 98.45 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,554.77 (2026)
Parking-6 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Victoria Manor-Jennings Gate
Title-Residential Freehold

No agent assigned

Welcome to 57 James Joyce Drive, a beautifully appointed detached home nestled on a quiet, family-friendly street in one of Markham's most sought-after communities. Thoughtfully finished from top to bottom, this sun-filled 4-bedroom, 3-bathroom home features rich hardwood floors, an elegant oak staircase and 9-ft ceilings on the main level, creating a bright and inviting atmosphere throughout. The open-concept living and dining areas flow seamlessly into a stylish chef's kitchen complete with stainless steel appliances, granite countertops, breakfast bar, and walk-out to a private, fully fenced backyard perfect for summer entertaining and family enjoyment. Upstairs, the spacious primary retreat offers a walk-in closet and spa inspired4-piece ensuite, while three generous bedrooms share a pristine main bathroom. The unfinished lower level provides excellent potential for a future recreation room, home office, gym, or kids' playroom. Ideally located just steps to top-ranked schools, parks, trails, shopping, andTTC/YRT transit and minutes to Angus Glen Golf Club, historic Main Street Unionville, Hwy404/407, and Markville Mall. Move-in ready and perfectly positioned for modern family living, don't miss this exceptional opportunity.

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

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

$6,161/mo
Mortgage $5,240
Monthly Loss $4,782
Principal$1,379
Interest$3,861
Property Tax$546
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.5/ 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
$48,480/yr
NOI
$32,577/yr
Net Cash Flow
-$2,525/mo
Cash Margin
-62.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.8/ 100

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

Comparables

Properties near 57 James Joyce Drive

Time

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