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Publicly listedPosted 3 months ago

$150K Instant Equity. Markham Townhouse. Move-In Ready

Markham, ON L6B 1B6

Asking Price

$749,900

3

Beds

2

Baths

1

Sq ft

2 Storey Freehold Townhouse

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Who’s looking for a profitable property? End users get over $150K in instant equity on a move-in-ready freehold. Smaller townhomes are regularly selling in the high $800Ks and even low $900Ks! If fully renovated, similar-sized comps are selling well over $1M! Giving flippers a strong spread with only cosmetic work required. The big ticket items are in great shape! The AC and Furnace are only 2 years old and the roof is only 6 years. Unlike many comps, this home has a 2 car garage, a finished full-height basement, 10 ft main-floor ceilings, and it fronts directly onto a park! SUMMARY: – LOCATION: Markham, ON (Ninth Line & Hwy 7) – PURCHASE PRICE: $749,900 Or Best Offer – AFTER REPAIR VALUE: $1,000,000+ – CLOSING: August 31, 2026 (Some flexibility required. This is an assignment sale.) – TYPE: 2 Storey Freehold Townhouse – BEDS/BATHS: 3+1 beds/2.5 baths – PARKING: 2-car garage + 1 driveway space – BASEMENT: Finished, full height with approximately 7 ft 5 in ceilings – SQFT: 1,572 – LOT: 19’ 123’ – AGE: 1998 – PROPERTY TAX: $4,132 (2025) – POSSESSION: Vacant GOOD NEWS: – Move-in-ready condition with no major renovation required – Big ticket items in GREAT shape! Furnace and AC approximately 2 years old, roof approximately 6 years old – Finished full-height basement with an additional bedroom – 10 ft main-floor ceilings and a rare 2-car garage – Park frontage, village shops within walking distance and Cornell Bus Terminal nearby – Future coach house potential above the garage, subject to zoning and permits LISTING ID: 0726-MAR-F01 MORE PICTURES and our contact info are here:

Opportunity analysis

Opportunity score

10 / 10

Recommended strategy

Fix & Flip|Rental|Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

2 Storey Freehold Townhouse

Status

Move-in-ready

Square feet

1 sq ft

Lot size

19’ x 123’

Parking

2-car garage + 1 driveway space

Basement

Finished, full height with approximately 7 ft 5 in ceilings

Separate entrance

No

Mortgage calculator

Full calculator

20.0%

0%
20%
50%
100%

Monthly payment (principal + interest)

$4,018

Down payment

$149,980

Mortgage amount

$599,920

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $149,980 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$4,768/mo

Mortgage (P+I)

−$4,018

Property tax

−$750

Asking Price

$749,900

Interested in this property?

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