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

Markham, ON L6B 1B6

3 Beds

2 Baths

1 sq ft

2 Storey Freehold Townhouse
Listed

$749,900

Asking Price

$150K Instant Equity. Markham Townhouse. Move-In Ready, photo 1
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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

Score: 150000 / 10

Recommended Strategy:

Fix & Flip|Rental|Turnkey

Facts & 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

Business Case

Mortgage Calculator

Down Payment

0%
20%
50%
100%

Canadian semi-annual compounding

Down

$149,980

Loan

$599,920

Monthly P+I

$4,018

Cash Flow Analysis

= $149,980  ·  20.0% committed

Auto-calculated from mortgage above

Ontario default: 1.2% of $749,900 ÷ 12

Monthly Summary

Mortgage (P+I)

$4,018

Property Tax

$750

Total Out

$4,768

Rental In

$0

Net / Month

-$4,768

Net Cash Flow

NET / MO-$4,768

Enter rental income to activate the gauge

Asking Price

$749,900

Listed

Posted Jul 29, 2026 · about 1 month ago

3 bd

·

2 ba

·

1 sqft

Interested in this property?

Get details and a cash offer from our team.

Or call (647) 333 0170