



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,088,000
Markham
12 Strathmore Drive, Markham (Raymerville), Ontario, L3P6J6
This 4-bedroom, 4-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $1,088,000, it is attractively priced about 14% below the $1,269,999 median asking price in Markham. It has been on the market 13 days, fresher than the Markham average of 78 days.
Beautifully Renovated Detached Home Move-In Ready! Featuring 3 spacious bedrooms upstairs and a fully finished basement with a separate entrance, an additional bedroom, and its own kitchen-ideal for extended family, an in-law suite, or potential rental income. Freshly renovated with modern finishes throughout, this home offers stylish living and excellent versatility. Enjoy outdoor entertaining in the large patio area within the fully fenced backyard. Conveniently located just minutes from Centennial GO and Markham GO stations, and close to Markville Mall, grocery stores, parks, and a variety of amenities offering children's lessons, programs, and activities. Situated within the catchment areas of highly regarded public and Catholic schools, including Markville Secondary School. A fantastic opportunity for families and investors alike-simply move in and enjoy! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 78 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 4-bed single family in Markham (Raymerville) has been listed for 13 days, which is 65 days fresher than the city average of 78. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,088,000, about 9.5× the local median household income of $115,000.
Carrying it typically needs a household income of about $212,524 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3P)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice