180 Markham Road 816, Toronto E08

$349,999
180 Markham Road 816

$349,999

New
25d
Condo ApartmentApartment

180 Markham Road 816, Toronto E08

Total Monthly Obligation $2,673

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
25d
Score
25
Yield
9.5%
Cash on Cash
3.8%
Cap Rate
5.4%
5Y IRR
18.6%
10Y IRR
17.1%
Property Type-Condo Apartment
MLS® Number-E13834356
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,012.85 (2026)
Maintenance-$976.65/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TERREQUITY REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Unknown
Foundation-Concrete
Possession-TBA
Neighbourhood-Scarborough Village
Title-Residential Condo & Other

No agent assigned

This is a rare opportunity to own this beautiful 2-bedroom, 1.5-bathroom corner condominium suite featuring a long balcony which brings in unobstructed views with natural light throughout. This is a spacious unit. The suite has been freshly painted and features parquet wood flooring throughout. The kitchen is equipped with elegant backsplash, Stove, Fridge, Over-the-range Microwave, and a dishwasher. The master bedroom includes a 1/2 bathroom and a large walk-in closet, while the second bedroom also offers generous closet space. Features underground parking and a storage locker. Maintenance fees include utilities such as electricity, heat, water, Rogers high-speed internet, and cable TV, offering exceptional value and convenience. Area is TTC transit-friendly, including access to express TTC buses such as 986, 902, 102, and 905. Is close to Eglinton GO Station, Guildwood GO Station, and Kennedy Subway Station, as well as several schools, daycares, places of worship, banks, local restaurants, and fast-food chains such as McDonald's, Pizza Pizza, Tim Hortons, Starbucks, and Popeyes Louisiana Kitchen within walking distance or a short drive/bus ride. Also well positioned for healthcare, pharmacy, library, and recreation access, as well as groceries and shopping such as Batala Supermarket, Dollarama, Metro, and Walmart. A wonderful opportunity to own a spacious unit in a family-friendly location.

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

Closing Costs

Mortgage Amount
$279,999
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,225

Total Monthly Obligation

$2,673/mo
Mortgage $1,412
Monthly Loss $2,301
Principal$372
Interest$1,040
Property Tax$84
Condo Fees$977
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.9%64
10-Year IRR
14.0%
Returns Index
32.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$33,240/yr
NOI
$14,783/yr
Net Cash Flow
-$180/mo
Cash Margin
-6.5%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
32.4/ 100

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

Comparables

Properties near 180 Markham Road 816

Time

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