6884 14th Avenue 2A, Markham

$688,000
6884 14th Avenue 2A

$688,000

New
51d
Condo ApartmentApartment

6884 14th Avenue 2A, Markham

Total Monthly Obligation $3,473

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
51d
Score
19
Yield
4.7%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-N13744846
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,796 (2026)
Maintenance-$265/mo
Locker-None
Parking-1 - None
Basement-Apartment, None
Heating-Forced Air (Gas)
Brokerage-PEAK GROUP REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-Box Grove
Title-Residential Condo & Other

No agent assigned

Welcome to this newly updated end-unit in Box Grove! Located in one of Markham's most desirable communities, Box Grove offers the perfect blend of urban convenience and natural surroundings. This, one-owner condo features over 1,000 sq. ft., 2 beds, 2 full baths, a private primary ensuite, 9-ft ceilings and hardwood flooring throughout! The bright open concept kitchen, dining, and living areas are filled with natural light from end unit windows and sliding doors leading to a spacious 19.9' x 8' covered patio overlooking green space and a tranquil pond-perfect for relaxing or entertaining.Tastefully updated in 2026, the home features newly painted walls and refinished kitchen cabinetry, new stove & dishwasher and interiors styled by HGTV award-winning designer Marcy Mussari. Additional highlights include a private entrance, dedicated parking space and low maintenance fees of just $265/month (including water, building maintenance, snow removal, building insurance, 1 parking space + visitor). Enjoy the lifestyle being steps from Toronto's only National Park, Rouge National Urban Park, and Box Grove Community Park, featuring over 30 acres of amenities including free tennis and basketball courts, splash pad, playgrounds, and an off-leash dog park. Nature lovers will appreciate over 500 acres of scenic walking trails nearby.Commuters will appreciate quick access to Highways 407, 404 and 401, along with GO Transit, YRT, and the Box Grove Bus Terminal, making travel throughout Markham and the GTA fast and convenient. Adding even more convenience, this residential unit is situated above professional medical offices including family physicians, a dentist, and a pharmacy. Location is within minutes from Main Street Markham, Markham Stouffville Hospital, multiple public schools, restaurants, cafés, Longos grocery store, LCBO, and shopping centres. Move-in ready, updated, and a great location, this is an great opportunity to own in one of Markham's most sought-after communities.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$550,400
Land Transfer Taxes$10,235
Legal Fees (Est.)
$
Total cash required for closing$149,335

Total Monthly Obligation

$3,473/mo
Mortgage $2,775
Monthly Loss $2,743
Principal$730
Interest$2,045
Property Tax$233
Condo Fees$265
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,460/yr
NOI
$20,838/yr
Net Cash Flow
-$1,039/mo
Cash Margin
-38.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.8/ 100

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

Comparables

Properties near 6884 14th Avenue 2A

Time

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Data last updated within the past 24 hours.