7325 Markham Road 504, Markham

$699,990
7325 Markham Road 504

$699,990

New
32d
Condo ApartmentApartment

7325 Markham Road 504, Markham

Total Monthly Obligation $3,550

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
32d
Score
18
Yield
4.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-N13809282
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,543.24 (2026)
Maintenance-$314.46/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-45/60/90 Days
Neighbourhood-Cedarwood
Title-Residential Condo & Other

No agent assigned

This home provides the perfect blend of comfort and convenience in this bright and spacious 2-bedroom plus enclosed den, 2-bathroom suite offering over 1,000 sq. ft. of functional living space. Located on the 5th floor, this well-maintained unit features a smart layout with no wasted space and an abundance of natural light throughout. The fully enclosed den offers incredible flexibility and can easily function as a third bedroom, home office, or guest space. The open-concept living and dining area flows seamlessly into a modern kitchen complete with granite countertops, backsplash, and stainless steel appliances. Laminate flooring runs throughout the unit with no carpet, creating a clean and cohesive feel. Step out onto your open north-facing balcony and enjoy unobstructed views, adding to the sense of space and privacy. This unit also includes the rare convenience of two parking spots, one underground and one surface, along with a locker for additional storage. Situated in a well-managed green building known for its energy efficiency, residents benefit from lower-than-average maintenance fees without compromising on space or comfort. Ideally located near Markham and Denison, with easy access to Highway 407, public transit, schools, library, shopping, and everyday essentials. An excellent opportunity for first-time buyers, downsizers, or anyone looking for a spacious and affordable option in a prime Markham location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,992
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,973

Total Monthly Obligation

$3,550/mo
Mortgage $2,824
Monthly Loss $2,807
Principal$743
Interest$2,081
Property Tax$212
Condo Fees$314
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,400/yr
NOI
$20,443/yr
Net Cash Flow
-$1,120/mo
Cash Margin
-41.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.2/ 100

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

Comparables

Properties near 7325 Markham Road 504

Time

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Data last updated within the past 24 hours.