233 South Park Road 1012, Markham

$668,888
233 South Park Road 1012

$668,888

New
30d
Condo ApartmentApartment

233 South Park Road 1012, Markham

Total Monthly Obligation $3,820

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
30d
Score
17
Yield
5.1%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-N13818092
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,672.86 (2026)
Maintenance-$699.22/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

Welcome to this Beautiful, Bright 2-Bedroom, 2-Bathroom Unit right in the heart of the Prestigious Eden Park Towers in Markham. Freshly Painted (2026), with a Modern Kitchen that boasts Stainless Steel Appliances, Brand-New Faucets throughout the home(2026), Granite Countertops, New GE Washer and Dryer ( 2026), and ample Storage and Cabinetry. The Large Primary Bedroom fits a king-size bed, comes with a 4 PC Ensuite and features a Walk-In Closet with Custom Closet Organizers. The Spacious, Open-Concept Living and Dining Room Offers Natural Light through Large windows, and a Functional layout that allows for comfortable living and entertaining guests. The Unobstructed east-facing exposure offers picturesque views of the landscaped courtyard and a charming neighbourhood setting. The spacious east-facing balcony offers the perfect opportunity to create your own outdoor retreat-ideal for quiet mornings, meditation, entertaining friends, or simply unwinding at the end of a busy day with a glass of wine, all in the comfort of your own private space. Additional conveniences include Two Full Bathrooms, a dedicated Parking Spot, and a Private Locker for Extra Storage. Exceptional amenities include Indoor Pool, Party Room, Billiards and Ping Pong, Media Room, Games Room, 24 HR Concierge, and ample Visitor Parking. Conveniently located and minutes to HWY 404/407, Public Transportation, Times Square, Commerce Gate, Walmart, Loblaws, Restaurants, Ada Mackenzie Park, Green space, Tennis Court, Basketball Court, Soccer Field, Off-leash Dog Park. Prestigious schools include St Robert's Catholic High School, and Thornlea Secondary School. This beautifully maintained, move-in-ready home is ready to welcome you!

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

Closing Costs

Mortgage Amount
$535,110
Land Transfer Taxes$9,853
Legal Fees (Est.)
$
Total cash required for closing$145,131

Total Monthly Obligation

$3,820/mo
Mortgage $2,698
Monthly Loss $3,110
Principal$710
Interest$1,988
Property Tax$223
Condo Fees$699
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.5%20
10-Year IRR
8.7%
Returns Index
11.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,068/yr
NOI
$17,198/yr
Net Cash Flow
-$1,265/mo
Cash Margin
-44.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.4/ 100

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

Comparables

Properties near 233 South Park Road 1012

Time

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Data last updated within the past 24 hours.