1 Althorp Way, Markham

$1,050,000
1 Althorp Way

$1,050,000

New
29d
Condo Townhouse2-Storey

1 Althorp Way, Markham

Total Monthly Obligation $6,026

Bed+Den
3+1
Baths
4
Park
2
Sqft
1600-1799
DOM
29d
Score
14
Yield
3.7%
Cash on Cash
-13.4%
Cap Rate
1.7%
5Y IRR
5.2%
10Y IRR
6.6%
Property Type-Condo Townhouse
MLS® Number-N13823298
Bed+Den-3+1
Bathrooms-4
Size-1600-1799 sqft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,342 (2026)
Maintenance-$1,228.53/mo
Locker-None
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-IMMEDIAETE
Neighbourhood-Greensborough
Title-Residential Condo & Other

No agent assigned

Welcome to Swan Lake, a community inside the Markham community. An Adult community where everything is at your fingertips with low maintenance fees you live a life without worry, with a 24 hour security gated house, no more cutting your grass, or shovelling snow. This little community offers tons of Adult entertainment and activities for everyday living and enjoying your life without worry. The fun and excitement never stops here, between the beautiful picturesque scenery surronding by trees. The club houses that are available to rent out for family events, also included fitness centre, indoor & outdoor pools, pickleball, bocce, tennis, gym, shufflleboard, walking trails, library & an active social scene with clubs & activities. All the beauty and serenity continue when you step into 1 Althorp Way, a 2 storey end unit no another garage beside, approximately 1,755 Sq ft, upgraded home.The main floor features hardwood flooring mixed with porcelain flooring in the bright open concept kitchen, lots of storage space and eco-friendly stainless steel appliances. Looking over the sink you have the option of watching TV or your pet playing in the fully fenced in backyard. An entertainer's delight with the fireplace, the patio doors and the dining area all at arms reach away.The primary bedroom features a walk-in closet and a 5 piece spa like ensuite bath. The second spacious bedroom offers large closets and a 3 piece ensuite bath. Laundry on the second floor for added convenience.The newly finished basement with vinyl flooring, 3 piece bath and either a 3rd bedroom or an office, adds room for family visits. The large rec room can be transformed into a dream space of your own. This house is designed for long term living and has stacked storage rooms on each level that can be turned into an elevator. Please find attached some information about how & where to install the elevator.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$840,000
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,975

Total Monthly Obligation

$6,026/mo
Mortgage $4,235
Monthly Loss $4,911
Principal$1,115
Interest$3,121
Property Tax$362
Condo Fees$1,229
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.6%0
5-Year IRR
2.8%6
10-Year IRR
5.3%
Returns Index
4.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$38,808/yr
NOI
$13,443/yr
Net Cash Flow
-$3,115/mo
Cash Margin
-96.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.0/ 100

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

Comparables

Properties near 1 Althorp Way

Time

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Data last updated within the past 24 hours.