16 Victor Herbert Way, Markham

$950,000
16 Victor Herbert Way

$950,000

Price Change
29d
Condo TownhouseMulti-Level

16 Victor Herbert Way, Markham

Total Monthly Obligation $4,712

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
2250-2499
DOM
29d
Score
22
Yield
5.7%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Condo Townhouse
MLS® Number-N13824494
Beds-3
Bathrooms-3
Size-2250-2499 sqft
Listed on site-Sep 24, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Taxes-$5,280 (2026)
Maintenance-$240.36/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-IMMED
Neighbourhood-Cathedraltown
Title-Residential Condo & Other

No agent assigned

Luxury Monarch Built Corner Unit*2429Sf Of Modish Living Space With $90K High-End Upgrds: Hardwood Floors, Oak Stairs W/Wrought Iron Pickets, Caesarstone Cntop/Glass Tile Bksplsh, Premium S/S Appliances & B/I Microwave/O,B/I Glass Cabnts . Wall Mounted Tv/Home Theatre In Family Rm, Living Room With 13' feet Ceiling & Modern Chandelier, Over 40 Potlites, Luxury Custom Ensuites, Custom Chute For Laundry Trspt From Upper To Lower Level, Mudroom W/Custom Closets/Cabinetry/Bench. Hot Water Tank is Owned;

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

Closing Costs

Mortgage Amount
$760,000
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,975

Total Monthly Obligation

$4,712/mo
Mortgage $3,832
Monthly Loss $3,704
Principal$1,008
Interest$2,824
Property Tax$440
Condo Fees$240
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.8%3
5-Year IRR
12.6%55
10-Year IRR
12.6%
Returns Index
28.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$54,216/yr
NOI
$38,230/yr
Net Cash Flow
-$646/mo
Cash Margin
-14.3%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
21.8/ 100

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

Comparables

Properties near 16 Victor Herbert Way

Time

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Data last updated within the past 24 hours.