9560 Markham Road 318, Markham

$499,999
9560 Markham Road 318

$499,999

New
27d
Condo ApartmentApartment

9560 Markham Road 318, Markham

Total Monthly Obligation $3,257

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
27d
Score
18
Yield
6.3%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-N13831432
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 26, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,455.99 (2026)
Maintenance-$835.36/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-2-3 Months
Neighbourhood-Wismer
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully maintained, original-owner residence offering an ideal blend of comfort, convenience and family-friendly living. 2 Bedroom 2 Bathroom with desirable south and west exposures and expansive floor-to-ceiling windows, the home enjoys abundant natural light from morning through sunset. Quietly positioned away from the main road, it provides a peaceful retreat from the city. A rare highlight is the inclusion of TWO side-by-side underground parking spaces (#36 and #37)-perfect for a two-car household or offering potential additional rental income where permitted. The thoughtfully upgraded interior features granite countertops in the kitchen, along with a stylish kitchen backsplash. Located within the highly ranked Wismer Public School area and approximately a five-minute walk from the GO Train station, this is an exceptional choice for commuters travelling downtown. Everyday essentials are conveniently close by, including convenience stores, Shoppers Drug Mart, Home Depot and a walk-in clinic. Residents can also enjoy excellent building amenities, including a fitness centre, party room, Billiards room. Bright, quiet, meticulously cared for and exceptionally connected-this is the ideal place to call home.

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

Closing Costs

Mortgage Amount
$399,999
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$3,257/mo
Mortgage $2,017
Monthly Loss $2,726
Principal$531
Interest$1,486
Property Tax$205
Condo Fees$835
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
12.9/ 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
$31,548/yr
NOI
$13,513/yr
Net Cash Flow
-$891/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.4/ 100

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

Comparables

Properties near 9560 Markham Road 318

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.