30 Westmeath Lane 2521, Markham

$585,000
30 Westmeath Lane 2521

$585,000

Price Change
27d
Condo Townhouse3-Storey

30 Westmeath Lane 2521, Markham

Total Monthly Obligation $3,131

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
27d
Score
19
Yield
5.3%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Townhouse
MLS® Number-N13832464
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 26, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$2,864.14 (2026)
Maintenance-$332.85/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/FUTURE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-TBD
Neighbourhood-Cornell
Title-Residential Condo & Other

No agent assigned

EXCEPTIONAL VALUE IN HIGH-DEMAND CORNELL! Welcome To 30 Westmeath Lane, Unit 2521 - A Bright & Spacious 2-Bedroom, 2-Bathroom Stacked Townhome Offering Approx. 1,200 Sq. Ft. Of Well-Designed Living Space Across 2 Levels, Plus An Impressive Private Rooftop Terrace Freshly Painted In Chic, Neutral Tones & Featuring 9-Ft Ceilings, This Beautiful Home Offers A Bright, Airy & Contemporary Feel Throughout. The Sun-Filled Open-Concept Living & Dining Area Features A Modern Kitchen With A Large Peninsula/Breakfast Bar, Ample Counter & Cabinet Space, And A Walkout To A Private Balcony - Perfect For BBQs, Outdoor Dining & Entertaining. Enjoy Open Views Toward Markham Stouffville Hospital & Cornell Bus Terminal From The Balcony & Rooftop Terrace. The Large Private Rooftop Terrace Is A Standout Feature, Offering Exceptional Outdoor Living Space - Perfect For Entertaining, Relaxing & Enjoying Summer Evenings. The Upper Level Features 2 Generously Sized Bedrooms, Including A Spacious Primary Bedroom With A Large Closet, Along With A 3-Piece Main Bathroom & Convenient In-Suite Laundry Includes 1 Underground Parking Space & A Dedicated Locker. Ideally Located In The Highly Sought-After Cornell Community, Just Minutes To Markham Stouffville Hospital, Cornell Community Centre & Library, Cornell Bus Terminal, Parks, Trails, Schools, Shopping & Everyday Amenities, With Convenient Access To Hwy 7, Hwy 407 & Nearby GO Transit. A Fantastic Opportunity To Enjoy Spacious, Modern Townhome Living With Exceptional Private Outdoor Space In One Of Markham's Most Desirable Communities! ( some listing images have been digititally enhanced, inlcluding virtual twilinght effects)

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,131/mo
Mortgage $2,360
Monthly Loss $2,510
Principal$621
Interest$1,739
Property Tax$239
Condo Fees$333
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,768/yr
NOI
$18,433/yr
Net Cash Flow
-$824/mo
Cash Margin
-32.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.0/ 100

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

Comparables

Properties near 30 Westmeath Lane 2521

Time

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Data last updated within the past 24 hours.