2 Westmeath Lane 2113, Markham

$596,000
2 Westmeath Lane 2113

$596,000

Price Change
26d
Condo TownhouseStacked Townhouse

2 Westmeath Lane 2113, Markham

Total Monthly Obligation $3,178

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
26d
Score
19
Yield
5.2%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Townhouse
MLS® Number-N13832898
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 27, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$2,954.78 (2026)
Maintenance-$327.34/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-90 days Flexible
Neighbourhood-Cornell
Title-Residential Condo & Other

No agent assigned

Welcome to 2 Westmeath Lane unit 2113 (about 1168 Sq Ft) in the highly demanded Cornell community! Steps to Hwy 7 and few minutes walk to Stouffville Hospital in Markham.This is a low-fee 2 Bedroom & 2 washroom unit on the top 3 levels of this stacked townhouse. The main floor fits a big living room, a modernized kitchen, an eat-in dining area and an updated vanity (2025) in the 2pc Washroom. The 2nd floor fits two bedrooms and an updated 3pc washroom (2025). The 3rd floor is the furnace room and an open space for a small office connecting to a big east-facing terrace. One parking & one locker are included. Very practical and functional floor plan for a small family. Cozy, clean and quiet! Please come to see it and you won't be disappointed.

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Closing Costs

Mortgage Amount
$476,800
Land Transfer Taxes$8,395
Legal Fees (Est.)
$
Total cash required for closing$129,095

Total Monthly Obligation

$3,178/mo
Mortgage $2,404
Monthly Loss $2,545
Principal$633
Interest$1,771
Property Tax$246
Condo Fees$327
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.4/ 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
$18,408/yr
Net Cash Flow
-$870/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.6/ 100

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

Comparables

Properties near 2 Westmeath Lane 2113

Time

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Data last updated within the past 24 hours.