28 Prince Regent Street Ph42, Markham

$619,000
28 Prince Regent Street Ph42

$619,000

New
25d
Condo ApartmentApartment

28 Prince Regent Street Ph42, Markham

Total Monthly Obligation $3,765

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
25d
Score
17
Yield
5.3%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-N13837586
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,826.5 (2026)
Maintenance-$833.04/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-MARKHAM CENTRE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-immed
Neighbourhood-Cathedraltown
Title-Residential Condo & Other

No agent assigned

Welcome to Garden Court at Cathedraltown! This beautifully maintained and freshly painted 2-bedroom + den penthouse offers approximately 874 sq. ft. of bright, open-concept living space with 9-ft ceilings, a functional split-bedroom layout, and a peaceful setting in the desirable Cathedraltown community.The modern, updated kitchen features a brand-new quartz countertop with breakfast bar and sink, marble backsplash, ample cabinetry, and a brand-new range hood, complemented by quality appliances including a Liebherr fridge, Bosch dishwasher and GE range. Enjoy brand-new wide-plank laminate flooring throughout, elegant crown moulding, and a convenient front-load LG washer and dryer.The spacious primary bedroom features a walk-in closet with a custom-built organizer, California shutters, and a private ensuite. The second bedroom offers a generous closet and access to a private balcony. The enclosed den provides a versatile space ideal for a home office or potential third bedroom. Two balconies offer additional outdoor living space, while the locker is conveniently located on the same floor as the unit.Nestled in a quiet, family-friendly neighbourhood with a European-inspired concept, the community is surrounded by parks, ponds, walking trails, local shops, restaurants, and everyday conveniences. Built by Monarch and LEED-certified as a green building, Garden Court is a well-maintained community offering excellent amenities including 24-hour concierge, party room, and underground car wash.Conveniently located just minutes from Highways 404 and 407, Richmond Green Secondary School, St. Augustine Catholic High School, shopping, grocery stores, restaurants, and entertainment. 1 parking space and 1 locker included. Truly move-in ready!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,765/mo
Mortgage $2,497
Monthly Loss $3,108
Principal$657
Interest$1,840
Property Tax$236
Condo Fees$833
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.7%17
10-Year IRR
8.2%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,096/yr
NOI
$14,563/yr
Net Cash Flow
-$1,283/mo
Cash Margin
-46.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.4/ 100

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

Comparables

Properties near 28 Prince Regent Street Ph42

Time

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