8228 Birchmount Road Ph12, Markham

$595,999
8228 Birchmount Road Ph12

$595,999

New
25d
Condo ApartmentApartment

8228 Birchmount Road Ph12, Markham

Total Monthly Obligation $3,333

Bed+Den
2+1
Baths
1
Park
2
Sqft
600-699
DOM
25d
Score
17
Yield
4.8%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-N13837736
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,694.54 (2026)
Maintenance-$504.61/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BENCHMARK SIGNATURE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30/60
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Your Unionville Dream Starts Here! Enjoy Effortless Penthouse Living In This Elegant 1-Bedroom Plus Den, Offering 683 Sq. Ft. Of Thoughtfully Designed Interior Space, Soaring 10-Foot Ceilings, And A 42 Sq. Ft. Private Balcony With Unobstructed Views. Bright And Inviting, The Open-Concept Layout Features Rich Hardwood Flooring, Crown Moulding, And Mirrored Accents That Enhance The Sense Of Space. The Upgraded Kitchen Combines Dark Wood Cabinetry, Granite Countertops, An Undermount Sink, A Mosaic Backsplash, And Stainless Steel Appliances. A Generously Sized Den Provides Flexible Space For Working From Home Or Hosting Overnight Guests, While The Spacious Bedroom Features A Wall-To-Wall Closet. Enjoy Morning Coffee Or Unwind At Sunset On Your Balcony. Includes One Tandem Parking Space Accommodating Two Cars And One Locker. Steps To Whole Foods, Casa Victoria, RBC, BMO, Restaurants, Cafés, And Everyday Conveniences. Building Amenities Include A Party Room, Guest Suites, And Visitor Parking. Select Photos Have Been Virtually Staged And Digitally Enhanced For Illustration Purposes.

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

Closing Costs

Mortgage Amount
$476,799
Land Transfer Taxes$8,395
Legal Fees (Est.)
$
Total cash required for closing$129,095

Total Monthly Obligation

$3,333/mo
Mortgage $2,404
Monthly Loss $2,701
Principal$633
Interest$1,771
Property Tax$225
Condo Fees$505
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.7/ 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
$28,896/yr
NOI
$14,857/yr
Net Cash Flow
-$1,166/mo
Cash Margin
-48.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.7/ 100

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

Comparables

Properties near 8228 Birchmount Road Ph12

Time

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