108 South Park Road, Markham

$1,438,800
108 South Park Road

$1,438,800

New
23d
Condo Townhouse3-Storey

108 South Park Road, Markham

Total Monthly Obligation $6,930

Beds
3
Baths
4
Park
2
Sqft
2000-2249
DOM
23d
Score
15
Yield
3.5%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.3%
10Y IRR
8.9%
Property Type-Condo Townhouse
MLS® Number-N13843526
Beds-3
Bathrooms-4
Size-2000-2249 sqft
Listed on site-Sep 30, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$6,670.43 (2026)
Maintenance-$370.88/mo
Locker-None
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-Flexible
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

A distinctive 3-storey condo townhouse featuring a private elevator serving all levels, offering exceptional convenience for families with seniors, those considering downsizing, or anyone looking for an easier, more accessible layout. Built by Times Group in 2019, this approximately 2,130 sq. ft. above-grade residence offers a well-planned 3-bedroom, 4-bathroom layout with hardwood floors throughout the main living areas. 9ft ceiling for above ground levels. Ground floor features a spacious family room with large windows and crown moulding, while the second floor offers an open-concept living and dining area, a modern kitchen with centre island, quartz countertop and stainless steel built in appliances, plus a breakfast area with walk-out to the deck. The third floor features a generous primary bedroom with 3-piece ensuite and two additional bedrooms, each with hardwood flooring and large windows. The finished lower level adds approximately 515 sq. ft. of versatile recreation space, also connected by the elevator. Ideally located in Markham's Commerce Valley community near Hwy 7 and Leslie, with convenient access to major highways, public transit, shopping, restaurants, schools and everyday amenities, with future T&T Supermarket within walking distance.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,151,040
Land Transfer Taxes$25,251
Legal Fees (Est.)
$
Total cash required for closing$314,511

Total Monthly Obligation

$6,930/mo
Mortgage $5,804
Monthly Loss $5,403
Principal$1,527
Interest$4,276
Property Tax$556
Condo Fees$371
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$50,496/yr
NOI
$31,925/yr
Net Cash Flow
-$3,143/mo
Cash Margin
-74.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.7/ 100

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

Comparables

Properties near 108 South Park Road

Time

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