277 South Park Road 203, Markham

$550,000
277 South Park Road 203

$550,000

New
23d
Condo ApartmentApartment

277 South Park Road 203, Markham

Total Monthly Obligation $3,215

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
23d
Score
17
Yield
5.0%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-N13846014
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,345.93 (2026)
Maintenance-$600.82/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-TBA
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

**Bonus: Get 3 Months' Paid Condo Fees ** Welcome To The Eden Park Towers In The Heart Of Sought After Markham! A Beautiful Community At Leslie St And HWY 7. Bright & Spacious. This Is The Largest 1 Bedroom + Den Layout In The Building. Featuring 738 Sqft + 50 Sqft Balcony With 9-Ft Ceilings, Modern Kitchen With Granite Countertops, Backsplash, Centre Island & Stainless Steel Appliances. Primary Bedroom Features With A Large Walk-in Closet W/Pax Closet System, Private Den With The Ability To Be Used As 2ndBedroom W/French Door. Walk-In Laundry Room. Step-Out & Enjoy A Wonderful North-Facing Balcony, W/Courtyard Views. Conveniently Located Near Transit, Major Hwy's, Shopping, Restaurants, Entertainment & Schools! The Building Offers Hotel-Like Service Convenient 24-hourConcierge/Security, Plenty Of Amenities Including Indoor Pool, Sauna, Fully Equipped Gym, Billiard Room, BBQ Area, Party Room, Theatre Room & Visitor Parking! Prime Location, Just Steps To A Huge Park With WaterSplash, Tennis Courts, Basketball Court & Soccer Field.**EXTRAS** 1Parking, 1 Locker, Steps To All Amenities!

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

Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,215/mo
Mortgage $2,219
Monthly Loss $2,631
Principal$584
Interest$1,635
Property Tax$195
Condo Fees$601
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.6%17
10-Year IRR
8.1%
Returns Index
9.5/ 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
$27,504/yr
NOI
$12,798/yr
Net Cash Flow
-$1,152/mo
Cash Margin
-50.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.2/ 100

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

Comparables

Properties near 277 South Park Road 203

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.