268 Buchanan Drive 728W, Markham

$598,500
268 Buchanan Drive 728W

$598,500

New
22d
Condo ApartmentApartment

268 Buchanan Drive 728W, Markham

Total Monthly Obligation $3,399

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
22d
Score
17
Yield
4.8%
Cash on Cash
-7.6%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-N13855178
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,602 (2026)
Maintenance-$567.85/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE IGNITE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-30 days
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Unionville Gardens in Unionville, Markham. 1+1 bedroom, 2 bathroom condo apartment with in-suite laundry, central air, an open balcony and one underground parking space. Building amenities include a 24-hour concierge, indoor pool, fitness centre, sauna, yoga studio, party room, library, and karaoke and mahjong rooms. Close to shopping, dining, cafes and parks, with Viva transit nearby, Unionville GO Station a short drive away, and quick access to Hwy 404 and Hwy 407. Sold as is, where is. Seller and listing brokerage make no representations or warranties.

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

Closing Costs

Mortgage Amount
$478,800
Land Transfer Taxes$8,445
Legal Fees (Est.)
$
Total cash required for closing$129,645

Total Monthly Obligation

$3,399/mo
Mortgage $2,414
Monthly Loss $2,764
Principal$635
Interest$1,779
Property Tax$217
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.4/ 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
$28,572/yr
NOI
$13,899/yr
Net Cash Flow
-$1,256/mo
Cash Margin
-52.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.2/ 100

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

Comparables

Properties near 268 Buchanan Drive 728W

Time

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Data last updated within the past 24 hours.