89 South Town Centre Boulevard 1102, Markham

$768,800
89 South Town Centre Boulevard 1102

$768,800

New
17d
Condo ApartmentApartment

89 South Town Centre Boulevard 1102, Markham

Total Monthly Obligation $4,386

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
17d
Score
16
Yield
4.8%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-N13866844
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,901.77 (2026)
Maintenance-$759.69/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

RARE 2-PARKING HIGH-FLOOR CONDO IN DOWNTOWN MARKHAM! Welcome to Fontana Condominiums in the heart of Downtown Markham. This bright and spacious high-floor corner suite offers approximately 1,100+ sq. ft. of well-designed living space, with 2+1 bedrooms, 2 bathrooms, and the highly sought-after convenience of TWO parking spaces. The open concept layout features 9' ceilings, laminate flooring, fresh paint, and a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar. Residents enjoy excellent amenities including an indoor pool, fitness centre, basketball/badminton court, party room, and 24 hour concierge. Ideally located just steps from shopping, restaurants, and everyday conveniences, and minutes to Unionville GO, York University Markham Campus, top-ranked Unionville High School, Hwy 404 & 407. A rare opportunity to own a high floor, 2+1 condo with TWO parking spaces in one of Markham's most desirable locations!

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

Closing Costs

Mortgage Amount
$615,040
Land Transfer Taxes$11,851
Legal Fees (Est.)
$
Total cash required for closing$167,111

Total Monthly Obligation

$4,386/mo
Mortgage $3,101
Monthly Loss $3,570
Principal$816
Interest$2,285
Property Tax$325
Condo Fees$760
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.9%0
5-Year IRR
6.4%16
10-Year IRR
7.9%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,672/yr
NOI
$17,587/yr
Net Cash Flow
-$1,636/mo
Cash Margin
-53.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.0/ 100

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

Comparables

Properties near 89 South Town Centre Boulevard 1102

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.