399 Royal Orchard Boulevard 422, Markham

$1,499,000
399 Royal Orchard Boulevard 422

$1,499,000

New
16d
Condo ApartmentApartment

399 Royal Orchard Boulevard 422, Markham

Total Monthly Obligation $7,896

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
16d
Score
14
Yield
2.9%
Cash on Cash
-14.4%
Cap Rate
1.5%
5Y IRR
4.4%
10Y IRR
6.0%
Property Type-Condo Apartment
MLS® Number-N13871030
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$6,233.15 (2026)
Maintenance-$1,129.89/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-Immediate
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

The view... vast, unobstructed, entirely yours in this corner unit. The golf course. The forest beyond. The Toronto skyline on the horizon. And the sunsets, every single night, from a rare northwest exposure few suites in this city can offer. Welcome to Royal Bayview by renowned builder Tridel, a name that needs no explanation to those who know. In the heart of Thornhill, adjacent to the prestigious Ladies' Golf Club of Toronto. This luxury split-plan suite delivers 2 bedrooms and 2 bathrooms designed around the light, with floor-to-ceiling windows framing the view from every room and soaring 10-ft ceilings. Hardwood floors throughout and remote-controlled auto shades at the touch of a button.The kitchen is precise, purposeful, and unapologetically beautiful, top-of-the-line Miele appliances reward those who know the difference. A double-ended waterfall island anchors the space with built-in outlets and storage on every side. Pot lights carry the glow through the kitchen and living room. The primary bedroom: floor-to-ceiling windows, private balcony walkout, a pot-lit walk-in closet, and a 5-piece ensuite you may never leave equipped with his-and-her sinks, quartz counters, and a frameless glass shower. The second bedroom offers its own balcony walkout and built-in closet, with auto shutters in both bedrooms. Step outside to a private wrap around terrace spanning both bedrooms Southwest-facing, framed by the fairway, built for sunset hugging the dining and living room space. The building delivers amenities you'll actually use: 24-hr concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, yoga studio, mahjong room, library/study area, party room with outdoor terrace, and beautifully designed lounges. Minutes to Bayview, Hwy 7 & 407, Richmond Hill Centre, and Langstaff GO, and the future TTC Subway. This is what it looks like when a building is done correctly. Step inside, come and take a look atyour new luxury retreat in the heart of Thornhill.

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Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,896/mo
Mortgage $6,047
Monthly Loss $6,305
Principal$1,591
Interest$4,455
Property Tax$519
Condo Fees$1,130
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-17.1%0
5-Year IRR
2.3%5
10-Year IRR
4.8%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$44,064/yr
NOI
$17,466/yr
Net Cash Flow
-$4,591/mo
Cash Margin
-125.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.242
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.2/ 100

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

Comparables

Properties near 399 Royal Orchard Boulevard 422

Time

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