8119 Birchmount Road 728, Markham

$634,000
8119 Birchmount Road 728

$634,000

New
15d
Condo ApartmentApartment

8119 Birchmount Road 728, Markham

Total Monthly Obligation $3,545

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
15d
Score
18
Yield
5.1%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-N13875652
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,761 (2026)
Maintenance-$558/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-immediate
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

BRAND NEW & NEVER LIVED IN! Welcome to Gallery Square by The Remington Group in the heart of Downtown Markham. This beautifully upgraded O'Keeffe model offers 766 sq. ft. of interior living space, 2 bedrooms, 2 full bathrooms, plus a spacious private terrace and balcony-a rare outdoor living feature perfect for relaxing and entertaining. The bright, functional open-concept layout features approximately $12k in builder upgrades, including upgraded Torlys vinyl flooring, smooth ceilings, Caesarstone kitchen countertop, upgraded cabinetry and finishes, Arctic White backsplash/wall tiles, and an upgraded frameless glass shower enclosure. The modern kitchen is equipped with an upgraded Bosch appliance package including cooktop, wall oven, panel-ready refrigerator and dishwasher, plus Panasonic microwave and Cyclone chimney hood fan. Includes 1 underground parking space and 1 locker. Steps to York University Markham Campus, GO Transit, Viva, restaurants, shopping, VIP Cineplex, parks and easy access to Hwy 404/407. Exceptional opportunity to own a truly never-lived-in, move-in-ready home with outstanding outdoor space in Downtown Markham.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$507,200
Land Transfer Taxes$9,155
Legal Fees (Est.)
$
Total cash required for closing$137,455

Total Monthly Obligation

$3,545/mo
Mortgage $2,557
Monthly Loss $2,872
Principal$673
Interest$1,884
Property Tax$230
Condo Fees$558
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.7%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$32,604/yr
NOI
$17,487/yr
Net Cash Flow
-$1,100/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.9/ 100

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

Comparables

Properties near 8119 Birchmount Road 728

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.