9700 Ninth Line 602, Markham

$400,000
9700 Ninth Line 602

$400,000

New
17d
Condo ApartmentApartment

9700 Ninth Line 602, Markham

Total Monthly Obligation $2,560

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
17d
Score
20
Yield
6.5%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-N13877262
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$2,087.32 (2026)
Maintenance-$572.23/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REALTRIUM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TDB
Neighbourhood-Greensborough
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully finished 1+1 bedroom condo at 9700 Ninth Line, Markham. Built in 2022, this bright and modern unit features an open-concept layout, spacious den, ensuite laundry, and private terrace. Includes 1 underground parking space.Enjoy excellent amenities including an exercise room, rooftop terrace, and 24-hour concierge and security. Conveniently located close to Highways 407 and 404, schools, transit, shopping, parks, and Stouffville Hospital.A great opportunity to enjoy modern living in a peaceful and well-connected Markham community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$320,000
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,560/mo
Mortgage $1,613
Monthly Loss $2,135
Principal$425
Interest$1,189
Property Tax$174
Condo Fees$572
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.2%30
10-Year IRR
10.1%
Returns Index
16.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$25,968/yr
NOI
$12,017/yr
Net Cash Flow
-$612/mo
Cash Margin
-28.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo65
Risk Index
30.1/ 100

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

Comparables

Properties near 9700 Ninth Line 602

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.