8111 Yonge Street 1403, Markham

$499,000
8111 Yonge Street 1403

$499,000

Price Change
14d
Condo ApartmentApartment

8111 Yonge Street 1403, Markham

Total Monthly Obligation $3,723

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
14d
Score
19
Yield
8.1%
Cash on Cash
-2.4%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-N13883612
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,853.58 (2026)
Maintenance-$1,272.61/mo
Locker-Ensuite+Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-ARCREALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

Welcome To The Prestigious "Gazebo " In Thornhill. Rarely Available "Bayberry" Model With South West Views. Walk - Out From Living Room And Primary Bedroom To Large Wrap Around Balcony. Approx. 1228 Sq Ft And 460 Sq Ft Balcony. Large Ensuite Utility Room 1.70 M X1.39 M, Plus Bsmt Locker. Library.Woodworking Shop. All Inclusive Maintenance. Short Walk To Yonge Street And Shopping And Excellent Schools. Indoor Pool And Excellent Recreational Facilities, Tennis Courts, Squash Court, Sauna, Gym, Car Wash. Walk To Thornhill Country Club & Toronto Ladies Golf Club. Minutes To Hwy 7/407 And Finch Subway Station. Additional Underground Parking Available.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,723/mo
Mortgage $2,013
Monthly Loss $3,194
Principal$530
Interest$1,483
Property Tax$238
Condo Fees$1,273
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.9%34
10-Year IRR
10.8%
Returns Index
18.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,224/yr
NOI
$15,677/yr
Net Cash Flow
-$706/mo
Cash Margin
-21.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.7/ 100

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

Comparables

Properties near 8111 Yonge Street 1403

Time

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Data last updated within the past 24 hours.