8228 Birchmount Road 119, Markham

$499,000
8228 Birchmount Road 119

$499,000

New
9d
Condo ApartmentApartment

8228 Birchmount Road 119, Markham

Total Monthly Obligation $2,977

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
9d
Score
19
Yield
5.8%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-N14032736
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,578.88 (2026)
Maintenance-$549.67/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOME LEGEND REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

Rare Ground Floor Gem In Prime Downtown Markham! Exceptional Living At Hwy 7 & Birchmount. Features Private Direct Ground-Floor Entrance Through A Fenced Patio-Walk Right Into Your Home! Freshly Painted Throughout, Bright & Spacious Open-Concept Layout With 9Ft Ceilings & Large Windows. Premium Oversized Parking Space Conveniently Located Right Next To The Elevator! Resort-Style Amenities: 24Hr Concierge, Indoor Pool, Gym, Party Room & More. Steps To Viva, Shops, Cineplex, Top-Rated Restaurants & York University Markham Campus. Quick Access To Hwy 404/407. Move-In Ready!

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(utilities, internet...)
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%
%

Closing Costs

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

Total Monthly Obligation

$2,977/mo
Mortgage $2,013
Monthly Loss $2,448
Principal$530
Interest$1,483
Property Tax$215
Condo Fees$550
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.6%27
10-Year IRR
9.7%
Returns Index
14.5/ 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
$28,836/yr
NOI
$14,377/yr
Net Cash Flow
-$815/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
26.5/ 100

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

Comparables

Properties near 8228 Birchmount Road 119

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.