282 Royal Orchard Boulevard, Markham

$729,000
282 Royal Orchard Boulevard

$729,000

New
7d
Condo Townhouse2-Storey

282 Royal Orchard Boulevard, Markham

Total Monthly Obligation $4,100

Bed+Den
4+1
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
18
Yield
5.3%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Townhouse
MLS® Number-N14085096
Bed+Den-4+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,515 (2025)
Maintenance-$666.66/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-flexible
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

Welcome to your new home in the heart of Thornhill! Almost 1,800 sqft of space in total!! This recently updated, bright, open 3 bedroom property is waiting for you to just move in! Walk in to the spacious foyer that features room for shoes/coats, the wonderful 2-piece bathroom, steps down to the recreation room that can be a 4th bedroom, and the 2026 renovated Laundry Room, complete with a brand new washing machine. The Main Floor features sun-filled open spaces where the recently renovated, and stunning Kitchen resides, prep island with storage and extra seating, ample spaced dining/eating area, and a large Living Room for all your seating and entertainment needs can handle. Off the kitchen is also the walk-out to the well-sized backyard waiting for your finishing touches. The 2nd Floor features 3 bedrooms including the Primary Bedroom with Large Walk-in Closet, and the renovated Main Bathroom for all your family's needs. Windows feature custom roller blinds throughout! The bonus Tankless Hot Water system provides endless hot water ensuring you and your family have comfort whenever you need it. This gorgeous home is an incredible commuter haven, whether using public transportation or driving, with its close proximity to both Bayview and Yonge Street, as well as quick access to 407, Hwy 7, and the 404, making even the location perfect. Sitting in a perfect pocket of catchment, this home features access to many schools including highly-ranked private and public panels, as well as French Immersion. Walking distance to amenities and nature paths completes this dream for you. Even better is a newer Roof (2024), Newer Windows (2024) Newer Door (2025), Newer Tankless Hot Water (2024), Washer/Dryer (2026/2019) and Newer Furnace/AC (2019 both), Garage Door (2026). All appliances are owned with NO Rentals! Whether for you or for income potential, this townhouse has it all.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$583,200
Land Transfer Taxes$11,055
Legal Fees (Est.)
$
Total cash required for closing$158,355

Total Monthly Obligation

$4,100/mo
Mortgage $2,941
Monthly Loss $3,326
Principal$774
Interest$2,167
Property Tax$293
Condo Fees$667
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.4%26
10-Year IRR
9.5%
Returns Index
14.0/ 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
$38,520/yr
NOI
$20,753/yr
Net Cash Flow
-$1,211/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.7/ 100

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

Comparables

Properties near 282 Royal Orchard Boulevard

Time

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Data last updated within the past 24 hours.