266 Simonston Boulevard, Markham

$699,000
266 Simonston Boulevard

$699,000

New
7d
Condo Townhouse2-Storey

266 Simonston Boulevard, Markham

Total Monthly Obligation $3,861

Beds
3
Baths
3
Park
2
Sqft
1400-1599
DOM
7d
Score
20
Yield
5.8%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-N14088234
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,613.43 (2025)
Maintenance-$540/mo
Locker-None
Parking-3 - Attached
Basement-Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 RED STAR REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-60-89 Days
Neighbourhood-German Mills
Title-Residential Condo & Other

No agent assigned

Townhome at prime location of Thornhill, features three bedrooms on the upper level, including a primary bedroom with a private ensuite. Laminate flooring throughout the second floor and a large linen/storage closet provide added functionality. Bright, open-concept living and dining room with large windows, california shutters, pot lights, and parquet flooring. Finished basement with a recreation room, fireplace, sliding doors to the backyard, laundry area, and cantina. Eat-in kitchen with a breakfast area, pantry, and under-cabinet lighting. Enhanced by air conditioning, furnace, and quartz countertops in the upper-level bathrooms. Conveniently located near shopping, schools, and transit.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,861/mo
Mortgage $2,820
Monthly Loss $3,119
Principal$742
Interest$2,078
Property Tax$301
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
21.0/ 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
$40,728/yr
NOI
$24,162/yr
Net Cash Flow
-$806/mo
Cash Margin
-23.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.8/ 100

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

Comparables

Properties near 266 Simonston Boulevard

Time

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Data last updated within the past 24 hours.