1709 Bur Oak Avenue 301, Markham

$438,000
1709 Bur Oak Avenue 301

$438,000

New
6d
Condo ApartmentApartment

1709 Bur Oak Avenue 301, Markham

Total Monthly Obligation $2,691

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
6d
Score
21
Yield
6.5%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-N14089910
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,246.36 (2026)
Maintenance-$536.97/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/TBD
Neighbourhood-Wismer
Title-Residential Condo & Other

No agent assigned

Welcome to **Union Condos** by Aspen Ridge Homes! This bright and spacious 1-bedroom plus den unit features 9-foot ceilings and sleek laminate flooring throughout. Enjoy a sun-filled east view through expansive floor-to-ceiling windows leading out to a large private balcony.The open-concept kitchen comes equipped with elegant quartz countertops and premium stainless steel appliances. Perfectly situated just steps from the Mount Joy GO Station, supermarkets, top-rated restaurants, schools, parks, banks, public transit, Home Depot, Shopper Drug Mart, and more.This property also includes 1 underground parking space and 1 storage locker for your convenience.

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

Closing Costs

Mortgage Amount
$350,400
Land Transfer Taxes$5,235
Legal Fees (Est.)
$
Total cash required for closing$94,335

Total Monthly Obligation

$2,691/mo
Mortgage $1,767
Monthly Loss $2,226
Principal$465
Interest$1,302
Property Tax$187
Condo Fees$537
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.8%
Returns Index
19.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,296/yr
NOI
$14,376/yr
Net Cash Flow
-$569/mo
Cash Margin
-24.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
29.5/ 100

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

Comparables

Properties near 1709 Bur Oak Avenue 301

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.