130 Pond Drive 708, Markham

$388,000
130 Pond Drive 708

$388,000

New
4d
Condo ApartmentApartment

130 Pond Drive 708, Markham

Total Monthly Obligation $2,460

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
4d
Score
21
Yield
6.6%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-N14093740
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,595.76 (2026)
Maintenance-$562.17/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-AIMHOME REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

Rarely Offered Unobstructed South View, Bright & Sunny 1 Bedroom Unit In 'Derby Tower' At A Very Convenient And Great Location! Whether You are a First-Time Home Buyer or A Downsizer or an Investor... Steps To Times Square, Restaurants, Banks, Shops, Park. Mins To Hwy 404 & 407, Downtown Markham, Go Station, Convenient Location W/ All The Amenities You Need Nearby! Minutes Walk To Hwy 7, Viva, Close To Go Station, Restaurants, Shops, Etc. Exercise Room,Rec. Room And 24Hrs Concierge. Clean And Spacious Unit With Open Concept Layout And Lots Of Windows . One underground parking included. Condo Fee Includes Hydro, Water, AC, Heat, and a 24 Hour Concierge, EV Charging Station (Pay Per Use).

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

Closing Costs

Mortgage Amount
$310,400
Land Transfer Taxes$4,295
Legal Fees (Est.)
$
Total cash required for closing$83,395

Total Monthly Obligation

$2,460/mo
Mortgage $1,565
Monthly Loss $2,048
Principal$412
Interest$1,153
Property Tax$133
Condo Fees$562
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.3/ 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
$25,776/yr
NOI
$12,457/yr
Net Cash Flow
-$527/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.4/ 100

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

Comparables

Properties near 130 Pond Drive 708

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.