84 Confederation Way, Markham

$883,000
84 Confederation Way

$883,000

New
3d
Condo Townhouse2-Storey

84 Confederation Way, Markham

Total Monthly Obligation $4,640

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
3d
Score
18
Yield
4.9%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Condo Townhouse
MLS® Number-N14096440
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,713.24 (2026)
Maintenance-$485/mo
Locker-None
Parking-2 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-HOMEPIN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick Front
Roof-Shingles
Possession-30-59 days
Neighbourhood-Thornhill
Title-Residential Condo & Other

No agent assigned

Discover comfortable, low-maintenance living at 84 Confederation Way, an executive townhome in the heart of Old Thornhill Village. This well-cared-for residence offers more than 1,500 sq. ft. of bright living space, complemented by fresh paint, hardwood flooring, and California shutters. The functional eat-in kitchen features stainless steel appliances and generous cabinetry, opening to spacious living and dining areas. Three well-proportioned bedrooms are located upstairs, including a primary suite with a walk-in closet and updated ensuite. The finished lower level provides versatile space for a home office, recreation room, gym, or guest area. A private, tree-lined backyard offers a peaceful outdoor retreat. Situated in a safe, family-oriented neighbourhood near top-rated schools, parks, green spaces, walking trails, golf, tennis, the library, and Thornhill Community Centre. Steps to public transit and eateries, with convenient access to Highway 407 and the future Yonge North Subway Extension at Clark and Royal Orchard. Maintenance fees cover water, cable, internet, common-area landscaping, and snow removal for roads and driveways.

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

Closing Costs

Mortgage Amount
$706,400
Land Transfer Taxes$14,135
Legal Fees (Est.)
$
Total cash required for closing$192,235

Total Monthly Obligation

$4,640/mo
Mortgage $3,562
Monthly Loss $3,702
Principal$937
Interest$2,625
Property Tax$393
Condo Fees$485
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.3/ 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
$43,680/yr
NOI
$26,379/yr
Net Cash Flow
-$1,364/mo
Cash Margin
-37.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
19.3/ 100

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

Comparables

Properties near 84 Confederation Way

Time

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Data last updated within the past 24 hours.