30- 2285 Bur Oak Avenue, Markham
Markham
$509,000
Cash flow, cap rate & mortgage breakdown
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Listed by Century 21 United Realty Inc.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
49
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 2285 Bur Oak Ave Unit #30 in Markham's Greensboro neighbourhood. This well maintained 2 Bedroom + 2 Bath stacked townhouse offers a low maintenance living lifestyle with affordable condo fees ideal for First Time Homebuyers, Down-sizers or Investors. This bright and spacious home features a functional open concept layout. The main level includes a combined living/dining room with laminate flooring and a galley style kitchen with plenty of counter space and storage. Plus a 2 pc ensuite and crawl space with storage. Upstairs, you will find 2 generous sized bedrooms including a primary bedroom with walk-out to a large open balcony and extra-deep closet. The other sun-filled bedroom is perfect for family, guests or a home office. In addition a 4 pc bathroom and convenient stackable washer/dryer. Freshly painted. Commuters will appreciate the easy access to Highway 407 and the GO train. Walking distance to Swan Lake, local parks, schools and public transit. Nearby is Markham Stouffville Hospital and Markville Shopping Mall. Ample visitor parking and 1 exclusive parking spot included. Brand new A/C (2026). Book your showing today!
MississaugaInvestor.ca
30- 2285 Bur Oak Avenue
Condo Townhouse · 2bd/2ba · ~950 sqft
$509,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.79%
Monthly Cash Flow
-$1,161/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-12.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,343 |
| Property Tax | −$288 |
| Insurance | −$225 |
| Condo Fee | −$395 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,161/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,461 |
| Insurance | −$2,700 |
| Condo Fee | −$4,740 |
| Annual NOI | $14,179 |
| Cap Rate | 2.79% |
Cash Required to Close
| Down Payment (20%) | $101,800 |
| Ontario Land Transfer Tax | $6,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $111,455 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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