
706- 397 Royal Orchard Boulevard, Markham
Markham
$3,288,000
Cash flow, cap rate & mortgage breakdown
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Listed by HAMMOND INTERNATIONAL PROPERTIES LIMITED
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
45
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,450/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to an exceptional residence at Royal Bayview, this stellar offering approximately 1,900 sq. ft. of refined living space. This beautifully customized upgraded suite, designed by Tridel specifically for the owner, embodies elegance, natural light, and seamless flow throughout. Perched on the 7th floor in a serene and private location - perfectly positioned away from roads and golf balls - this large, bright suite faces south west, capturing breathtaking views of the golf course and lush greenery. The spacious layout features two bedrooms, three bathrooms, and a versatile den, ideal for a home office or quiet retreat. The primary bedroom wing impresses with two separate walk-in closets, a large double closet and a luxurious ensuite enhanced with Tridel-upgraded marble tiles. Enjoy two expansive terraces, perfect for relaxing or entertaining while soaking in the panoramic sunsets both with BBQ hookup. This rare offering includes two adjacent parking spaces on the preferred Level P2 (Spaces 129 & 130) and a large private locker room conveniently located directly behind the parking. A residence that harmonizes modern luxury with timeless tranquility - welcome to Royal Bayview, where sophistication meets serenity. A world of magnificence awaits!
MississaugaInvestor.ca
706- 397 Royal Orchard Boulevard
Condo Apartment · 3bd/3ba · ~1,900 sqft
$3,288,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.56%
Monthly Cash Flow
-$13,600/mo
Estimated Rent
$5,450/mo
Cash-on-Cash
-22.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,450 |
| Mortgage | −$15,134 |
| Property Tax | −$1,863 |
| Insurance | −$225 |
| Condo Fee | −$1,555 |
| Vacancy (5%) | −$273 |
| Cash Flow | -$13,600/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$65,400 |
| Vacancy (5%) | −$3,270 |
| Property Tax | −$22,358 |
| Insurance | −$2,700 |
| Condo Fee | −$18,660 |
| Annual NOI | $18,412 |
| Cap Rate | 0.56% |
Cash Required to Close
| Down Payment (20%) | $657,600 |
| Ontario Land Transfer Tax | $68,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $729,275 |
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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