808- 18 Uptown Drive, Markham
Markham
$549,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LANDUNION REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
43
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Client RemarksOne of the Best Riverwalk Buildings in Downtown Markham! Lucky unit number 808! Functional layout with den can be used as 2nd bedroom/office! The bright and spacious interior features an open-concept living area with large windows. Modern kitchen with high-end B/I appliances, elegant cabinetry. Freshly Painted With A Designers Palette, upgraded new track lights and ceiling lights! Under best Times management! Building Offers 5-Star Amenities Including 24-Hour Security, A Fitness Center, Indoor Pool, Theatre, Games Room, Party Room, Guest Suites, And Visitor Parking. Walk to restaurants, banks and super markets! Located Minutes From The 404/407, Unionville GO Station, Shopping, Dining, And Top Schools Like Pierre Elliott Trudeau High School And Unionville High School.Parking and locker Is Included.
MississaugaInvestor.ca
808- 18 Uptown Drive
Condo Apartment · 2bd/1ba · ~550 sqft
$549,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.44%
Monthly Cash Flow
-$1,411/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-14.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,527 |
| Property Tax | −$311 |
| Insurance | −$225 |
| Condo Fee | −$485 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,411/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$3,733 |
| Insurance | −$2,700 |
| Condo Fee | −$5,820 |
| Annual NOI | $13,397 |
| Cap Rate | 2.44% |
Cash Required to Close
| Down Payment (20%) | $109,800 |
| Ontario Land Transfer Tax | $7,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,255 |
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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