
809- 151 Upper Duke Crescent, Markham
Markham
$658,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUPERSTARS REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To The Prestigious Verdale By Remington Group In The Heart Of Downtown Markham. 2+1br Bright And Spacious Corner Suite Offers 980 SqFt Functional Living Space, Featuring A Highly Desirable Split 2 Bedroom Layout + Large Den, Den Can Be Easily Converted To A Third Bedroom Or Home Office. 9Ft Ceilings, Floor-To-Ceiling Windows, An Open Concept Layout, And A Gourmet Kitchen With Breakfast Bar and Stainless Steel Appliances. The Sun Filled Living Area Overlooks Unobstructed North Exposure. Primary Bedroom Features Generous Closet Space With 4Pc Ensuite, While The Second Bedroom Provides Flexibility For Family Or Guests. One Parking And One Locker Included. Enjoy Exceptional Building Amenities Including: 24 Hour Concierge, Indoor Pool, Gym, Party Room, And Guest Suites. Conveniently Located Steps To Parks, Restaurants, Shops, Cineplex, Community Centre, Public Transit, And York University Markham Campus, and Easy Access To Highways 404 & 407. A Fantastic Opportunity To Own In One Of Markham's Most Sought After Communities!
MississaugaInvestor.ca
809- 151 Upper Duke Crescent
Condo Apartment · 3bd/2ba · ~950 sqft
$658,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.94%
Monthly Cash Flow
-$1,965/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-16.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$3,029 |
| Property Tax | −$373 |
| Insurance | −$225 |
| Condo Fee | −$903 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,965/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,474 |
| Insurance | −$2,700 |
| Condo Fee | −$10,836 |
| Annual NOI | $12,770 |
| Cap Rate | 1.94% |
Cash Required to Close
| Down Payment (20%) | $131,600 |
| Ontario Land Transfer Tax | $9,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,235 |
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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