
619- 7167 Yonge Street, Markham
Markham
$528,888
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
13
Price Drop
None
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 World on Yonge, one of Thornhill's most sought-after luxury condominium communities. This beautifully maintained 1-bedroom plus den suite offers an exceptional opportunity for first-time buyers, professionals, downsizers, and investors seeking the perfect combination of comfort, convenience, and vibrant urban living. The thoughtfully designed open-concept layout features modern laminate flooring throughout, a contemporary kitchen with stainless steel appliances, granite countertops and tile backsplash, a spacious primary bedroom with a walk-in closet, a versatile den ideal for a home office or guest space, a 4-piece bathroom, and a private south-facing balcony with beautiful unobstructed views. Residents enjoy an outstanding collection of resort-style amenities including a 24-hour concierge, indoor swimming pool, fitness centre, sauna, party room, billiards room, media room, guest suites, and more. One of the building's most desirable features is its direct indoor access to the World on Yonge shopping centre, offering year-round convenience without stepping outside. Enjoy a full-service grocery store, Asian supermarket, pharmacy, medical and professional offices, RBC Bank, cafés, restaurants, retail shopping, salons, food court, and hotel-all connected directly to the building. Perfectly positioned on the border of Thornhill, Markham, and North York, this vibrant neighbourhood is known for its exceptional dining, multicultural atmosphere, and everyday conveniences. TTC and Viva transit are right at your doorstep with direct connections to Finch Subway Station, while major highways, Centrepoint Mall, schools, parks, and countless amenities are just minutes away. Complete with one underground parking space and one storage locker, this is an outstanding opportunity to own in one of the GTA's most connected and desirable communities.
MississaugaInvestor.ca
619- 7167 Yonge Street
Condo Apartment · 2bd/1ba · ~650 sqft
$528,888
Cash-Flow Report · August 3, 2026
Cap Rate
2.32%
Monthly Cash Flow
-$1,414/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-14.65%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,434 |
| Property Tax | −$300 |
| Insurance | −$225 |
| Condo Fee | −$545 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,414/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,596 |
| Insurance | −$2,700 |
| Condo Fee | −$6,540 |
| Annual NOI | $12,244 |
| Cap Rate | 2.32% |
Cash Required to Close
| Down Payment (20%) | $105,777.6 |
| Ontario Land Transfer Tax | $7,053 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $115,830.6 |
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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