517- 1 Uptown Drive, Markham
Markham
$680,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 ATRIA REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Luxury 2 Bedroom Condo At Downtown Markham, Quartz Kitchen Countertop, Laminate Floor Throughout, 24/7 Concierge/Security, Close To Cineplex, Restaurant,Banks, Goodlife Fitness, Public Transit, M Unionville Go Station, Hwy 407, Ymca, Pan-Am Ctr...
MississaugaInvestor.ca
517- 1 Uptown Drive
Condo Apartment · 2bd/2ba · ~850 sqft
$680,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.85%
Monthly Cash Flow
-$2,084/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-16.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$3,130 |
| Property Tax | −$385 |
| Insurance | −$225 |
| Condo Fee | −$576 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,084/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$4,624 |
| Insurance | −$2,700 |
| Condo Fee | −$6,912 |
| Annual NOI | $12,554 |
| Cap Rate | 1.85% |
Cash Required to Close
| Down Payment (20%) | $136,000 |
| Ontario Land Transfer Tax | $10,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $149,075 |
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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