918- 99 South Town Centre Boulevard, Markham
Markham
$499,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX REALTRON WENDY ZHENG REALTY
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
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Discover urban elegance in the heart of Downtown Markham! This bright and spacious 1 Bedroom + Den condo features 9-foot ceilings, floor-to-ceiling windows, and an open-concept layout filled with natural light. The modern kitchen is appointed with granite countertops, a ceramic tile backsplash, and quality finishes throughout. Enjoy the convenience of two full bathrooms, making it ideal for professionals, couples, or small families. Located in the highly sought-after Unionville High School district, this home offers unbeatable convenience with easy access to Viva Transit, Highways 404 & 407, restaurants, entertainment, parks, and shopping. Residents enjoy exceptional building amenities, including an indoor swimming pool, fitness centre, basketball court, badminton court, party room, and more. A fantastic opportunity to own or invest in one of Markham's most desirable communities.
MississaugaInvestor.ca
918- 99 South Town Centre Boulevard
Condo Apartment · 2bd/2ba · ~750 sqft
$499,000
Cash-Flow Report · August 2, 2026
Cap Rate
2.63%
Monthly Cash Flow
-$1,202/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-13.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,297 |
| Property Tax | −$283 |
| Insurance | −$225 |
| Condo Fee | −$487 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,202/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,393 |
| Insurance | −$2,700 |
| Condo Fee | −$5,844 |
| Annual NOI | $13,143 |
| Cap Rate | 2.63% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.