608- 7167 Yonge Street, Markham
Markham
$535,000
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 PREMIER 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
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this gorgeous 1 bedroom + large den at World on Yonge Modern and Luxury building. Featuring 2 washrooms, open concept and 9 ft ceilings. This 700+ sqft living space has a beautiful North unobstructed view. The den may be used as an office or baby room. Direct access to an indoor shopping mall with a large grocery store, numerous retail stores and food court. Close to all amenities, schools, transportation, shopping malls and restaurants.
MississaugaInvestor.ca
608- 7167 Yonge Street
Condo Apartment · 2bd/2ba · ~750 sqft
$535,000
Cash-Flow Report · August 2, 2026
Cap Rate
2.22%
Monthly Cash Flow
-$1,473/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-15.09%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$2,463 |
| Property Tax | −$303 |
| Insurance | −$225 |
| Condo Fee | −$572 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$1,473/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$3,638 |
| Insurance | −$2,700 |
| Condo Fee | −$6,864 |
| Annual NOI | $11,878 |
| Cap Rate | 2.22% |
Cash Required to Close
| Down Payment (20%) | $107,000 |
| Ontario Land Transfer Tax | $7,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $117,175 |
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.