25 Austin Drive 817, Markham

$679,988
25 Austin Drive 817

$679,988

Price Change
44d
Condo ApartmentApartment

25 Austin Drive 817, Markham

Total Monthly Obligation $4,709

Bed+Den
3+1
Baths
2
Park
1
Sqft
1400-1599
DOM
44d
Score
16
Yield
6.2%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-N13759536
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,326 (2025)
Maintenance-$1,488.47/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-immed
Neighbourhood-Markville
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 817 at Markham's iconic Walden Pond, built by Tridel and renowned for exceptionally large suites - designed in an era when space, comfort, and quality construction were the priority. This spacious 1,452 sq ft, 2-bedroom + den, 2-bathroom suite offers generous room sizes rarely found in newer buildings, with a flowing layout ideal for both everyday living and entertaining.Enjoy a bright east-facing exposure that fills the suite with warm morning light, plus a private balcony/patio to unwind. Rather than a separate locker, this unit includes a large in-suite storage room - everything close at hand, plus one dedicated parking space.The maintenance fee of $1,488.47/month is fully all-inclusive, covering heat, hydro, water, cable TV, internet, and building insurance - genuine peace of mind and predictable monthly budgeting.Resort-style amenities include an indoor pool, sauna, hot tub, fully equipped gym, card room, table tennis room, library, and a beautiful outdoor patio with gas BBQ. This is a gated, secure community with attentive, professional property management and recently refreshed hallways and lobby.Steps to Historic Main Street Unionville, Markville Shopping Centre, Highway 7/407 access, and three GO Bus/Train stations with parking. A true landmark building in the heart of Unionville - a must SEE!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$543,990
Land Transfer Taxes$10,075
Legal Fees (Est.)
$
Total cash required for closing$147,573

Total Monthly Obligation

$4,709/mo
Mortgage $2,743
Monthly Loss $3,987
Principal$722
Interest$2,021
Property Tax$277
Condo Fees$1,488
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.9%14
10-Year IRR
7.7%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,832/yr
NOI
$14,061/yr
Net Cash Flow
-$1,571/mo
Cash Margin
-45.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 25 Austin Drive 817

Time

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