1 Grandview Avenue 601, Markham

$478,000
1 Grandview Avenue 601

$478,000

Price Change
24d
Condo ApartmentApartment

1 Grandview Avenue 601, Markham

Total Monthly Obligation $3,000

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
24d
Score
19
Yield
6.1%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-N13839140
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,626 (2026)
Maintenance-$653/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FIRST CLASS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Grandview
Title-Residential Condo & Other

No agent assigned

Welcome to Vanguard Condos at Yonge and Steeles! This thoughtfully designed 1-bedroom plus den suite offers a comfortable place to call home, with everyday conveniences close by. With 9- foot smooth ceilings and a versatile layout, the space feels open and inviting. The den gives you room to make the home your own-set it up as a home office, reading nook, creative space or guest area. The kitchen comes equipped with an oven, cooktop, panelled fridge and built-in dishwasher. A stacked washer and dryer add everyday convenience, while one parking space and one locker provide valuable extra storage and flexibility. provide valuable extra storage and flexibility. Plenty to enjoy beyond your front door. Vanguard offers a fitness centre and yoga rooms for your daily routine, a sauna when it is time to unwind, and a children's playroom. Host friends in the party room, enjoy a movie in the theatre room, find a quiet moment in the library, or gather outside on the terrace with BBQs. A guest suite and visitor parking make it easier to welcome family and friends. The Yonge and Steeles location puts grocery stores, restaurants, shopping and transit within easy reach. Whether you are heading out for dinner, picking up essentials or commuting across the GTA, this address offers the convenience of an established neighbourhood. The planned Yonge North Subway Extension adds to the area's future transit appeal. A flexible den, a full range of building amenities, and included parking and locker space make this suite an excellent opportunity to enjoy condo living at Vanguard. Come see how easily it could fit your lifestyle!

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$382,400
Land Transfer Taxes$6,035
Legal Fees (Est.)
$
Total cash required for closing$103,135

Total Monthly Obligation

$3,000/mo
Mortgage $1,928
Monthly Loss $2,493
Principal$507
Interest$1,421
Property Tax$219
Condo Fees$653
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$29,160/yr
NOI
$13,382/yr
Net Cash Flow
-$813/mo
Cash Margin
-33.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.2/ 100

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

Comparables

Properties near 1 Grandview Avenue 601

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.