397 Royal Orchard Boulevard 209, Markham

$1,750,000
397 Royal Orchard Boulevard 209

$1,750,000

New
23d
Condo ApartmentApartment

397 Royal Orchard Boulevard 209, Markham

Total Monthly Obligation $8,183

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
23d
Score
14
Yield
2.5%
Cash on Cash
-13.2%
Cap Rate
1.7%
5Y IRR
5.3%
10Y IRR
6.7%
Property Type-Condo Apartment
MLS® Number-N13844644
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$924/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-UNION CAPITAL REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

Welcome to Royal Bayview, Thornhill's prestigious new address by Tridel. This rarely offered luxury residence offers 1,320 sq. ft. of beautifully designed living space, blending contemporary elegance with everyday comfort. The bright, open-concept layout features a sleek modern kitchen with a centre island, premium appliances, and refined finishes, seamlessly flowing into the spacious living and dining areas. Step outside to your private balcony, offering additional outdoor living space. The thoughtfully designed floor plan features two generous bedrooms, each with a walk-in closet, and two bathrooms, including a spacious primary ensuite. Enjoy the convenience of in-suite laundry, ample storage, one parking space, and one locker. Residents enjoy an exceptional collection of resort-inspired amenities, including an indoor pool, fitness centre, saunas, outdoor patio, and stylish party room. An exceptional opportunity to enjoy refined, luxurious living at Royal Bayview.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,400,000
Land Transfer Taxes$31,475
Legal Fees (Est.)
$
Total cash required for closing$382,975

Total Monthly Obligation

$8,183/mo
Mortgage $7,059
Monthly Loss $6,325
Principal$1,858
Interest$5,201
Condo Fees$924
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.7%0
5-Year IRR
3.3%7
10-Year IRR
5.4%
Returns Index
4.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$43,500/yr
NOI
$25,662/yr
Net Cash Flow
-$4,921/mo
Cash Margin
-135.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.2/ 100

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

Comparables

Properties near 397 Royal Orchard Boulevard 209

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.