7171 Yonge Street 1702, Markham

$498,000
7171 Yonge Street 1702

$498,000

Price Change
22d
Condo ApartmentApartment

7171 Yonge Street 1702, Markham

Total Monthly Obligation $3,008

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
18
Yield
5.7%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-N13846554
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,455.99 (2026)
Maintenance-$594.69/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA/Flex
Neighbourhood-Grandview
Title-Residential Condo & Other

No agent assigned

Welcome to World on Yonge! This bright and spacious 635 sq. ft. 1+Den suite offers a comfortable and functional layout with 9-foot ceilings, modern pot lights, a large private balcony, unobstructed northeast views, and one parking space.A beautiful custom partition wall adds a unique touch to the open-concept living space. Featuring a spacious breakfast bar, floating glass display shelf, and modern pot lighting, it creates a stylish separation between the living and dining areas while adding functionality and extra space for entertaining.The bright open-concept layout features a comfortable bedroom and a versatile den, perfect for a home office, study, or additional living space. The modern kitchen offers stainless steel appliances and granite countertops, while no carpet throughout makes the home clean, bright, and easy to maintain.Step out from the living room onto the large private balcony and enjoy beautiful, unobstructed northeast views. The perfect spot for morning coffee, relaxing after a long day, or entertaining friends.Enjoy fantastic building amenities including 24-hour concierge, indoor pool, fitness centre, media room, outdoor BBQ area, virtual golf, and party room.Ideally located at World on Yonge, with TTC and YRT/VIVA transit just steps away and convenient access to Finch Subway Station. Enjoy shopping, restaurants, schools, parks, and everyday conveniences all close by.A wonderful home for first-time buyers, professionals, or downsizers looking for comfort, style, and convenience in a great location.

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

Closing Costs

Mortgage Amount
$398,400
Land Transfer Taxes$6,435
Legal Fees (Est.)
$
Total cash required for closing$107,535

Total Monthly Obligation

$3,008/mo
Mortgage $2,009
Monthly Loss $2,480
Principal$529
Interest$1,480
Property Tax$205
Condo Fees$595
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.0%23
10-Year IRR
9.2%
Returns Index
12.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$28,272/yr
NOI
$13,453/yr
Net Cash Flow
-$888/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.0/ 100

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

Comparables

Properties near 7171 Yonge Street 1702

Time

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Data last updated within the past 24 hours.