60 Inverlochy Boulevard 709, Markham

$499,900
60 Inverlochy Boulevard 709

$499,900

New
22d
Condo ApartmentApartment

60 Inverlochy Boulevard 709, Markham

Total Monthly Obligation $3,485

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
22d
Score
18
Yield
7.1%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-N13849122
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$2,409.34 (2026)
Maintenance-$1,067.38/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

Welcome to 60 Inverlochy Blvd, Unit 709 A beautifully fully renovated 2-bedroom suite in the highly sought-after Royal Orchard community of Thornhill. Featuring a desirable North/West exposure, this bright and spacious home offers breathtaking views and a private balcony, perfect for enjoying beautiful sunsets. The thoughtfully renovated suite showcases engineered hardwood flooring, modern pot lights throughout, and a stylish renovated kitchen with stainless steel appliances, including a new ceramic-top stove and built-in microwave. The kitchen also features the convenience of a hidden built-in front-load washer and dryer. The spacious living and dining areas are ideal for both comfortable everyday living and entertaining. Enjoy exceptional building amenities including an indoor pool, gym, exercise room and more. Maintenance fees include all utilities, Rogers VIP Cable and Internet, providing excellent value and convenience. Fantastic location close to parks, schools, library, golf and shopping, with convenient access to major roads and transit. Walking distance to the planned future subway extension, adding even more connectivity and long-term convenience to this already desirable Thornhill location. A rare opportunity to own a fully renovated, move-in-ready suite with spectacular North/West views in one of Royal Orchard's most popular buildings. Just move in and enjoy!***Photos were taken when the owner occupied the property. The unit is currently tenanted and furnished by the tenant.****

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,485/mo
Mortgage $2,016
Monthly Loss $2,954
Principal$531
Interest$1,486
Property Tax$201
Condo Fees$1,067
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.7%27
10-Year IRR
9.9%
Returns Index
14.6/ 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
$35,376/yr
NOI
$14,220/yr
Net Cash Flow
-$831/mo
Cash Margin
-28.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.3/ 100

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

Comparables

Properties near 60 Inverlochy Boulevard 709

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.