39 New Delhi Drive N 222, Markham

$639,000
39 New Delhi Drive N 222

$639,000

New
23d
Condo ApartmentApartment

39 New Delhi Drive N 222, Markham

Total Monthly Obligation $3,122

Bed+Den
2+1
Baths
2
Park
1
Sqft
900-999
DOM
23d
Score
21
Yield
5.0%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-N13850932
Bed+Den-2+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,037 (2026)
Maintenance-$175.1/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-FLEXIBLE
Neighbourhood-Cedarwood
Title-Residential Condo & Other

No agent assigned

Bright & Spacious 1 Bedroom + Den Suite In Greenlife Condos. Functional Open-Concept Layout Features A Generous Living/Dining Area With Walk-Out To The Private Balcony, Well-Designed Kitchen With Extended Breakfast Bar, Spacious Primary Bedroom With Ensuite Bath & Closet, Plus A Separate Den Ideal For A Home Office, Study Or Guest Area. Ensuite Laundry And An Additional Powder Room Provide Extra Convenience. Includes 1 Owned Locker And A Spacious Owned Parking Spot Conveniently Located Right In Front Of The Entrance Door For Easy Access. Excellent Cedarwood Location Close To Shopping, Restaurants, Grocery Stores, Parks, Schools And Public Transit, With Convenient Access To Markham Rd, Steeles Ave, Hwy 407 & Hwy 401. A Great Opportunity For End Users, First-Time Buyers Or Investors.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$511,200
Land Transfer Taxes$9,255
Legal Fees (Est.)
$
Total cash required for closing$138,555

Total Monthly Obligation

$3,122/mo
Mortgage $2,578
Monthly Loss $2,444
Principal$678
Interest$1,899
Property Tax$170
Condo Fees$175
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%39
10-Year IRR
11.0%
Returns Index
20.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,920/yr
NOI
$22,190/yr
Net Cash Flow
-$728/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.8/ 100

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

Comparables

Properties near 39 New Delhi Drive N 222

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.