62 Suncrest Boulevard 318, Markham

$449,000
62 Suncrest Boulevard 318

$449,000

New
20d
Condo ApartmentApartment

62 Suncrest Boulevard 318, Markham

Total Monthly Obligation $2,733

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
20d
Score
20
Yield
6.2%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-N13858496
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 3, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,944 (2026)
Maintenance-$559.57/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CONDOWONG REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Commerce Valley
Title-Residential Condo & Other

No agent assigned

Prime Markham location at 62 Suncrest Blvd! This bright, beautifully maintained 1-bedroom suite offers a smart, functional open-concept layout with zero wasted space. Features 9ft ceilings, modern laminate flooring, and floor-to-ceiling windows flooding the unit with natural light. The open kitchen comes equipped with stone countertops, stainless steel appliances, and sleek cabinetry. Enjoy stepping out onto your private balcony with serene neighborhood views. Unbeatable Commerce Valley location-walk to Viva/YRT transit, local parks, plazas, top-rated restaurants, and retail along Highway 7. Minutes to Langstaff GO Station, Highway 404, 407, and VIVA bus rapid transit for effortless commuting. Resort-style building amenities feature a 24-hour concierge, indoor swimming pool, fitness center, party room, guest suites, and visitor parking. Perfect turn-key opportunity for first-time buyers, down-sizers, or savvy investors. Move-in ready!

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,733/mo
Mortgage $1,811
Monthly Loss $2,256
Principal$477
Interest$1,335
Property Tax$162
Condo Fees$560
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.6%33
10-Year IRR
10.4%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,936/yr
NOI
$14,084/yr
Net Cash Flow
-$638/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.9/ 100

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

Comparables

Properties near 62 Suncrest Boulevard 318

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.