399 Royal Orchard Boulevard 315, Markham

$888,000
399 Royal Orchard Boulevard 315

$888,000

New
18d
Condo ApartmentApartment

399 Royal Orchard Boulevard 315, Markham

Total Monthly Obligation $4,664

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
18d
Score
17
Yield
4.7%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-N13862842
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$882.38/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-META REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Royal Orchard
Title-Residential Condo & Other

No agent assigned

Welcome to Royal Bayview, Tridel's signature luxury residence in the heart of Thornhill. This stunning 2-bedroom, 2.5-bathroom suite offers 1,138 sq. ft. of refined living with a beautifully optimized floor plan, soaring ceilings and thoughtfully upgraded finishes throughout. Adjacent to the prestigious Ladies' Golf Club of Toronto, this home brings together luxury, nature, and convenience in one of the GTA's most sought-after neighbourhoods.The suite features a bright and functional layout with full-height, floor-to-ceiling windows that fill the space with natural light. The open-concept living and dining area flows seamlessly into a beautifully upgraded gourmet kitchen with premium cabinetry and integrated Miele appliances. Both bedrooms are generously sized, each with its own ensuite, offering excellent privacy and comfort, while the additional powder room adds everyday convenience for guests. Royal Bayview offers world-class amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, golf simulator, party room with outdoor terrace, and beautifully designed common spaces. Located just minutes from Bayview, Highway 7 and 407, Richmond Hill Centre, Langstaff GO Station, parks, trails, shopping, and dining. Includes 1 parking space and 1 locker. Experience luxury living with nature at your doorstep at Royal Bayview. Property tax to be assessed.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$710,400
Land Transfer Taxes$14,235
Legal Fees (Est.)
$
Total cash required for closing$193,335

Total Monthly Obligation

$4,664/mo
Mortgage $3,582
Monthly Loss $3,722
Principal$943
Interest$2,639
Condo Fees$882
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$41,568/yr
NOI
$24,423/yr
Net Cash Flow
-$1,547/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.8/ 100

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

Comparables

Properties near 399 Royal Orchard Boulevard 315

Time

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