9700 Ninth Line 722, Markham

$575,000
9700 Ninth Line 722

$575,000

New
16d
Condo ApartmentApartment

9700 Ninth Line 722, Markham

Total Monthly Obligation $3,382

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
16d
Score
18
Yield
5.3%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-N13877250
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,253.58 (2026)
Maintenance-$675.03/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REALTRIUM REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TDB
Neighbourhood-Greensborough
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully finished 2 bedroom condo at 9700 Ninth Line, Markham. Built in 2022, this bright and modern unit features an open-concept layout, spacious den, ensuite laundry, and private terrace. Includes 1 underground parking space.Enjoy excellent amenities including an exercise room, rooftop terrace, and 24-hour concierge and security. Conveniently located close to Highways 407 and 404, schools, transit, shopping, parks, and Stouffville Hospital.A great opportunity to enjoy modern living in a peaceful and well-connected Markham community.

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

Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,382/mo
Mortgage $2,319
Monthly Loss $2,772
Principal$610
Interest$1,709
Property Tax$188
Condo Fees$675
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.4%20
10-Year IRR
8.7%
Returns Index
11.3/ 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
$30,480/yr
NOI
$14,678/yr
Net Cash Flow
-$1,096/mo
Cash Margin
-43.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.5/ 100

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

Comparables

Properties near 9700 Ninth Line 722

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

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Data last updated within the past 24 hours.