9700 Ninth Line 502, Markham

$400,000
9700 Ninth Line 502

$400,000

New
17d
Condo ApartmentApartment

9700 Ninth Line 502, Markham

Total Monthly Obligation $2,560

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
17d
Score
16
Yield
2.5%
Cash on Cash
-21.2%
Cap Rate
0.0%
5Y IRR
-0.7%
10Y IRR
2.3%
Property Type-Condo Apartment
MLS® Number-N13877260
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,087.32 (2026)
Maintenance-$572.23/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REALTRIUM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TDB
Neighbourhood-Greensborough
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully finished 1+1 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...)
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Closing Costs

Mortgage Amount
$320,000
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,560/mo
Mortgage $1,613
Monthly Loss $2,135
Principal$425
Interest$1,189
Property Tax$174
Condo Fees$572
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-0.6%4
Cash-on-Cash
-25.3%0
5-Year IRR
-3.6%1
10-Year IRR
0.7%
Returns Index
1.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$9,912/yr
NOI
-$2,433/yr
Net Cash Flow
-$1,816/mo
Cash Margin
-219.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.130
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
28.3/ 100

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

Comparables

Properties near 9700 Ninth Line 502

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.

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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.