1 Blanche Lane 801, Markham

$568,000
1 Blanche Lane 801

$568,000

New
9d
Condo TownhouseStacked Townhouse

1 Blanche Lane 801, Markham

Total Monthly Obligation $3,041

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
20
Yield
5.5%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Condo Townhouse
MLS® Number-N14031764
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$2,860.81 (2026)
Maintenance-$311.09/mo
Locker-Owned
Parking-1 - Underground
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-60/90/120 days
Neighbourhood-Cornell
Title-Residential Condo & Other

No agent assigned

Incredible Value! Modern 2 Bedroom, 2 Full Bathroom Condo Townhome [1,037 Sq Ft] In The Desirable Cornell Markham! Corner Unit with Unobstructed Views for Added Privacy Away from the Busy Main Road. Conveniently Located for Easy Access to Underground Parking & Street Parking for Visitors! Featuring a Functional Open Concept Layout in Lower Level with Large Floor-to-Ceiling Windows for Natural Light, Laminate Flooring Throughout, Upgraded Pot Lights And A Walk-Out To A Private Patio - Great for Outdoor Entertaining. Includes 1 Underground Parking And 1 Storage Locker. Enjoy Exceptional Value With Maintenance Fees That Include High-Speed Internet, Snow Removal, Garbage Removal, Lawn Care And Building Exterior Maintenance. Conveniently Located Close To Hwy 7, Hwy 407, Schools, Parks, Public Transit, GO Transit, Markham Stouffville Hospital, Cornell Community Centre, Library, Markville Mall, Shopping, And Everyday Amenities. An Excellent Opportunity For First-Time Homebuyers, Renters, Downsizers, Or Investors Seeking A Well-Located Home In Desirable Markham Community. Don't Miss This Great Opportunity!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$454,400
Land Transfer Taxes$7,835
Legal Fees (Est.)
$
Total cash required for closing$122,935

Total Monthly Obligation

$3,041/mo
Mortgage $2,291
Monthly Loss $2,438
Principal$603
Interest$1,688
Property Tax$238
Condo Fees$311
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.4/ 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
$31,056/yr
NOI
$18,957/yr
Net Cash Flow
-$711/mo
Cash Margin
-27.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
27.0/ 100

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

Comparables

Properties near 1 Blanche Lane 801

Time

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Data last updated within the past 24 hours.