8323 Kennedy Road 626, Markham

$428,000
8323 Kennedy Road 626

$428,000

New
7d
Condo ApartmentApartment

8323 Kennedy Road 626, Markham

Total Monthly Obligation $2,641

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
21
Yield
6.4%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-N14086862
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,260.76 (2026)
Maintenance-$525.93/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-TRADEWORLD REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Village Green-South Unionville
Title-Residential Condo & Other

No agent assigned

Welcome to this Beautifully Renovated Corner-Unit Condo in the Heart of Markham, Ideally Located at Langham Shopping Centre! Recently Renovated Throughout, this Bright and Inviting Unit Features Brand-New Laminate Flooring, Fresh Paint, and a Newly Renovated Bathroom. The Open-Concept Den offers a Versatile Space Ideal for a Home Office, Study, or Additional Living Area. Step Out onto the Open Balcony and Enjoy the Beautiful Views, Perfect for Relaxing or Enjoying Your Morning Coffee. Enjoy the Ultimate Convenience with Shops, Restaurants, Cafes, and Everyday Amenities just Steps from your Door. Conveniently Located near Hwy 7, Hwy 407, Public Transit, Markham Town Centre, York University's Markham Campus, the YMCA, Parks, and More. A Fantastic Move-In-Ready Opportunity for First-time Buyers, Professionals, or Investors!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$342,400
Land Transfer Taxes$5,035
Legal Fees (Est.)
$
Total cash required for closing$92,135

Total Monthly Obligation

$2,641/mo
Mortgage $1,726
Monthly Loss $2,186
Principal$454
Interest$1,272
Property Tax$188
Condo Fees$526
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$27,552/yr
NOI
$13,825/yr
Net Cash Flow
-$574/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.8/ 100

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

Comparables

Properties near 8323 Kennedy Road 626

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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Data last updated within the past 24 hours.