8 Cedarland Drive 719, Markham

$769,000
8 Cedarland Drive 719

$769,000

New
4d
Condo ApartmentApartment

8 Cedarland Drive 719, Markham

Total Monthly Obligation $4,270

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
4d
Score
16
Yield
4.5%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-N14094352
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,793.34 (2026)
Maintenance-$651.74/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMECOMFORT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 days/Tba
Neighbourhood-Unionville
Title-Residential Condo & Other

No agent assigned

South East Unobstructed Unbeatable View, Spacious 886sf interior + 102sf balcony *Welcome to this luxury "Vendome" condo, in an ideal location, within a famous & high ranked High School zone *This open concept, south-east facing corner unit, has lots of natural light *Both bedrooms with windows & beautiful view *Enjoy the huge balcony with breathtaking view whole day *This unit comes with quality finishes, smooth ceiling, stainless steel kitchen appliances, built-in cook-top & sink, upgrades include cabinet, counter top, bathroom tiles, window shades & more .... *1 parking & 1 locker included *This luxury building comes with concierge, grand lobby, basketball court & lot of amenities *It is located in a quiet location & yet super convenient with 3 buses around: Viva bus just outside the building on Cedarland, while Warden bus & Hwy 7 bus only steps away *Step to Markham Civic Centre, York U, Hwy 7, 407, 404, GO station, First Markham Place, Costco, numerous restaurants & shops, banks.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$615,200
Land Transfer Taxes$11,855
Legal Fees (Est.)
$
Total cash required for closing$167,155

Total Monthly Obligation

$4,270/mo
Mortgage $3,102
Monthly Loss $3,454
Principal$816
Interest$2,286
Property Tax$316
Condo Fees$652
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.1%15
10-Year IRR
7.7%
Returns Index
8.6/ 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
$34,416/yr
NOI
$16,960/yr
Net Cash Flow
-$1,689/mo
Cash Margin
-58.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.3/ 100

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

Comparables

Properties near 8 Cedarland Drive 719

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.