9500 Markham Road 2002, Markham

$638,800
9500 Markham Road 2002

$638,800

New
1d
Condo ApartmentApartment

9500 Markham Road 2002, Markham

Total Monthly Obligation $3,662

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
1d
Score
18
Yield
5.5%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-N14105252
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 22, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,904.18 (2026)
Maintenance-$643.6/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE CULTURELINK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Wismer
Title-Residential Condo & Other

No agent assigned

**Power of Sale Opportunity!** Sunlight, privacy and convenience come together in this 20th-floor corner suite at Greenpark's Upper Village. Offering 903 sq. ft. of interior living space plus an approx. 50 sq. ft. private balcony (approx. 953 sq. ft. combined), this bright, airy suite features 9-ft ceilings, windows on two sides and a southeast exposure. The living and dining areas flow together and open onto the balcony with sweeping views. The kitchen features granite countertops and stainless steel appliances. Bedrooms sit at opposite ends of the suite for added privacy. The primary bedroom has a 4-piece ensuite, while the second bedroom is near the main full bath, ideal for roommates, guests or a home office. Includes ensuite laundry, 1 parking space and 1 locker. Building amenities include 24-hour concierge, fitness centre, party room, rooftop terrace and guest suites. Located in the sought-after Wismer PS and Bur Oak SS school zones, both among Ontario's top-ranked schools, with Catholic and French Immersion school options also available nearby. Mount Joy GO Station, restaurants, supermarkets, banks and parks are within walking distance. Markham Stouffville Hospital, Cornell Community Centre, Main Street Markham and Hwy 407 are just minutes away by car. A smart choice for families, first-time buyers, downsizers and investors alike.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$511,040
Land Transfer Taxes$9,251
Legal Fees (Est.)
$
Total cash required for closing$138,511

Total Monthly Obligation

$3,662/mo
Mortgage $2,577
Monthly Loss $2,984
Principal$678
Interest$1,899
Property Tax$242
Condo Fees$644
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.1/ 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
$35,400/yr
NOI
$18,833/yr
Net Cash Flow
-$1,007/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.6/ 100

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

Comparables

Properties near 9500 Markham Road 2002

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.