Markham Investment Property, Judged on the Numbers
A good investment property is not the one with the best story. It is the one where rent, carrying costs, and long term demand add up. Here is how to check.
Investing in Markham, Summarized
Markham's rental demand is supported by its technology employers, York University's Markham campus, four GO stations, Viva rapid transit along Highway 7, and steady population growth. Common investment options include condo apartments in Downtown Markham and along Highway 7, townhouses near GO stations, and detached homes with legal second units. In August 2026, Markham condo apartments averaged about $638,000 with about 6.2 months of inventory, per TRREB, giving investors room to negotiate. Before buying, investors should model rent, mortgage, condo fees, property tax, insurance, and vacancy, and review Ontario tenancy rules. Neeraj Moolchandani, REALTOR®, helps investors evaluate Markham properties.
Three Ways to Invest in Markham
Lower Entry, Steady Demand
Units near Highway 7, GO stations, and Downtown Markham attract professionals and students. Watch condo fees, as they affect cash flow directly.
Markham CondosFamily Tenants, Longer Stays
Towns near schools and transit attract families who tend to stay longer, which reduces turnover costs.
Markham TownhousesTwo Rents, One Property
A registered second unit can offset carrying costs. Confirm registration and code compliance with the City of Markham before you buy.
Detached HomesRun These Numbers Before You Offer
A property that works on paper first is far more likely to work in real life.
| Line Item | What to Check |
|---|---|
| Market rent | Recent leased comparables in the same building or street, not asking rents |
| Mortgage payment | Based on your rate, amortization, and down payment. Investment properties usually need at least 20 percent down |
| Condo fee | Per month, and what it includes |
| Property tax | From the City of Markham tax bill |
| Insurance | Landlord policy, not a homeowner policy |
| Vacancy and repairs | Budget a reserve for turnover, repairs, and appliances |
| Net cash flow | Rent minus all of the above, monthly and yearly |
General information only. Speak with your accountant about tax treatment and your mortgage professional about financing.
Neeraj prepares a simple cash flow sheet for any property you are serious about, using leased comparables from the MLS®, so you are deciding on real numbers.
Ontario Landlord Basics
- Residential tenancies in Ontario follow the Residential Tenancies Act and the Landlord and Tenant Board process
- Units first occupied after November 15, 2018 are generally exempt from the annual rent increase guideline, while older units are not
- The Ontario standard form of lease is required for most residential tenancies
- Some condo buildings restrict short term rentals, and the City of Markham has its own short term rental rules
- Buyers who are not Canadian citizens or permanent residents should confirm current foreign buyer rules with a lawyer
These rules change. Confirm current requirements with a real estate lawyer or paralegal before you buy or lease.
What Makes a Good Markham Investment
The investments that tend to work in Markham share a few traits: walking distance to transit or a major employer, a floor plan tenants actually want, reasonable condo fees, and a price that is justified by leased and sold comparables, not by a projection.
Neeraj will also tell you when a property does not work. A deal that loses money every month only makes sense if you are buying for long term appreciation and can carry it comfortably. That is a decision you should make on purpose, not by accident.
Related Markham Guides
Markham Investment Property, Answered
Is Markham good for real estate investment?
Markham's long term fundamentals are strong: technology employment, York University's Markham campus, GO and Viva transit, top schools, and population growth. Returns depend on the purchase price, financing, and rent, so each property should be judged on its own numbers.
What is the best type of investment property in Markham?
Condos near transit offer the lowest entry price, townhouses attract longer staying family tenants, and detached homes with a registered second unit can produce two rents. The best choice depends on your budget and goals.
How much down payment do I need for a rental property in Markham?
Most lenders require at least 20 percent down on a property that will not be your primary residence. Speak with a mortgage professional about current rules and your qualification.
Are Markham condos a good investment right now?
Condo buyers had more negotiating room in August 2026, with about 6.2 months of inventory. That can mean better purchase prices, but cash flow still depends on rent, fees, and financing. Run the full numbers first.
Does rent control apply to my Markham rental?
Units first occupied for residential purposes after November 15, 2018 are generally exempt from Ontario's annual rent increase guideline. Older units are covered. Confirm the rules for your property with a lawyer or paralegal.
Can Neeraj help me find a Markham investment property?
Yes. Neeraj screens properties for rental demand, reviews condo documents, and prepares a cash flow estimate from leased comparables before you make an offer.
Invest on Numbers, Not Noise
Send Neeraj a property you are considering, or tell him your budget. You will get an honest cash flow view either way.
Prefer to talk? Call or text (647) 370 8885 · info@kaizenrealestate.ca