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$699K · 1+1 bed Common Element Condo · Unionville, Markham | MyPropertyScout

$699,000

Unit 1711

1+11TenantOccupied

Map

$699,000

F●●●○○

Unit 1711

8 Cedarland Drive · Markham · Ontario L6G 0H4

MLS® N12318542 · Unionville · L6G 0H4

1+11TenantOccupied600-699 ft²Common Element Condo1-car Underground$1,076/ft²$490 tax/yr

18% above market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Luxurious New 1+Den Condo Unit.Bright & Spacious 1 bdrm + Den (Can be used as second bedroom) @ Vendome condo! Modern finishes w/laminate flooring throughout. Modern kitchen w/quartz countertop, backsplash & valance lighting. Outstanding amenities: 24hr concierge, visitor parking, guest suites, gym, WIFI library lounge, music rehearsal studio, media screening lounge, entertainment & games room, yoga & dance studio, courtyard garden & more!Easy Access To VIVA Go Transit, YRT, Hwy 404 &407. Steps…

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Property details

MLS#: N12318542
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 600-699
Style: Apartment
Type: Common Element Condo
Year built: —

Condo corp #: 1544
Balcony: Open
Locker: None
Fees include: CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Concrete
Fronting on: —
Cross street: Warden & Hwy7
Basement: None
Stories: 17
Utilities: —
Laundry: Ensuite
Interior: Other
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: AIMHOME REALTY INC.

Source: TRREB/PROPTX · MLS® N12318542

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$699K

Unit 1711 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,000✓ $490 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,428/mo

incl. closing costs (yr 1)

Annual total

$65,131

year 1

Mortgage only

$2,652/mo

principal + interest

Beyond mortgage

$1,446/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$41/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,990/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$33/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)49% $31,821/yr

Property taxes17% $10,945/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance11% $6,990/yr

Condo fees7% $4,715/yr

Closing costs8% $5,100/yr

Mortgage is 49% of your true cost of ownership. The other 51% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,821	$2,652/mo
Government & taxes
Property tax	$490	$41/mo
Land transfer tax(closing)	$10,455	$871/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,990	$583/mo
Condo fees
Condo / HOA fees	$4,715	$393/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$65,131	$5,428/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1711

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs