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$650K · 2 bed Condo Apartment · Cedarwood, Markham | MyPropertyScout

$649,900

Unit 125

22OwnerOccupied

Map

$649,900

F●●○○○

Unit 125

7325 Markham Road · Markham · Ontario L3S 0C9

MLS® N12930120 · Cedarwood · L3S 0C9

22OwnerOccupied900-999 ft²Condo Apartment1-car Underground$684/ft²$2,066 tax/yr

18% above market · regional est.

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

About this home

Absolutely Stunning, Bright And Spacious 2 Bedroom + 2 Full Baths In A Well-Managed, Energy-Efficient Building.. Features 9Ft Ceilings, Kitchen With Stainless Steel Appliances, Large Island, Quartz Countertop, W/Backsplash Wood Shaker Cabinets. Modern Light Fixtures, Smart Home Features (Google Nest Thermostat, Wifi Switch). The Bedroom Is Generously Sized With Great Closet Space And Plenty Of Natural Light. Glass Shower Ensuite, Underground Parking And Locker. Building Features Solar Panels & G…

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Property details

MLS#: N12930120
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Park, School

Condo corp #: 1369
Balcony: Enclosed
Locker: Owned
Association amenities: Exercise Room, Party Room/Meeting Room, Bike Storage
Fees include: 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: Concrete, Brick Front
Fronting on: —
Cross street: Markham Rd & Denison
Basement: None
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free
Parking features: None

Rooms

Level	Room	Dimensions
Main	Kitchen	2.51m × 2.44m
Main	Living Room	3.11m × 5.49m
Main	Dining Room	3.11m × 5.49m
Main	Primary Bedroom	3.05m × 3.93m
Main	Bedroom 2	2.93m × 3.05m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE/FUTURE REALTY INC.

Source: TRREB/PROPTX · MLS® N12930120

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$650K

Unit 125 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $649,900✓ $2,066 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,092/mo

incl. closing costs (yr 1)

Annual total

$61,099

year 1

Mortgage only

$2,466/mo

principal + interest

Beyond mortgage

$1,378/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$129,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$172/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 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%$6,499/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)$20/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)48% $29,586/yr

Property taxes19% $11,539/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance11% $6,499/yr

Condo fees5% $2,815/yr

Closing costs8% $5,100/yr

Mortgage is 48% of your true cost of ownership. The other 52% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,586	$2,466/mo
Government & taxes
Property tax	$2,066	$172/mo
Land transfer tax(closing)	$9,473	$789/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%)	$6,499	$542/mo
Condo fees
Condo / HOA fees	$2,815	$235/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	$61,099	$5,092/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 125

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs