$425K · 1 bed Condo Apartment · Commerce Valley, Markham

Loading neighbourhood intel…

About this home

Tucked into one of Markham's most convenient neighbourhoods, this freshly painted and bright 1-bedroom condo offers the perfect blend of comfort, practicality, and location. With its east-facing exposure and large windows, the suite enjoys peaceful views and an abundance of natural light throughout the day. The thoughtfully designed layout makes excellent use of every square foot, featuring an open-concept living and dining area, a spacious kitchen with ample storage and breakfast bar, and a gen…

Property details

MLS#

N13225550

Status

Buy Now

Beds

Baths

1 full, 0 half

Size

600-699

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 1006
Balcony: Open
Locker: Owned
Fees include: Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC 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
Fronting on: —
Cross street: Highway 7 & Leslie
Basement: None
Stories: 2
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: Underground

Level	Room	Dimensions
Flat	Living Room	2.9m × 5.89m
Flat	Dining Room	2.9m × 5.89m
Flat	Kitchen	2.21m × 3.33m
Flat	Primary Bedroom	2.84m × 3.4m

Level

Room

Dimensions

Flat

Living Room

2.9m × 5.89m

Flat

Dining Room

2.9m × 5.89m

Flat

Kitchen

2.21m × 3.33m

Flat

Primary Bedroom

2.84m × 3.4m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $425,000✓ $1,849 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,997/mo

incl. closing costs (yr 1)

Annual total

$47,960

year 1

Mortgage only

$1,612/mo

principal + interest

Beyond mortgage

$1,511/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$85,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$154/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%$4,250/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)$48/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $19,348/yr

Property taxes14% $6,824/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,250/yr

Condo fees14% $6,878/yr

Closing costs11% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$19,348	$1,612/mo
Government & taxes
Property tax	$1,849	$154/mo
Land transfer tax(closing)	$4,975	$415/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%)	$4,250	$354/mo
Condo fees
Condo / HOA fees	$6,878	$573/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	$47,960	$3,997/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.

Unlock Insider Deals

Sign in

Unit 219

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs