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$540K · 1+1 bed Condo Apartment · Cornell, Markham | MyPropertyScout

$539,900

Unit 512

22 DOM

1+1122d

Map

DOM 22

$539,900

B●●○○○DOM22days

Unit 512

2 Adam Sellers Street · Markham · Ontario L6B 1P2

MLS® N13412990 · Cornell · L6B 1P2

1+11TenantOccupied700-799 ft²Condo Apartment1-car Underground22d$720/ft²$2,299 tax/yrBuilt 20233 yrs old

3% below market · regional est. · 22 days on market

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

About this home

Face West has bright & Open Concept Living Area and dining space and home office, With A Large Fully Enclosed Retractable Balcony Facing The Open Nature ,Built By Mattamy , Spacious Master Bedroom With Large Windows, Walk-In Closet & Shower-Ensuite Bath., Walk-In Closet . Close To Hwy 407 and HWY 7.

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Property details

MLS#: N13412990
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 700-799
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Hospital, Library, Park, Public Transit, School

Condo corp #: 1406
Balcony: Enclosed
Locker: Owned
Association amenities: Bike Storage, Exercise Room, Game Room, Gym, Visitor Parking
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: Brick
Fronting on: —
Cross street: Bur Oak/Highway 7
Basement: None
Stories: 5
Utilities: —
Laundry: Ensuite
Interior: Carpet Free, Countertop Range
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Flat	Living Room	—
Flat	Breakfast	—
Flat	Kitchen	—
Flat	Primary Bedroom	4.22m × 5.03m
Flat	Den	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: BAY STREET GROUP INC.

Source: TRREB/PROPTX · MLS® N13412990

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$540K

Unit 512 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $539,900✓ $2,299 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,614/mo

incl. closing costs (yr 1)

Annual total

$55,369

year 1

Mortgage only

$2,048/mo

principal + interest

Beyond mortgage

$1,501/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$107,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$192/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 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%$5,399/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)$36/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $24,579/yr

Property taxes17% $9,572/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,399/yr

Condo fees9% $5,160/yr

Closing costs9% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,579	$2,048/mo
Government & taxes
Property tax	$2,299	$192/mo
Land transfer tax(closing)	$7,273	$606/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%)	$5,399	$450/mo
Condo fees
Condo / HOA fees	$5,160	$430/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	$55,369	$4,614/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 512

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs