$489K · 1+1 bed Condo Apartment · Wismer, Markham

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About this home

OFFERS ANY TIME! Priced to sell! Exceptionally rare 638 sq.ft corner unit + additional 441 sq.ft. private terrace!!!! Welcome to this beautifully updated 1+1 bedroom corner suite located in the highly regarded building known as "The Mark" -a one-of-a-kind opportunity offering style, space and outstanding value in one of Markham's most convenient & vibrant communities. This exceptional corner unit features 9ft ceilings, an open-concept layout and is flooded with natural light through expansive fl…

Property details

MLS#

N13432406

Status

Buy Now

Beds

1+1

Baths

1 full, 0 half

Size

600-699

Style

1 Storey/Apt

Type

Condo Apartment

Year built

—

Property features: Golf, Hospital, Place Of Worship, Rec./Commun.Centre, School, Library

View: City, Panoramic, Skyline

Condo corp #: 1411
Balcony: Terrace
Locker: Owned
Association amenities: Concierge, Exercise Room, Guest Suites, Rooftop Deck/Garden, Visitor Parking, BBQs Allowed
Fees include: Building Insurance Included, Parking Included, Common Elements 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
Fronting on: —
Cross street: Markham Road & 16th Avenue
Basement: None
Stories: 9
Utilities: —
Laundry: Ensuite, In-Suite Laundry, Laundry Closet
Interior: Storage Area Lockers, Carpet Free, Primary Bedroom - Main Floor
Parking features: Underground, Reserved/Assigned

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $489,000✓ $2,093 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,438/mo

incl. closing costs (yr 1)

Annual total

$53,252

year 1

Mortgage only

$1,855/mo

principal + interest

Beyond mortgage

$1,603/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$97,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$174/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%$4,890/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)$49/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $22,261/yr

Property taxes16% $8,348/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,890/yr

Condo fees13% $7,093/yr

Closing costs10% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,261	$1,855/mo
Government & taxes
Property tax	$2,093	$174/mo
Land transfer tax(closing)	$6,255	$521/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%)	$4,890	$408/mo
Condo fees
Condo / HOA fees	$7,093	$591/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	$53,252	$4,438/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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Annual costs