819-180 Markham Road, Toronto, ON

Scarborough Village, Toronto · MLS® E13420578

$349,900
For Sale
Listed 38 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Updated 2-bedrooms, One and half bathrooms condo in a highly sought-after location! This spacious unit boasts abundant natural light, an open-concept living and dining area, and a modern kitchen with sleek finishes.The primary bedroom offers ample closet space and a private ensuite bathroom, while the second bedroom is perfect for family, guests, or a home office. The additional full bathroom ensures convenience and privacy for everyone.Enjoy your morning coffee or unwind after a long day on the private balcony with serene views. This well-maintained building features excellent amenities, including a gym, party room, and visitor parking.Situated in the heart of Scarborough, you're just steps away from public transit, schools, shopping centers, and restaurants, with easy access to major highways and parks.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13420578
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Markham/Eglinton
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Other
Exterior
Brick
Maintenance
$973/mo
Exposure
South
Property tax
$942 / 2025
Days on market
38
Listing brokerage
REALTY 21 INC.

Rooms

Bedroom 2Main2.84 × 4.55 m

Closet

KitchenMain4.19 × 2.39 m

b/i dishwasher · stainless steel appl

Primary BedroomMain3.05 × 5.49 m

2 pc ensuite · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$444Kest. value

Listed at $349,900, this home is about 21% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $329K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $490K
  • Adjusts to $490K

That comparable adjusts to $490K; the $444K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Scarborough Village Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Markham Rd at Markanna Dr is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$350KGreat deal$547KOverpriced

Total price vs nearby homes. Fair value about $444K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Scarborough Village · asking prices
$444kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

816-180 Markham Road$360k501-180 Markham Road$370k511-3380 Eglinton Avenue$399k801-3380 Eglinton Avenue$490k610-3655 Kingston Road$600k

The 5 closest of 6 active listings nearby.

See all comparable homes
350kThis home360k370k399k490k600kThis home vs active comparables
Live market pulseActive comparables in Scarborough Village · median list $480K
$369this home / sqft
19active listings nearby
38days on market

This home lists 21% below the area average of $467/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Scarborough Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Markham Rd at Markanna Dr, about 147 m away

20+ transit stops9 grocery20+ dining17 parks19 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Banbury-Don Mills
$500K
Bayview Village
$748K
Willowdale East
$441K
Church-Yonge Corridor
$590K
Waterfront Communities C8
$1.24M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Mason Road Junior Public School
43%
Mason Road Junior Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 43% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$1,595/mo
$85KIncome needed
4.1×Price ÷ income
$368Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

60%mortgage
Mortgage $1,595Property tax $79Condo fee $973Total carry $2,646

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,494per month

Mortgage amount $279,920 · 4.14% over 25 years

$69,980Down payment (20.0%)
$279,920Loan before insurance
$0CMHC premium
$2,545Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,494
Property tax
$79
Condo / maintenance fees
$973
Heating
$0
Estimated monthly cost
$2,545

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$3,724
Toronto municipal land transfer tax
$3,724
Estimated closing costs
$7,447

Plus your down payment of $69,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,814/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$168,207Total interest paid
$448,127Total of all payments
Principal $279,920 Interest $168,207
YearPrincipalInterestBalance
1$6,558$11,368$273,362
2$6,832$11,093$266,531
3$7,118$10,807$259,413
4$7,415$10,510$251,998
5$7,726$10,200$244,272
6$8,049$9,876$236,223
7$8,385$9,540$227,838
8$8,736$9,189$219,102
9$9,101$8,824$210,001
10$9,482$8,443$200,518
11$9,879$8,046$190,640
12$10,292$7,633$180,348
13$10,723$7,203$169,625
14$11,171$6,754$158,454
15$11,638$6,287$146,816
16$12,125$5,800$134,691
17$12,632$5,293$122,058
18$13,161$4,764$108,898
19$13,711$4,214$95,186
20$14,285$3,640$80,902
21$14,882$3,043$66,020
22$15,505$2,420$50,515
23$16,153$1,772$34,362
24$16,829$1,096$17,533
25$17,533$392$0

At the end of your 5-year term

Total paid over the term
$89,625
Principal paid down
$35,648
Interest paid
$53,978
Balance remaining
$244,272

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
5.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

10.5%
Gross yield
− Property tax $942− Condo fees $11,670− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,362

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY 21 INC.. MLS®/PropTx.

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