816-180 Markham Road, Toronto, ON

Scarborough Village, Toronto · MLS® E13834356

$349,999
For Sale
Listed 21 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • This is a rare opportunity to own this beautiful 2-bedroom, 1.5-bathroom corner condominium suite featuring a long balcony which brings in unobstructed views with...
  • The master bedroom includes a 1/2 bathroom and a large walk-in closet, while the second bedroom also offers generous closet space.
  • Area is TTC transit-friendly, including access to express TTC buses such as 986, 902, 102, and 905.
  • Is close to Eglinton GO Station, Guildwood GO Station, and Kennedy Subway Station, as well as several schools, daycares, places of worship, banks, local restaurants...

This is a rare opportunity to own this beautiful 2-bedroom, 1.5-bathroom corner condominium suite featuring a long balcony which brings in unobstructed views with natural light throughout. This is a spacious unit. The suite has been freshly painted and features parquet wood flooring throughout. The kitchen is equipped with elegant backsplash, Stove, Fridge, Over-the-range Microwave, and a dishwasher. The master bedroom includes a 1/2 bathroom and a large walk-in closet, while the second bedroom also offers generous closet space. Features underground parking and a storage locker. Maintenance fees include utilities such as electricity, heat, water, Rogers high-speed internet, and cable TV, offering exceptional value and convenience. Area is TTC transit-friendly, including access to express TTC buses such as 986, 902, 102, and 905. Is close to Eglinton GO Station, Guildwood GO Station, and Kennedy Subway Station, as well as several schools, daycares, places of worship, banks, local restaurants, and fast-food chains such as McDonald's, Pizza Pizza, Tim Hortons, Starbucks, and Popeyes Louisiana Kitchen within walking distance or a short drive/bus ride. Also well positioned for healthcare, pharmacy, library, and recreation access, as well as groceries and shopping such as Batala Supermarket, Dollarama, Metro, and Walmart. A wonderful opportunity to own a spacious unit in a family-friendly location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13834356
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Markham Road & Kingston Rd
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick, Concrete
Foundation
Concrete
Roof
Unknown
Maintenance
$977/mo
Exposure
South West
Property tax
$1,013 / 2026
Days on market
21
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Primary BedroomFlat5.46 × 3.02 m

parquet · walk-in closet(s)

Bedroom 2Flat3.84 × 2.90 m

parquet · window · closet

KitchenFlat2.84 × 2.29 m

ceramic backsplash · backsplash

Dining RoomFlat3.81 × 2.62 m

parquet · large window · combined w/living

Living RoomFlat6.02 × 5.72 m

parquet · large window · combined w/dining

BathroomFlat2.17 × 1.53 m

ceramic backsplash · soaking tub

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

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

Bayview Village
$554K
North St. James Town
$649K
Moss Park
$495K
Willowdale East
$820K
Waterfront Communities C8
$525K

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
Also nearby: 12 more schools within 2.5 km
Cedar Drive Junior Public School · Public elementary0.7 km · 53% at standard
George P Mackie Junior Public School · Public elementary0.7 km · 81% at standard
Cedarbrook Public School · Public elementary1.1 km · 48% at standard
Bliss Carman Senior Public School · Public elementary1.1 km
Elizabeth Simcoe Junior Public School · Public elementary1.1 km · 81% at standard
John McCrae Public School · Public elementary1.7 km · 54% at standard
Cedarbrae Collegiate Institute · Public secondary1.7 km · 56% at standard
Native Learning Centre East · Public secondary1.8 km
St Ursula Catholic School · Catholic elementary1.8 km · 89% at standard
Guildwood Junior Public School · Public elementary1.9 km · 80% at standard
H A Halbert Junior Public School · Public elementary1.9 km · 46% at standard
Sir Wilfrid Laurier Collegiate Institute · Public secondary1.9 km · 68% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,595/mo
$85KIncome needed
4.1×Price ÷ income
$368Weekly cost
$7,450Land transfer tax, one-time (Ontario + Toronto)
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 $84Condo fee $977Total carry $2,656

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,548per month

Mortgage amount $279,999 · 4.49% over 25 years

$70,000Down payment (20.0%)
$279,999Loan before insurance
$0CMHC premium
$2,610Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,548
Property tax
$84
Condo / maintenance fees
$977
Heating
$0
Estimated monthly cost
$2,610

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

One-time closing costs

Ontario land transfer tax
$3,725
Toronto municipal land transfer tax
$3,725
Estimated closing costs
$7,450

Plus your down payment of $70,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,874/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

$184,450Total interest paid
$464,449Total of all payments
Principal $279,999 Interest $184,450
YearPrincipalInterestBalance
1$6,248$12,330$273,751
2$6,532$12,046$267,219
3$6,829$11,749$260,390
4$7,139$11,439$253,251
5$7,463$11,115$245,788
6$7,802$10,776$237,987
7$8,156$10,422$229,831
8$8,526$10,052$221,305
9$8,913$9,665$212,391
10$9,318$9,260$203,073
11$9,741$8,837$193,332
12$10,183$8,395$183,149
13$10,646$7,932$172,503
14$11,129$7,449$161,374
15$11,634$6,943$149,739
16$12,163$6,415$137,577
17$12,715$5,863$124,862
18$13,292$5,286$111,569
19$13,896$4,682$97,674
20$14,527$4,051$83,147
21$15,186$3,392$67,961
22$15,876$2,702$52,085
23$16,597$1,981$35,488
24$17,350$1,228$18,138
25$18,138$440$0

At the end of your 5-year term

Total paid over the term
$92,890
Principal paid down
$34,211
Interest paid
$58,679
Balance remaining
$245,788

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%Cap rate after taxes and upkeep

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 $1,013− Condo fees $11,720− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,241

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

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