214-7825 Bayview Avenue, Markham, ON

Aileen-Willowbrook, Markham · MLS® N13003738

$778,000
For Sale
Listed 187 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

High Demand Thornhill Location*1406 Sq Ft*Windows Overlook Stunning Trees & Grounds*Spacious Rooms*Resort Style Amenities*Close To Buses, H7& H407*Community Center & Library & Shopping- Walking Distance*Maintenance Fees Include Cable, Wifi, Heat, A/C, Electric, Water*Excellent Management*24 Hr Security*All As Is*

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13003738
Bedrooms
2
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Green Lane
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,281/mo
Exposure
North West
Property tax
$2,933 / 2025
Days on market
187
Listing brokerage
PAUL ZAMMIT REAL ESTATE LTD.

Rooms

Dining RoomFlat2.77 × 3.26 m

combined w/living · laminate

Primary BedroomFlat5.18 × 3.35 m

4 pc ensuite · laminate · overlooks garden

BedroomFlat4.26 × 2.62 m

large window · laminate · overlooks garden

Living RoomFlat6.10 × 3.26 m

combined w/dining · laminate

KitchenFlat6.69 × 2.44 m

large window · tile floor · eat-in kitchen

SolariumFlat3.96 × 2.13 m

large window · laminate · overlooks garden

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Aileen-Willowbrook, Markham, ON

CommuteTime from this home to where you spend your day

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

Affordability & Mortgage

Affordability
$3,546/mo
$170KIncome needed
4.6×Price ÷ income
$818Weekly cost
$12,035Land transfer tax, one-time (Ontario)
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.

70%mortgage
Mortgage $3,546Property tax $244Condo fee $1,281Total carry $5,071

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,441per month

Mortgage amount $622,400 · 4.49% over 25 years

$155,600Down payment (20.0%)
$622,400Loan before insurance
$0CMHC premium
$4,967Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,441
Property tax
$244
Condo / maintenance fees
$1,281
Heating
$0
Estimated monthly cost
$4,967

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

One-time closing costs

Ontario land transfer tax
$12,035
Estimated closing costs
$12,035

Plus your down payment of $155,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,165/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

$410,007Total interest paid
$1,032,407Total of all payments
Principal $622,400 Interest $410,007
YearPrincipalInterestBalance
1$13,889$27,407$608,511
2$14,520$26,776$593,991
3$15,179$26,117$578,812
4$15,868$25,428$562,943
5$16,589$24,707$546,354
6$17,342$23,954$529,012
7$18,130$23,167$510,883
8$18,953$22,344$491,930
9$19,813$21,483$472,117
10$20,713$20,583$451,404
11$21,653$19,643$429,751
12$22,636$18,660$407,114
13$23,664$17,632$383,450
14$24,739$16,558$358,712
15$25,862$15,434$332,850
16$27,036$14,260$305,814
17$28,264$13,033$277,550
18$29,547$11,749$248,003
19$30,888$10,408$217,115
20$32,291$9,005$184,824
21$33,757$7,539$151,067
22$35,290$6,007$115,777
23$36,892$4,404$78,885
24$38,567$2,729$40,318
25$40,318$978$0

At the end of your 5-year term

Total paid over the term
$206,481
Principal paid down
$76,046
Interest paid
$130,436
Balance remaining
$546,354

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$4,750/mo
$57,000Gross annual rent
4.1%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.

7.3%
Gross yield
− Property tax $2,933− Condo fees $15,370− Insurance $600− Vacancy & upkeep $6,270Net operating income $31,826

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PAUL ZAMMIT REAL ESTATE LTD.. MLS®/PropTx.

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