203-9560 Markham Road, Markham, ON

Wismer, Markham · MLS® N13566938

$579,900
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Location, Location, Location.
  • Joy GO Station, Highways 407 & 404, York University Markham Campus, Top-Rated Schools, Major Tech Employers Including IBM And AMD, Premier Shopping, Dining, Parks...

Location, Location, Location! Welcome To The Mark Condominium, Offering A Luxurious, Bright, And Spacious 2-Bedroom, 2-Bathroom Northwest Corner Suite With A Functional Open-Concept Layout. The Modern Kitchen Features Sleek Cabinetry, A Stylish Backsplash, And Flows Seamlessly Into The Combined Living And Dining Area. Laminate Flooring Throughout, Ensuite Laundry, And Private Balcony Access From Both Bedrooms Complete This Exceptional Home. Ideally Located Just Minutes From Unionville, Mt. Joy GO Station, Highways 407 & 404, York University Markham Campus, Top-Rated Schools, Major Tech Employers Including IBM And AMD, Premier Shopping, Dining, Parks, Transit, And One Of Markham's Most Desirable Growth Corridors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13566938
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Markham RD & Bur Oak Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$744/mo
Exposure
North
Property tax
$2,320 / 2026
Days on market
68
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Living RoomFlat6.19 × 2.46 m

combined w/dining · window

Primary BedroomFlat3.65 × 2.72 m

3 pc ensuite · b/i closet · w/o to balcony

Bedroom 2Flat3.18 × 3.12 m

b/i closet · 4 pc bath · w/o to balcony

Dining RoomFlat6.19 × 2.46 m

combined w/living · laminate

KitchenFlat2.64 × 2.45 m

backsplash · b/i dishwasher · b/i microwave

Our TakeTeam Asgarian · Broker
A small discount is typical
$571Klikely sale price

Listed at $579,900. Going by how homes in Wismer and the wider GTA have actually closed against their asking prices (about 99%, 6 local closings in 90 days), the likely sale price is near $571K, if it sells. A realistic range is $538K to $618K.

Independent value check: $537K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $499K and $564K).

Why $537K. The typical condo sold in Wismer over the past year went for about $473K (33 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.

Longer on the market than typical. 68 days on the market against about 26 for homes like it here, and asking 8% above where comparable closings put it.

List price
$538KBelow recent closings$618KAbove recent closings

Total price vs nearby homes. Likely closing about $571K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$463Kmedian sold price
103%of asking, on average
−19%prices vs a year ago
~24 dayshomes like this take to sell
68days on market so far
$2,765/moest. rent · 14 leases
5.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 12 condo apartment homes for sale in the area against 6 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $683/sqft against an area asking average of $689/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $531K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bur Oak SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($683/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 13 homes sold in this building over the past two years, from 60 closings in Wismer.

What sellers nearby are askingCurrently listed nearby in Wismer · asking prices
$568kavg asking

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

Per square foot, these ask about $726/sqft; this home lists at $683/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
580kThis home620k605k480kThis home vs active comparables

Neighbourhood & location

Wismer, Markham, 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.

Greensborough
$594K
Cornell
$600K
Middlefield
$549K
Unionville
$617K
Commerce Valley
$700K

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

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 Wismer PS
85%
Wismer PSPublic · Elementary · JK-8 · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard
St. Brother AndreEQAO results not published
Also nearby: 12 more schools within 2.5 km
Mount Joy Public School · Public elementary0.8 km · 88% at standard
St Brother André Catholic High School · Catholic secondary0.8 km · 82% at standard
Donald Cousens Public School · Public elementary1.1 km · 80% at standard
E T Crowle Public School · Public elementary1.1 km · 91% at standard
St Julia Billiart Catholic Elementary School · Catholic elementary1.2 km · 86% at standard
Sam Chapman Public School · Public elementary1.7 km · 88% at standard
St Kateri Tekakwitha Catholic Elementary School · Catholic elementary1.7 km · 79% at standard
Greensborough Public School · Public elementary1.8 km · 83% at standard
John McCrae Public School · Public elementary1.8 km · 90% at standard
Fred Varley Public School · Public elementary1.8 km · 76% at standard
St Joseph Catholic Elementary School · Catholic elementary2.0 km · 86% at standard
Franklin Street Public School · Public elementary2.1 km · 86% at standard

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

Affordability & Mortgage

Affordability
$2,643/mo
$124KIncome needed
4.7×Price ÷ income
$610Weekly cost
$8,073Land 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.

74%mortgage
Mortgage $2,643Property tax $193Condo fee $744Total carry $3,580

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,539per month

Mortgage amount $463,920 · 4.39% over 25 years

$115,980Down payment (20.0%)
$463,920Loan before insurance
$0CMHC premium
$3,477Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,539
Property tax
$193
Condo / maintenance fees
$744
Heating
$0
Estimated monthly cost
$3,477

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

One-time closing costs

Ontario land transfer tax
$8,073
Estimated closing costs
$8,073

Plus your down payment of $115,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,077/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

$297,894Total interest paid
$761,814Total of all payments
Principal $463,920 Interest $297,894
YearPrincipalInterestBalance
1$10,498$19,975$453,422
2$10,964$19,509$442,458
3$11,450$19,022$431,008
4$11,959$18,514$419,049
5$12,489$17,983$406,560
6$13,044$17,429$393,516
7$13,623$16,850$379,893
8$14,227$16,245$365,666
9$14,859$15,614$350,808
10$15,518$14,954$335,290
11$16,207$14,266$319,083
12$16,926$13,546$302,157
13$17,677$12,795$284,479
14$18,462$12,011$266,018
15$19,281$11,191$246,736
16$20,137$10,336$226,599
17$21,031$9,442$205,569
18$21,964$8,509$183,605
19$22,939$7,534$160,666
20$23,957$6,516$136,709
21$25,020$5,452$111,689
22$26,131$4,342$85,558
23$27,290$3,182$58,268
24$28,502$1,971$29,766
25$29,766$706$0

At the end of your 5-year term

Total paid over the term
$152,363
Principal paid down
$57,360
Interest paid
$95,002
Balance remaining
$406,560

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
From 14 whole-home leases in Wismer$2,765/mo
$33,180Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,626 to $2,903Typical rent range
~24 daysTo find a tenant, on average

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

Talk about the numbers

The last 14 whole-home leases in Wismer signed at a median of $2,297 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,765. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.7%
Gross yield
− Property tax $2,320− Condo fees $8,924− Insurance $600− Vacancy & upkeep $3,650Net operating income $17,686

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

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