318-60 South Town Centre Boulevard, Markham, ON

Unionville, Markham · MLS® N13569252

$495,000
For Sale
Listed 2 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Don't miss your chance to own this bright and functional space to live or invest in a LEED certified building located in the the heart of Markham. Use the den as an office or put in a futon to accommodate visitors - You'll want to see this space to know just how good this property will fit your vision. This 1 bedroom + spacious den unit comes with a balcony, 1 underground parking, locker new washer and dryer (May 2026) and freshly painted. Close to restaurants, shops, Downtown Markham, York University, schools, parks, Viva transit, Hwy 407and 404, this versatile property affords you the convenience, community and amenities within walking distance or a short drive in a sought-after neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13569252
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Hwy 7 E / Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$475/mo
Exposure
East
Property tax
$2,239 / 2026
Days on market
2
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomFlat6.45 × 3.06 m

combined w/dining · w/o to balcony · laminate

KitchenFlat3.07 × 2.85 m

ceramic floor · ceramic backsplash · track lighting

Primary BedroomFlat3.25 × 2.92 m

w/o to balcony · sliding doors · closet

BathroomFlat0.00 × 0.00 m

3 pc bath · ceramic floor

DenFlat2.92 × 1.83 m

laminate · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$530Kest. value

Listed at $495,000, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 40 similar homes nearby, adjusted for size, beds, and baths.Median of 40 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $506K, a close match.

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 $469K
  • Adjusts to $469K

That comparable adjusts to $469K; the $530K estimate above is the median of all 40 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.

On schools, this address is zoned for Unionville HS, 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.

On location, this is a very walkable address with everyday errands close by. South Town Centre Blvd / Clegg Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$495KGreat deal$583KOverpriced

Total price vs nearby homes. Fair value about $530K, median of 40 comparables.

Comparable listingsCurrently listed nearby in Unionville · asking prices
$497kavg asking

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

308-25 Water Walk Drive$500k629-38 Water Walk Drive$500k211-60 South Town Centre Boulevard$500k305-151 Upper Duke Crescent$508k214-111 Upper Duke Crescent$475k

The 5 closest of 8 active listings nearby.

See all comparable homes
495kThis home500k500k500k508k475kThis home vs active comparables
Live market pulseActive comparables in Unionville · median list $553K
$762this home / sqft
64active listings nearby
2days on market

This home lists 10% below the area average of $845/sqft.

6 days faster than the Markham average (8 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Unionville, 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.

Getting around

75/ 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: South Town Centre Blvd / Clegg Rd, about 72 m away

20+ transit stops5 grocery20+ dining19 parks9 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.

Commerce Valley
$582K
Royal Orchard
$1.32M
Wismer
$563K
Thornhill
$549K
Grandview
$571K

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 Unionville HS
89%
Unionville HSPublic · Secondary · 9-12 · 0.6 km awayHigher-rated than most nearby · 89% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published

Affordability & Mortgage

Affordability
$2,256/mo
$104KIncome needed
4.7×Price ÷ income
$521Weekly 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.

77%mortgage
Mortgage $2,256Property tax $187Condo fee $475Total carry $2,918

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)
$2,113per month

Mortgage amount $396,000 · 4.14% over 25 years

$99,000Down payment (20.0%)
$396,000Loan before insurance
$0CMHC premium
$2,775Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,113
Property tax
$187
Condo / maintenance fees
$475
Heating
$0
Estimated monthly cost
$2,775

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

One-time closing costs

Ontario land transfer tax
$6,375
Estimated closing costs
$6,375

Plus your down payment of $99,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,567/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

$237,961Total interest paid
$633,961Total of all payments
Principal $396,000 Interest $237,961
YearPrincipalInterestBalance
1$9,277$16,082$386,723
2$9,665$15,693$377,058
3$10,069$15,289$366,989
4$10,490$14,868$356,499
5$10,929$14,429$345,569
6$11,386$13,972$334,183
7$11,863$13,496$322,320
8$12,359$13,000$309,962
9$12,876$12,483$297,086
10$13,414$11,944$283,671
11$13,975$11,383$269,696
12$14,560$10,798$255,136
13$15,169$10,189$239,967
14$15,804$9,555$224,163
15$16,465$8,894$207,699
16$17,153$8,205$190,545
17$17,871$7,488$172,675
18$18,618$6,740$154,056
19$19,397$5,961$134,659
20$20,208$5,150$114,451
21$21,054$4,305$93,397
22$21,934$3,424$71,463
23$22,852$2,507$48,611
24$23,808$1,551$24,804
25$24,804$555$0

At the end of your 5-year term

Total paid over the term
$126,792
Principal paid down
$50,431
Interest paid
$76,361
Balance remaining
$345,569

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$2,050/mo
$24,600Gross annual rent
2.7%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.

5.0%
Gross yield
− Property tax $2,239− Condo fees $5,703− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,352

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

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