308-253 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13664594

$678,000
For Sale
Listed 69 days agoNo offer date statedSitting longer than typical
2Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • A CORNER UNIT THAT CHECKS ALL THE BOXES.
  • Space, privacy and an incredible ~477 sq. ft. wraparound terrace set this 2-bedroom suite apart in the sought-after Eden Park community.
  • Step outside to the showstopper: a rare wraparound terrace with incredible space for lounging, dining, entertaining and creating your own outdoor oasis.
  • Eden Park is known for its energy-efficient construction and outstanding amenities, including an indoor pool, gym, theatre, games room and beautifully appointed party...

A CORNER UNIT THAT CHECKS ALL THE BOXES! Space, privacy and an incredible ~477 sq. ft. wraparound terrace set this 2-bedroom suite apart in the sought-after Eden Park community. The oversized foyer offers rare bonus space perfect for a home office, den, reading nook or a statement entryway. The smart split-bedroom layout provides excellent privacy, with two generously sized bedrooms featuring large windows and ample closet space. As a west-facing corner unit natural light pours in while overlooking the newly developed park. Step outside to the showstopper: a rare wraparound terrace with incredible space for lounging, dining, entertaining and creating your own outdoor oasis. Located on a quieter floor with fewer suites for an exclusive, penthouse-style feel. Eden Park is known for its energy-efficient construction and outstanding amenities, including an indoor pool, gym, theatre, games room and beautifully appointed party room. A rare combination of indoor flexibility, exceptional outdoor space and resort-style amenities! TWO PARKING SPACES

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13664594
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Leslie & Hwy 7
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$826/mo
Exposure
North West
Property tax
$2,870 / 2025
Days on market
69
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Dining RoomMain3.29 × 7.01 m

laminate · combined w/living · open concept

Bedroom 2Main3.41 × 3.04 m

laminate · closet · nw view

FoyerMain10.40 × 13.40 m

laminate · open concept · closet

Primary BedroomMain3.04 × 3.65 m

laminate · 4 pc ensuite · walk-in closet(s)

KitchenMain2.53 × 2.74 m

ceramic floor · breakfast bar · stainless steel appl

Living RoomMain3.29 × 7.01 m

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

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

Neighbourhood & location

Commerce Valley, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

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

Aileen-Willowbrook
$674K
Royal Orchard
$1.64M
Thornhill
$588K
Grandview
$491K
Unionville
$636K

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

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

Affordability & Mortgage

Affordability
$3,090/mo
$144KIncome needed
4.7×Price ÷ income
$713Weekly cost
$10,035Land 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.

74%mortgage
Mortgage $3,090Property tax $239Condo fee $826Total carry $4,155

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)
$2,999per month

Mortgage amount $542,400 · 4.49% over 25 years

$135,600Down payment (20.0%)
$542,400Loan before insurance
$0CMHC premium
$4,064Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,999
Property tax
$239
Condo / maintenance fees
$826
Heating
$0
Estimated monthly cost
$4,064

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

One-time closing costs

Ontario land transfer tax
$10,035
Estimated closing costs
$10,035

Plus your down payment of $135,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,630/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

$357,307Total interest paid
$899,707Total of all payments
Principal $542,400 Interest $357,307
YearPrincipalInterestBalance
1$12,104$23,884$530,296
2$12,654$23,335$517,642
3$13,228$22,760$504,414
4$13,829$22,160$490,585
5$14,457$21,532$476,129
6$15,113$20,875$461,016
7$15,799$20,189$445,216
8$16,517$19,472$428,700
9$17,266$18,722$411,433
10$18,050$17,938$393,383
11$18,870$17,118$374,513
12$19,727$16,261$354,786
13$20,622$15,366$334,164
14$21,559$14,429$312,605
15$22,538$13,451$290,067
16$23,561$12,427$266,506
17$24,631$11,358$241,875
18$25,749$10,239$216,126
19$26,918$9,070$189,208
20$28,140$7,848$161,068
21$29,418$6,570$131,650
22$30,754$5,235$100,896
23$32,150$3,838$68,746
24$33,610$2,378$35,136
25$35,136$852$0

At the end of your 5-year term

Total paid over the term
$179,941
Principal paid down
$66,271
Interest paid
$113,670
Balance remaining
$476,129

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.

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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
2.8%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.

5.4%
Gross yield
− Property tax $2,870− Condo fees $9,914− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,190

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

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