Ph05-325 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13666960

$728,000
For Sale
Listed 68 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
2Garage
900-999Sq ft

About this home

In short

  • Eden Park II by Times Development, Certified Energy Efficient Building: LEED GOLD Standard.
  • 10 ft ceiling height, oversized window to give plenty of natural light.
  • Engineered hardwood flooring thru out except bathroom floor.
  • It comes with a side-by-side 2 cars parking and 2 lockers.
  • Walk to commercial distract along Highway 7, public transit, parks and schools.

Eden Park II by Times Development, Certified Energy Efficient Building: LEED GOLD Standard. Upgraded penthouse unit overlooking downtown area, including view of the CN Tower. 10 ft ceiling height, oversized window to give plenty of natural light. Modern Kitchen with granite counter, centre island, and S/S appliances. Engineered hardwood flooring thru out except bathroom floor. It comes with a side-by-side 2 cars parking and 2 lockers. Walk to commercial distract along Highway 7, public transit, parks and schools. Future T&T supermarket close by. Just move in and call it HOME.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13666960
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Hwy7 & Leslie (Commerce Gate)
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$786/mo
Exposure
South
Property tax
$3,354 / 2026
Days on market
68
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomFlat4.78 × 2.97 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Dining RoomFlat3.48 × 2.08 m

hardwood floor · combined w/living

Living RoomFlat5.72 × 2.95 m

hardwood floor · combined w/dining · w/o to balcony

Bedroom 2Flat3.15 × 3.05 m

hardwood floor · closet

KitchenFlat3.76 × 2.49 m

granite counters · breakfast bar · stainless steel appl

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

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.

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
$3,318/mo
$153KIncome needed
4.7×Price ÷ income
$766Weekly cost
$11,035Land 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.

76%mortgage
Mortgage $3,318Property tax $280Condo fee $786Total carry $4,384

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)
$3,220per month

Mortgage amount $582,400 · 4.49% over 25 years

$145,600Down payment (20.0%)
$582,400Loan before insurance
$0CMHC premium
$4,286Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,220
Property tax
$280
Condo / maintenance fees
$786
Heating
$0
Estimated monthly cost
$4,286

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

One-time closing costs

Ontario land transfer tax
$11,035
Estimated closing costs
$11,035

Plus your down payment of $145,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,898/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

$383,657Total interest paid
$966,057Total of all payments
Principal $582,400 Interest $383,657
YearPrincipalInterestBalance
1$12,997$25,646$569,403
2$13,587$25,055$555,817
3$14,204$24,439$541,613
4$14,849$23,794$526,764
5$15,523$23,119$511,241
6$16,228$22,415$495,014
7$16,964$21,678$478,050
8$17,735$20,908$460,315
9$18,540$20,102$441,775
10$19,382$19,261$422,393
11$20,262$18,381$402,132
12$21,182$17,461$380,950
13$22,143$16,499$358,807
14$23,149$15,494$335,658
15$24,200$14,443$311,458
16$25,299$13,344$286,160
17$26,447$12,195$259,713
18$27,648$10,994$232,065
19$28,903$9,739$203,161
20$30,216$8,427$172,946
21$31,588$7,055$141,358
22$33,022$5,621$108,337
23$34,521$4,121$73,815
24$36,088$2,554$37,727
25$37,727$915$0

At the end of your 5-year term

Total paid over the term
$193,211
Principal paid down
$71,159
Interest paid
$122,053
Balance remaining
$511,241

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
2.6%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.

5.0%
Gross yield
− Property tax $3,354− Condo fees $9,434− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,185

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

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