RG1 (LPH1)-8200 Birchmount Road, Markham, ON

Unionville, Markham · MLS® N13681598

$850,000
For Sale
Listed 34 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Experience luxury living in this rarely lived-in, sun-filled lower penthouse corner unit in the heart of Uptown/Unionville Markham.
  • Offering 2 bedrooms + a spacious den, this impressive suite features 9 ft ceilings, two terraces, and one private balcony, creating exceptional indoor-outdoor flow.
  • The modern upgraded kitchen includes stainless steel appliances, while the large primary bedroom offers a 4-piece ensuite and walk-in closet.
  • With 1067 sq ft of well-designed living space, this unit also includes 1 parking and 1 locker.
  • This environmentally conscious green building provides outstanding amenities: 24-hr concierge, indoor pool, gym, yoga studio, library, party room, guest suites, and a...

Experience luxury living in this rarely lived-in, sun-filled lower penthouse corner unit in the heart of Uptown/Unionville Markham. Offering 2 bedrooms + a spacious den, this impressive suite features 9 ft ceilings, two terraces, and one private balcony, creating exceptional indoor-outdoor flow. The generous den with a window and terrace walk-out is ideal as a home office or a dedicated dining space. The modern upgraded kitchen includes stainless steel appliances, while the large primary bedroom offers a 4-piece ensuite and walk-in closet. With 1067 sq ft of well-designed living space, this unit also includes 1 parking and 1 locker. This environmentally conscious green building provides outstanding amenities: 24-hr concierge, indoor pool, gym, yoga studio, library, party room, guest suites, and a rooftop garden with BBQs. Perfectly located near top conveniences - restaurants, Whole Foods, LCBO, Markham VIP, parks, YRT/GO transit, Markville Mall, First Markham Place, and the York University Markham campus. The unit has been meticulously maintained and comes with rarely used furniture (optional) as the owner is relocating overseas. Truly move-in ready and an exceptional opportunity to own a premium penthouse-level residence in one of Markham's most desirable communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13681598
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Birchmount/Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$754/mo
Exposure
North West
Property tax
$4,048 / 2026
Days on market
34
Listing brokerage
HOMELIFE GOLD PACIFIC REALTY INC.

Rooms

Primary BedroomFlat3.12 × 4.27 m

w/o to balcony · 4 pc ensuite · walk-in closet(s)

Dining RoomFlat7.65 × 3.15 m

combined w/living · w/o to terrace

Bedroom 2Flat3.05 × 3.66 m

closet · picture window

Living RoomFlat7.65 × 3.15 m

combined w/dining · w/o to terrace

DenFlat3.66 × 2.59 m

picture window · w/o to terrace

Our TakeTeam Asgarian · Broker
Above what recent sales support
$773Kautomated estimate, from recent sales

Listed at $850,000. Recent sales of homes like it put this one around $773K, so the ask is about 10% above what similar homes have sold for.

If it sells at this ask, expect about $851K, typically $814K to $845K: that is where homes here have closed against their asks in the last 90 days (63 closings).

List price
$719KBelow recent closings$850KAbove recent closings

Total price vs nearby homes. Fair value about $773K, learned from recent GTA sales.

The market behind the math:

63sold nearby · 90 days
$564Kmedian sold price
99%of asking, on average
−9%prices vs a year ago
~28 dayshomes like this take to sell
34days on market so far
$3,192/moest. rent · 5 leases
4.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 42 condo apartment homes for sale in the area against 63 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 $773/sqft against an area asking average of $769/sqft. Size and $/sqft both feed the estimate above.

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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $743K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Markville 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 ($773/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 11 homes sold in this building over the past 20 months, from 500 closings in Unionville.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$863kavg 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 $785/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
850kThis home828k888k899k899k800kThis home vs active comparables

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.

Nearby neighbourhoods

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

Commerce Valley
$713K
Wismer
$478K
Greensborough
$594K
Royal Orchard
$2.06M
Cornell
$600K

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 Markville SS
94%
Markville SSPublic · Secondary · 9-12 · 3.6 km awayAmong the top in the GTA · 94% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published
St. AugustineEQAO results not published
Also nearby: 9 more schools within 2.5 km
Unionville High School · Public secondary1.0 km · 89% at standard
Bill Crothers Secondary School · Public secondary1.2 km · 88% at standard
Parkview Public School · Public elementary1.4 km · 84% at standard
William Berczy Public School · Public elementary1.6 km · 83% at standard
Coledale Public School · Public elementary1.7 km · 78% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.9 km · 98% at standard
Unionville Public School · Public elementary2.1 km · 76% at standard
Unionville Meadows Public School · Public elementary2.5 km · 79% at standard
St Matthew Catholic Elementary School · Catholic elementary2.5 km · 94% at standard

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

Affordability & Mortgage

Affordability
$3,874/mo
$176KIncome needed
4.8×Price ÷ income
$894Weekly cost
$13,475Land 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.

78%mortgage
Mortgage $3,874Property tax $337Condo fee $754Total carry $4,965

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,722per month

Mortgage amount $680,000 · 4.39% over 25 years

$170,000Down payment (20.0%)
$680,000Loan before insurance
$0CMHC premium
$4,813Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,722
Property tax
$337
Condo / maintenance fees
$754
Heating
$0
Estimated monthly cost
$4,813

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

One-time closing costs

Ontario land transfer tax
$13,475
Estimated closing costs
$13,475

Plus your down payment of $170,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,510/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

$436,643Total interest paid
$1,116,643Total of all payments
Principal $680,000 Interest $436,643
YearPrincipalInterestBalance
1$15,388$29,278$664,612
2$16,070$28,595$648,542
3$16,784$27,882$631,758
4$17,529$27,137$614,230
5$18,307$26,359$595,923
6$19,119$25,547$576,804
7$19,968$24,698$556,836
8$20,854$23,812$535,983
9$21,779$22,886$514,203
10$22,746$21,920$491,457
11$23,755$20,910$467,702
12$24,810$19,856$442,892
13$25,911$18,755$416,981
14$27,061$17,605$389,921
15$28,262$16,404$361,659
16$29,516$15,150$332,143
17$30,826$13,840$301,317
18$32,194$12,472$269,122
19$33,623$11,043$235,499
20$35,115$9,550$200,384
21$36,674$7,992$163,710
22$38,301$6,364$125,409
23$40,001$4,664$85,407
24$41,777$2,889$43,631
25$43,631$1,035$0

At the end of your 5-year term

Total paid over the term
$223,329
Principal paid down
$84,077
Interest paid
$139,252
Balance remaining
$595,923

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 5 whole-home leases in Unionville$3,192/mo
$38,304Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,809 to $3,575Typical 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 5 whole-home leases in Unionville signed at a median of $2,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,192. 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.

4.5%
Gross yield
− Property tax $4,048− Condo fees $9,045− Insurance $600− Vacancy & upkeep $4,213Net operating income $20,398

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

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