314-28 Prince Regent Street, Markham, ON

Cathedraltown, Markham · MLS® N13693024

$550,000
For Sale
Listed 61 days agoOffer date passed (Thu, Sep 10)Sitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to Your Perfect Move-Up Home with an unobstructed West Views .This bright and spacious 2-bedroom, 2-bathroom corner unit is ideal for those looking to upsize...
  • With afunctional open-concept layout, 9 ft ceilings and Plenty Of Natural Sunlight Through out.
  • This well-kept unit is located just minute from Hwy 404, and close to shopping malls, restaurants, parks, schools, major highways, and Viva transit - everything you...
  • Includes 1 parking and 1 locker located on the same floor.
  • Enjoy building Amenities Including 24/7 Concierge, Party Room & Shared Patio With BBQ.

Welcome to Your Perfect Move-Up Home with an unobstructed West Views .This bright and spacious 2-bedroom, 2-bathroom corner unit is ideal for those looking to upsize without compromise In The Highly Sought-After Cathedral town Community. With afunctional open-concept layout, 9 ft ceilings and Plenty Of Natural Sunlight Through out. The modern kitchen features granite countertops, stainless steel appliances, and a stylish backsplash. Step out onto your private balcony and enjoy the open unobstructed view! Perfect For Morning Coffee Or Unwinding At The End Of The Day. This well-kept unit is located just minute from Hwy 404, and close to shopping malls, restaurants, parks, schools, major highways, and Viva transit - everything you need is right at your doorstep. Includes 1 parking and 1 locker located on the same floor. Enjoy building Amenities Including 24/7 Concierge, Party Room & Shared Patio With BBQ. This is the perfect blend of comfort, convenience, and style - a must-see for buyers looking to upsize/ downsize and perfect for investors too. Offers will be reviewed on Sept 10, 2026

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13693024
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Woodbine/Major Mackenzie Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$861/mo
Exposure
West
Property tax
$2,796 / 2026
Days on market
61
Listing brokerage
KW Living Realty

Rooms

Living RoomFlat6.19 × 4.01 m

combined w/dining · w/o to balcony · window floor to ceiling

Primary BedroomFlat3.35 × 3.20 m

west view · laminate · 4 pc ensuite

Dining RoomFlat6.19 × 4.01 m

combined w/living · open concept · laminate

KitchenFlat6.19 × 4.01 m

stainless steel appl · backsplash · centre island

Bedroom 2Flat3.05 × 3.00 m

west view · laminate · sliding doors

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
What sellers nearby are askingCurrently listed nearby in Cathedraltown · asking prices
$677kavg 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 $775/sqft; this home lists at $579/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
550kThis home711k679k699k619kThis home vs active comparables

Neighbourhood & location

Cathedraltown, 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.

Unionville
$636K
Commerce Valley
$561K
Aileen-Willowbrook
$674K
Royal Orchard
$1.76M
Wismer
$438K

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
$2,507/mo
$123KIncome needed
4.5×Price ÷ income
$578Weekly cost
$7,475Land 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.

70%mortgage
Mortgage $2,507Property tax $233Condo fee $861Total carry $3,600

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,433per month

Mortgage amount $440,000 · 4.49% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,527Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$233
Condo / maintenance fees
$861
Heating
$0
Estimated monthly cost
$3,527

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

One-time closing costs

Ontario land transfer tax
$7,475
Estimated closing costs
$7,475

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/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

$289,851Total interest paid
$729,851Total of all payments
Principal $440,000 Interest $289,851
YearPrincipalInterestBalance
1$9,819$19,375$430,181
2$10,265$18,929$419,916
3$10,731$18,463$409,186
4$11,218$17,976$397,967
5$11,727$17,467$386,240
6$12,260$16,934$373,980
7$12,816$16,378$361,164
8$13,398$15,796$347,765
9$14,007$15,187$333,759
10$14,643$14,551$319,116
11$15,308$13,886$303,808
12$16,003$13,191$287,806
13$16,729$12,465$271,077
14$17,489$11,705$253,588
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,212
18$20,888$8,306$175,324
19$21,836$7,358$153,487
20$22,828$6,366$130,660
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,240

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
3.4%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.

6.7%
Gross yield
− Property tax $2,796− Condo fees $10,328− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,851

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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