Rg12-28 Uptown Drive, Markham, ON

Unionville, Markham · MLS® N13720604

$498,000
For Sale
Listed 23 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this bright and spacious 1+Den suite in the heart of Downtown Markham at River Walk Condos.
  • Approximately 674 SF, this well-designed unit features a functional 1-bedroom + den layout, with the versatile den ideal for a home office, study or additional...
  • Enjoy 9-foot ceilings and unobstructed views that fill the suite with natural light.
  • Easy access to Hwy 407 and 404.

Welcome to this bright and spacious 1+Den suite in the heart of Downtown Markham at River Walk Condos. Approximately 674 SF, this well-designed unit features a functional 1-bedroom + den layout, with the versatile den ideal for a home office, study or additional sleeping area. Enjoy 9-foot ceilings and unobstructed views that fill the suite with natural light. Ideally situated in the highly sought-after Unionville community, offering access to top-rated Unionville schools and all the conveniences of Downtown Markham. Steps to Cineplex, supermarkets, restaurants, cafes and everyday amenities, and minutes to First Markham Place, Markham Civic Centre, GO Station, VIVA and YRT. Easy access to Hwy 407 and 404.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13720604
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Hwy7/Birchmount
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$563/mo
Exposure
North
Property tax
$2,456 / 2026
Days on market
23
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

KitchenGround2.34 × 2.16 m

laminate · combined w/dining

DenGround2.74 × 3.05 m

laminate · open concept

Living RoomGround3.35 × 3.05 m

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

Primary BedroomGround3.96 × 3.05 m

laminate · closet

Dining RoomGround3.35 × 3.05 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$498Klikely closing

Listed at $498,000 with no offer date. Homes here have been closing close to ask, so my read is $498K, typically $477K to $495K. Comparable closings on their own put this home around $506K, which supports the ask, so this is a firm read.

List price
$477KBelow recent closings$498KAbove recent closings

Total price vs nearby homes. Likely closing about $498K, from 63 recent closings in this pocket.

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
23days on market so far
$2,300/moest. rent · 5 leases
5.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 59 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 $767/sqft against an area asking average of $804/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 63 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $520K. Condition and finishes remain an in-person call.

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.

Based on 63 comparable homes that sold in Unionville over the past two years, from 503 closings there.

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 · 3.7 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: 8 more schools within 2.5 km
Unionville High School · Public secondary0.8 km · 89% at standard
Bill Crothers Secondary School · Public secondary1.3 km · 88% at standard
Parkview Public School · Public elementary1.5 km · 84% at standard
Coledale Public School · Public elementary1.6 km · 78% at standard
William Berczy Public School · Public elementary1.6 km · 83% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.8 km · 98% at standard
Unionville Public School · Public elementary2.2 km · 76% at standard
Buttonville Public School · Public elementary2.5 km · 86% at standard

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

Affordability & Mortgage

Affordability
$2,270/mo
$107KIncome needed
4.6×Price ÷ income
$524Weekly cost
$6,435Land 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.

75%mortgage
Mortgage $2,270Property tax $205Condo fee $563Total carry $3,038

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)
$2,181per month

Mortgage amount $398,400 · 4.39% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,948Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,181
Property tax
$205
Condo / maintenance fees
$563
Heating
$0
Estimated monthly cost
$2,948

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

One-time closing costs

Ontario land transfer tax
$6,435
Estimated closing costs
$6,435

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,642/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

$255,822Total interest paid
$654,222Total of all payments
Principal $398,400 Interest $255,822
YearPrincipalInterestBalance
1$9,015$17,154$389,385
2$9,415$16,753$379,969
3$9,833$16,336$370,136
4$10,270$15,899$359,866
5$10,725$15,443$349,141
6$11,202$14,967$337,939
7$11,699$14,470$326,241
8$12,218$13,951$314,023
9$12,760$13,409$301,263
10$13,326$12,842$287,936
11$13,918$12,251$274,018
12$14,536$11,633$259,483
13$15,181$10,988$244,302
14$15,854$10,314$228,448
15$16,558$9,611$211,889
16$17,293$8,876$194,597
17$18,060$8,108$176,536
18$18,862$7,307$157,674
19$19,699$6,470$137,975
20$20,573$5,595$117,401
21$21,487$4,682$95,915
22$22,440$3,729$73,475
23$23,436$2,733$50,039
24$24,476$1,693$25,563
25$25,563$606$0

At the end of your 5-year term

Total paid over the term
$130,844
Principal paid down
$49,259
Interest paid
$81,585
Balance remaining
$349,141

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$2,300/mo
$27,600Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,024 to $2,576Typical 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 $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,300. 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.

5.5%
Gross yield
− Property tax $2,456− Condo fees $6,759− Insurance $600− Vacancy & upkeep $3,036Net operating income $14,749

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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