1212-277 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13726310

$538,000
For Sale
Listed 50 days agoNo offer date stated
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Eden Park II, located at Leslie and Hwy 7.
  • 277 South Park Rd unit 1212 is a high level, spacious 1+Den unit with an unobstructed South view from your walkout balcony.
  • Newly renovated with luxury vinyl plank flooring throughout, new light fixtures and freshly painted throughout for a modern look and feel.
  • A prime location nearby Markham and Richmond Hill, just a bus ride away from high ranking elementary, secondary and post-secondary schools, including Seneca...
  • Amenities include the gym, pool, multi-purpose room, library, and more.

Welcome to Eden Park II, located at Leslie and Hwy 7! 277 South Park Rd unit 1212 is a high level, spacious 1+Den unit with an unobstructed South view from your walkout balcony. Newly renovated with luxury vinyl plank flooring throughout, new light fixtures and freshly painted throughout for a modern look and feel. The kitchen is fully equipped along with a multifunctional breakfast bar. The additional media area/den is a functional extra area, ideal for home offices. A prime location nearby Markham and Richmond Hill, just a bus ride away from high ranking elementary, secondary and post-secondary schools, including Seneca Polytechnic Markham Campus and York University Markham Campus, along with a variety of restaurants and shops along Hwy 7. Stay connected with bus stops along Hwy 7, or take a short drive to get to Highways 407 and 404. Amenities include the gym, pool, multi-purpose room, library, and more! Condo maintenance fee is comparatively lower than the surrounding condos.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13726310
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Leslie/Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$518/mo
Exposure
South
Property tax
$2,283 / 2026
Days on market
50
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

Primary BedroomFlat3.35 × 2.95 m

vinyl floor · large closet · large window

Dining RoomFlat6.25 × 3.15 m

vinyl floor · combined w/living · large window

Media RoomFlat3.02 × 1.58 m

vinyl floor · b/i closet

KitchenFlat3.12 × 2.74 m

vinyl floor · breakfast bar · granite counters

Living RoomFlat6.25 × 3.15 m

vinyl floor · 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

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
$2,452/mo
$113KIncome needed
4.8×Price ÷ income
$566Weekly cost
$7,235Land 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 $2,452Property tax $190Condo fee $518Total carry $3,160

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)
$2,380per month

Mortgage amount $430,400 · 4.49% over 25 years

$107,600Down payment (20.0%)
$430,400Loan before insurance
$0CMHC premium
$3,088Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,380
Property tax
$190
Condo / maintenance fees
$518
Heating
$0
Estimated monthly cost
$3,088

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

One-time closing costs

Ontario land transfer tax
$7,235
Estimated closing costs
$7,235

Plus your down payment of $107,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,880/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

$283,527Total interest paid
$713,927Total of all payments
Principal $430,400 Interest $283,527
YearPrincipalInterestBalance
1$9,605$18,952$420,795
2$10,041$18,516$410,755
3$10,497$18,060$400,258
4$10,973$17,584$389,285
5$11,472$17,086$377,813
6$11,992$16,565$365,821
7$12,537$16,020$353,284
8$13,106$15,451$340,178
9$13,701$14,856$326,477
10$14,323$14,234$312,153
11$14,974$13,584$297,180
12$15,653$12,904$281,526
13$16,364$12,193$265,162
14$17,107$11,450$248,055
15$17,884$10,673$230,171
16$18,696$9,861$211,475
17$19,545$9,012$191,931
18$20,432$8,125$171,498
19$21,360$7,197$150,139
20$22,330$6,227$127,809
21$23,344$5,214$104,465
22$24,403$4,154$80,062
23$25,511$3,046$54,550
24$26,670$1,887$27,881
25$27,881$676$0

At the end of your 5-year term

Total paid over the term
$142,785
Principal paid down
$52,587
Interest paid
$90,198
Balance remaining
$377,813

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$2,050/mo
$24,600Gross annual rent
2.4%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.

4.6%
Gross yield
− Property tax $2,283− Condo fees $6,217− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,795

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LANDPOWER REAL ESTATE LTD.. MLS®/PropTx.

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