318-28 Prince Regent Street, Markham, ON

Cathedraltown, Markham · MLS® N13733746

$468,000
For Sale
Listed 48 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Garden Court by Monarch in Upscale Cathedral town.
  • Rare & Beautiful 2 Bedrooms + Study with Courtyard Fountain view.
  • 760 Sq Ft, Open concept, Upgraded 9 Ft Smooth Ceiling Throughout & Engineered Hardwood Floors Throughout.
  • Upgraded Energy Saving Tankless Water Heater (Jan 2025 R), Google Nest Thermostat for Remotely Control of the Heating & Cooling System.
  • 24 hours Concierge, Security System, Party Room & Car Wash.

Garden Court by Monarch in Upscale Cathedral town. Rare & Beautiful 2 Bedrooms + Study with Courtyard Fountain view. 760 Sq Ft, Open concept, Upgraded 9 Ft Smooth Ceiling Throughout & Engineered Hardwood Floors Throughout. Upgraded Easy Clean Kitchen Cabinets, Caesar stone Countertop with Undermount Sinks. Upgraded Bathroom Vanity Height. Floor to Ceiling Windows. Upgraded Energy Saving Tankless Water Heater (Jan 2025 R), Google Nest Thermostat for Remotely Control of the Heating & Cooling System. Premium EV Parking Spot, Equipped Electrical Outlet for EV Charger Installation. Park your Tesla, BYD, or any EV here. Access to 2 Elevators. 24 hours Concierge, Security System, Party Room & Car Wash. Quiet Neighborhood. Minutes to Cdn Tire, Freshco, Costco, T&T supermarket & many Restaurants nearby. Quick Access to Hwy 404 & 407. Top Ranked Schools Area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13733746
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Woodbine/Major Mackenzie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$735/mo
Exposure
West
Property tax
$2,304 / 2026
Days on market
48
Listing brokerage
LANDPOWER REAL ESTATE LTD.

Rooms

StudyFlat1.77 × 1.77 m

combined w/primary · hardwood floor · window

Primary BedroomFlat3.26 × 3.05 m

hardwood floor · walk-in closet(s)

BedroomFlat2.83 × 2.80 m

closet · hardwood floor · sliding doors

KitchenFlat5.21 × 4.02 m

combined w/dining · hardwood floor · west view

Dining RoomFlat5.21 × 4.02 m

combined w/living · hardwood floor · window floor to ceiling

Living RoomFlat5.21 × 4.02 m

combined w/dining · hardwood floor · north view

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
$618kavg 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 $746/sqft; this home lists at $624/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
468kThis home475k619k679k699kThis 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
$541K
Aileen-Willowbrook
$674K
Royal Orchard
$1.64M
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
$2,133/mo
$105KIncome needed
4.5×Price ÷ income
$492Weekly cost
$5,835Land 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 $2,133Property tax $192Condo fee $735Total carry $3,060

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)
$2,070per month

Mortgage amount $374,400 · 4.49% over 25 years

$93,600Down payment (20.0%)
$374,400Loan before insurance
$0CMHC premium
$2,997Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,070
Property tax
$192
Condo / maintenance fees
$735
Heating
$0
Estimated monthly cost
$2,997

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

One-time closing costs

Ontario land transfer tax
$5,835
Estimated closing costs
$5,835

Plus your down payment of $93,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,506/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

$246,637Total interest paid
$621,037Total of all payments
Principal $374,400 Interest $246,637
YearPrincipalInterestBalance
1$8,355$16,486$366,045
2$8,734$16,107$357,311
3$9,131$15,711$348,180
4$9,546$15,296$338,634
5$9,979$14,863$328,655
6$10,432$14,409$318,223
7$10,906$13,936$307,318
8$11,401$13,441$295,917
9$11,918$12,923$283,998
10$12,460$12,382$271,539
11$13,025$11,816$258,513
12$13,617$11,225$244,897
13$14,235$10,606$230,662
14$14,881$9,960$215,780
15$15,557$9,284$200,223
16$16,263$8,578$183,960
17$17,002$7,840$166,958
18$17,774$7,068$149,185
19$18,581$6,261$130,604
20$19,424$5,417$111,179
21$20,306$4,535$90,873
22$21,228$3,613$69,645
23$22,192$2,649$47,453
24$23,200$1,642$24,253
25$24,253$588$0

At the end of your 5-year term

Total paid over the term
$124,207
Principal paid down
$45,745
Interest paid
$78,463
Balance remaining
$328,655

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$2,400/mo
$28,800Gross annual rent
3.0%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.

6.2%
Gross yield
− Property tax $2,304− Condo fees $8,820− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,908

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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