1003-325 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13737196

$718,000
For Sale
Listed 47 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Don't miss out on this Bright & Spacious Corner Unit in the Heart of Markham.
  • With its desirable North and east exposure, 9-ft ceilings, and abundance of natural light, this home offers a bright and inviting living environment.
  • The thoughtfully designed open-concept layout features wide-plank laminate flooring and generous living and dining areas, making the space ideal for both entertaining...
  • The spacious primary bedroom offers an walk-in closet, a 3-piece ensuite with a floor-to-ceiling glass shower and granite countertop, plus a large sliding door...
  • Residents can enjoy exceptional building amenities, including a state-of-the-art fitness centre, indoor swimming pool, sauna, party room, and more.

Don't miss out on this Bright & Spacious Corner Unit in the Heart of Markham.Welcome to this stunning 2-bedroom, 2-bathroom corner unit at Eden Park, offering approximately 939 sq. ft. of interior living space plus 104 sq. ft. of balcony space, across two private balconies. With its desirable North and east exposure, 9-ft ceilings, and abundance of natural light, this home offers a bright and inviting living environment. The thoughtfully designed open-concept layout features wide-plank laminate flooring and generous living and dining areas, making the space ideal for both entertaining and everyday living.The modern kitchen is equipped with a spacious centre island, quartz countertops, built-in stainless-steel appliances, soft-close cabinetry, and ample storage. The spacious primary bedroom offers an walk-in closet, a 3-piece ensuite with a floor-to-ceiling glass shower and granite countertop, plus a large sliding door leading to your own private balcony. The second bedroom features a large window, double closet, and a pleasant southeast-facing view. Residents can enjoy exceptional building amenities, including a state-of-the-art fitness centre, indoor swimming pool, sauna, party room, and more. Perfectly situated near Hwy 404, Hwy 407, and Hwy 7, with convenient access to public transit, shopping, dining, entertainment, parks, and walking trails. Times Square, First Markham Place, Markville Mall, top-rated schools, and Langstaff GO Station are all just minutes away.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13737196
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Hwy 7/Leslie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$724/mo
Exposure
East
Property tax
$3,005 / 2026
Days on market
47
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Dining RoomMain5.83 × 4.30 m

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

Primary BedroomMain3.06 × 3.42 m

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

Living RoomMain5.83 × 4.30 m

combined w/dining · open concept · picture window

Bedroom 2Main4.00 × 2.82 m

double closet · picture window · se view

KitchenMain3.02 × 2.95 m

centre island · quartz counter · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$702Klikely sale price

Listed at $718,000. Going by how homes in Commerce Valley and the wider GTA have actually closed against their asking prices (about 98%, 26 local closings in 90 days), the likely sale price is near $702K, if it sells. A realistic range is $662K to $760K.

Independent value check: $663K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $616K and $696K).

Why $663K. The typical condo sold in Commerce Valley over the past year went for about $570K (116 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,005 a year; the typical home sold here pays about $2,200.
  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 650 to 749.
  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$662KBelow recent closings$760KAbove recent closings

Total price vs nearby homes. Likely closing about $702K, from 26 recent closings in this pocket.

The market behind the math:

26sold nearby · 90 days
$562Kmedian sold price
98%of asking, on average
−10%prices vs a year ago
~25 dayshomes like this take to sell
47days on market so far
$3,203/moest. rent · 8 leases
5.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.3 months of inventory: 20 condo apartment homes for sale in the area against 26 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 $653/sqft against an area asking average of $675/sqft.

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 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $629K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($653/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 homes sold in this building over the past two years, from 223 closings in Commerce Valley.

What sellers nearby are askingCurrently listed nearby in Commerce Valley · asking prices
$686kavg 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 $705/sqft; this home lists at $653/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
718kThis home709k728k699k678k618kThis home vs active comparables

Sold price trend

Median sold price for condos in Commerce Valley: $524K in September 2026, down 15% from a year ago, on 110 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$569K14
November 2025$638K9
December 2025$628K7
January 2026$598K7
February 2026$566K10
March 2026$662K6
April 2026$553K12
May 2026$650K9
June 2026$530K10
July 2026$454K10
August 2026$547K10
September 2026$524K6

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
$3,272/mo
$149KIncome needed
4.8×Price ÷ income
$755Weekly cost
$10,835Land 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.

77%mortgage
Mortgage $3,272Property tax $250Condo fee $724Total carry $4,247

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)
$3,176per month

Mortgage amount $574,400 · 4.49% over 25 years

$143,600Down payment (20.0%)
$574,400Loan before insurance
$0CMHC premium
$4,150Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,176
Property tax
$250
Condo / maintenance fees
$724
Heating
$0
Estimated monthly cost
$4,150

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

One-time closing costs

Ontario land transfer tax
$10,835
Estimated closing costs
$10,835

Plus your down payment of $143,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,844/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

$378,387Total interest paid
$952,787Total of all payments
Principal $574,400 Interest $378,387
YearPrincipalInterestBalance
1$12,818$25,293$561,582
2$13,400$24,711$548,182
3$14,009$24,103$534,173
4$14,645$23,467$519,528
5$15,310$22,802$504,219
6$16,005$22,107$488,214
7$16,731$21,380$471,483
8$17,491$20,620$453,992
9$18,285$19,826$435,707
10$19,115$18,996$416,591
11$19,983$18,128$396,608
12$20,891$17,221$375,717
13$21,839$16,272$353,878
14$22,831$15,281$331,048
15$23,867$14,244$307,180
16$24,951$13,160$282,229
17$26,084$12,028$256,145
18$27,268$10,843$228,877
19$28,506$9,605$200,371
20$29,801$8,311$170,570
21$31,154$6,958$139,417
22$32,568$5,543$106,848
23$34,047$4,065$72,802
24$35,593$2,519$37,209
25$37,209$903$0

At the end of your 5-year term

Total paid over the term
$190,557
Principal paid down
$70,181
Interest paid
$120,376
Balance remaining
$504,219

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 8 whole-home leases in Commerce Valley$3,203/mo
$38,436Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,947 to $3,459Typical rent range
~26 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 8 whole-home leases in Commerce Valley signed at a median of $2,311 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,203. 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.

5.4%
Gross yield
− Property tax $3,005− Condo fees $8,688− Insurance $600− Vacancy & upkeep $4,228Net operating income $21,915

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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