520-9500 Markham Road, Markham, ON

Wismer, Markham · MLS® N13747778

$485,000
For Sale
Listed 16 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Upper Village Gem 1+Den Condo by Green park.
  • Enjoy 24-hr concierge, great amenities, and a top location just steps to Mount Joy GO, shops, parks, transit & top-rated schools.

Upper Village Gem 1+Den Condo by Green park! Fantastic layout with unobstructed east views of a quiet green neighborhood. Features new light fixtures, laminate flooring, and a versatile den. Enjoy 24-hr concierge, great amenities, and a top location just steps to Mount Joy GO, shops, parks, transit & top-rated schools.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13747778
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Markham Rd & 16th Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$523/mo
Exposure
East
Property tax
$2,273 / 2025
Days on market
16
Listing brokerage
Century 21 New Concept Simple Realty

Rooms

Living RoomFlat4.75 × 3.22 m

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

Primary BedroomFlat3.22 × 3.05 m

laminate · double closet · window

KitchenFlat3.83 × 3.05 m

open concept · granite counters · stainless steel appl

Dining RoomFlat4.75 × 3.22 m

laminate · combined w/living · open concept

DenFlat2.44 × 2.44 m

Laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$478Klikely sale price

Listed at $485,000. Going by how homes in Wismer and the wider GTA have actually closed against their asking prices (about 99%, 6 local closings in 90 days), the likely sale price is near $478K, if it sells. A realistic range is $450K to $517K.

Independent value check: $467K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $434K and $491K).

Why $467K. The typical condo sold in Wismer over the past year went for about $473K (33 sales). What sets this one apart:

  • ▲ Raises it slightlyIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$450KBelow recent closings$517KAbove recent closings

Total price vs nearby homes. Likely closing about $478K, from 6 recent closings in this pocket.

The market behind the math:

6sold nearby · 90 days
$463Kmedian sold price
103%of asking, on average
−19%prices vs a year ago
~24 dayshomes like this take to sell
16days on market so far
$2,416/moest. rent · 169 leases
6.0%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 7 months of inventory: 14 condo apartment homes for sale in the area against 6 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 $647/sqft against an area asking average of $709/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $460K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bur Oak 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 4 homes sold in this building over the past two years, plus 1 nearby in Wismer, from 60 closings in Wismer.

What sellers nearby are askingCurrently listed nearby in Wismer · asking prices
$458kavg 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 $680/sqft; this home lists at $647/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
485kThis home500k499k435k399kThis home vs active comparables

Neighbourhood & location

Wismer, 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.

Greensborough
$594K
Cornell
$600K
Middlefield
$549K
Unionville
$617K
Commerce Valley
$700K

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 Wismer PS
85%
Wismer PSPublic · Elementary · JK-8 · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard
St. Brother AndreEQAO results not published
Also nearby: 12 more schools within 2.5 km
St Brother André Catholic High School · Catholic secondary0.7 km · 82% at standard
Mount Joy Public School · Public elementary0.9 km · 88% at standard
E T Crowle Public School · Public elementary1.0 km · 91% at standard
St Julia Billiart Catholic Elementary School · Catholic elementary1.2 km · 86% at standard
Donald Cousens Public School · Public elementary1.2 km · 80% at standard
St Kateri Tekakwitha Catholic Elementary School · Catholic elementary1.6 km · 79% at standard
Fred Varley Public School · Public elementary1.7 km · 76% at standard
Greensborough Public School · Public elementary1.8 km · 83% at standard
St Joseph Catholic Elementary School · Catholic elementary1.8 km · 86% at standard
Sam Chapman Public School · Public elementary1.8 km · 88% at standard
John McCrae Public School · Public elementary1.8 km · 90% at standard
Franklin Street Public School · Public elementary1.9 km · 86% at standard

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

Affordability & Mortgage

Affordability
$2,210/mo
$104KIncome needed
4.7×Price ÷ income
$510Weekly cost
$6,175Land 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.

76%mortgage
Mortgage $2,210Property tax $189Condo fee $523Total carry $2,923

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,124per month

Mortgage amount $388,000 · 4.39% over 25 years

$97,000Down payment (20.0%)
$388,000Loan before insurance
$0CMHC premium
$2,836Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,124
Property tax
$189
Condo / maintenance fees
$523
Heating
$0
Estimated monthly cost
$2,836

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

One-time closing costs

Ontario land transfer tax
$6,175
Estimated closing costs
$6,175

Plus your down payment of $97,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,573/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

$249,144Total interest paid
$637,144Total of all payments
Principal $388,000 Interest $249,144
YearPrincipalInterestBalance
1$8,780$16,706$379,220
2$9,170$16,316$370,050
3$9,577$15,909$360,474
4$10,002$15,484$350,472
5$10,446$15,040$340,027
6$10,909$14,577$329,118
7$11,393$14,092$317,724
8$11,899$13,587$305,825
9$12,427$13,059$293,398
10$12,979$12,507$280,420
11$13,555$11,931$266,865
12$14,156$11,330$252,709
13$14,784$10,701$237,925
14$15,441$10,045$222,484
15$16,126$9,360$206,358
16$16,842$8,644$189,517
17$17,589$7,897$171,928
18$18,370$7,116$153,558
19$19,185$6,301$134,373
20$20,036$5,449$114,337
21$20,926$4,560$93,411
22$21,854$3,631$71,557
23$22,824$2,661$48,732
24$23,837$1,648$24,895
25$24,895$591$0

At the end of your 5-year term

Total paid over the term
$127,429
Principal paid down
$47,973
Interest paid
$79,455
Balance remaining
$340,027

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 169 whole-home leases in Wismer$2,416/mo
$28,992Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,295 to $2,537Typical 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 169 whole-home leases in Wismer signed at a median of $2,303 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,416. 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.

6.0%
Gross yield
− Property tax $2,273− Condo fees $6,274− Insurance $600− Vacancy & upkeep $3,189Net operating income $16,656

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 New Concept Simple Realty. MLS®/PropTx.

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