612-32 Clegg Road, Markham, ON

Unionville, Markham · MLS® N13750598

$529,000
For Sale
Listed 13 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this stunning north-facing penthouse unit in the heart of Markham.
  • Offering nearly 700 sq. ft. of bright and functional living space with 9-foot ceilings, this beautifully maintained 1 Bedroom + Den suite is freshly painted and...
  • Features include hardwood floors, a modern kitchen with stainless steel appliances and granite countertops, and a renovated bathroom with a frameless glass shower.
  • The spacious primary bedroom offers a walk-in closet and direct access to a private balcony.
  • Steps to VIVA transit and minutes to shopping, restaurants, schools, Unionville GO, Markham Civic Centre, Hwy 7 & 407.

Welcome to this stunning north-facing penthouse unit in the heart of Markham! Offering nearly 700 sq. ft. of bright and functional living space with 9-foot ceilings, this beautifully maintained 1 Bedroom + Den suite is freshly painted and move-in ready. Features include hardwood floors, a modern kitchen with stainless steel appliances and granite countertops, and a renovated bathroom with a frameless glass shower. The versatile den features a stylish sliding barn door-perfect for a home office or guest space. The spacious primary bedroom offers a walk-in closet and direct access to a private balcony. Includes 1 parking and 1 locker. Steps to VIVA transit and minutes to shopping, restaurants, schools, Unionville GO, Markham Civic Centre, Hwy 7 & 407. A rare penthouse opportunity in one of Markham's most convenient communities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13750598
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Warden/Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$655/mo
Exposure
North
Property tax
$2,111 / 2026
Days on market
13
Listing brokerage
UNION CAPITAL REALTY

Rooms

Primary BedroomFlat2.89 × 3.20 m

laminate · walk-in closet(s)

DenFlat2.28 × 2.52 m

laminate · separate room

KitchenFlat2.28 × 3.00 m

ceramic floor · open concept · breakfast bar

Living RoomFlat3.50 × 5.15 m

laminate · combined w/dining · north view

Dining RoomFlat3.50 × 5.15 m

laminate · combined w/living · open concept

Our TakeTeam Asgarian · Broker
Above what recent sales support
$464Kautomated estimate, from recent sales

Listed at $529,000. Recent sales of homes like it put this one around $464K, so the ask is about 14% above what similar homes have sold for.

If it sells at this ask, expect about $530K, typically $507K to $526K: that is where homes here have closed against their asks in the last 90 days (63 closings).

List price
$432KBelow recent closings$529KAbove recent closings

Total price vs nearby homes. Fair value about $464K, learned from recent GTA sales.

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
13days on market so far
$2,304/moest. rent · 12 leases
5.2%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 $814/sqft against an area asking average of $803/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $446K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • 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 Unionville HS, 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($814/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 4 homes sold in this building over the past 20 months, plus 1 nearby in Unionville, from 500 closings in Unionville.

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
Royal Orchard
$2.06M
Wismer
$478K
Thornhill
$518K
Greensborough
$594K

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 Unionville HS
89%
Unionville HSPublic · Secondary · 9-12 · 0.6 km awayHigher-rated than most nearby · 89% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published
Father Michael McgivneyEQAO results not published
Also nearby: 7 more schools within 2.5 km
Coledale Public School · Public elementary1.3 km · 78% at standard
St John XXIII Catholic Elementary School · Catholic elementary1.7 km · 71% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.7 km · 98% at standard
Buttonville Public School · Public elementary2.0 km · 86% at standard
William Berczy Public School · Public elementary2.2 km · 83% at standard
Bill Crothers Secondary School · Public secondary2.2 km · 88% at standard
Parkview Public School · Public elementary2.4 km · 84% at standard

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

Affordability & Mortgage

Affordability
$2,411/mo
$113KIncome needed
4.7×Price ÷ income
$556Weekly cost
$7,055Land 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.

74%mortgage
Mortgage $2,411Property tax $176Condo fee $655Total carry $3,242

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)
$2,316per month

Mortgage amount $423,200 · 4.39% over 25 years

$105,800Down payment (20.0%)
$423,200Loan before insurance
$0CMHC premium
$3,147Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,316
Property tax
$176
Condo / maintenance fees
$655
Heating
$0
Estimated monthly cost
$3,147

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

One-time closing costs

Ontario land transfer tax
$7,055
Estimated closing costs
$7,055

Plus your down payment of $105,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,807/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

$271,746Total interest paid
$694,946Total of all payments
Principal $423,200 Interest $271,746
YearPrincipalInterestBalance
1$9,576$18,221$413,624
2$10,002$17,796$403,622
3$10,445$17,352$393,177
4$10,909$16,889$382,268
5$11,393$16,405$370,874
6$11,899$15,899$358,976
7$12,427$15,371$346,549
8$12,978$14,819$333,570
9$13,554$14,243$320,016
10$14,156$13,642$305,860
11$14,784$13,014$291,076
12$15,440$12,357$275,635
13$16,126$11,672$259,510
14$16,841$10,956$242,668
15$17,589$10,209$225,079
16$18,369$9,428$206,710
17$19,185$8,613$187,525
18$20,036$7,762$167,489
19$20,925$6,872$146,564
20$21,854$5,944$124,710
21$22,824$4,974$101,886
22$23,837$3,961$78,049
23$24,895$2,903$53,154
24$26,000$1,798$27,154
25$27,154$644$0

At the end of your 5-year term

Total paid over the term
$138,989
Principal paid down
$52,326
Interest paid
$86,664
Balance remaining
$370,874

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 12 whole-home leases in Unionville$2,304/mo
$27,648Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,184 to $2,419Typical 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 12 whole-home leases in Unionville signed at a median of $2,540 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,304. 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.

5.2%
Gross yield
− Property tax $2,111− Condo fees $7,857− Insurance $600− Vacancy & upkeep $3,041Net operating income $14,039

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

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