311-9506 Markham Road, Markham, ON

Wismer, Markham · MLS® N13764716

$479,900
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Enjoy Luxury living at Upper Village 2 by Greenpark.
  • Make this bright & airy 2-Bedroom, 2-Bathroom unit featuring a functional open concept layout & picturesque park view your own.
  • Premium finishes include 9ft ceilings, granite counters, sleek tall cabinetry & stainless steel appliances.
  • The building boasts Resort-Style amenities: 24/7 concierge, gym, sauna, yoga room, guest suites & rooftop terrace.
  • Unbeatable location steps to Mount Joy GO, Markham Museum, Dining & Shops.

Enjoy Luxury living at Upper Village 2 by Greenpark! Make this bright & airy 2-Bedroom, 2-Bathroom unit featuring a functional open concept layout & picturesque park view your own. Premium finishes include 9ft ceilings, granite counters, sleek tall cabinetry & stainless steel appliances. The building boasts Resort-Style amenities: 24/7 concierge, gym, sauna, yoga room, guest suites & rooftop terrace. Unbeatable location steps to Mount Joy GO, Markham Museum, Dining & Shops. Minutes drive to Top Schools, Markville Mall & Hwy 7/407. Perfect for end-users or investors! Welcome to your new home and new beginnings!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13764716
Bedrooms
2
Bathrooms
2
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
Brick, Concrete
Maintenance
$630/mo
Exposure
West
Property tax
$2,675 / 2026
Days on market
11
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain3.18 × 3.49 m

laminate · w/o to balcony · open concept

BedroomMain3.28 × 3.00 m

laminate · ensuite bath · large closet

KitchenMain3.18 × 3.05 m

laminate · granite counters · backsplash

LaundryMain0.00 × 0.00 m

Tile Floor

Bedroom 2Main2.90 × 2.40 m

laminate · large closet

FoyerMain0.00 × 0.00 m

Laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$473Klikely sale price

Listed at $479,900. 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 $473K, if it sells. A realistic range is $445K to $511K.

Independent value check: $561K. Without looking at the asking price, our model values the home itself about 17% above the ask (homes like it typically land between $522K and $590K).

Why $561K. The typical condo sold in Wismer over the past year went for about $473K (33 sales). What sets this one apart:

  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,675 a year; the typical home sold here pays about $2,200.
  • ▲ Raises itIt is 700 to 799 sq ft; the typical home sold here is 600 to 699.
List price
$445KBelow recent closings$511KAbove recent closings

Total price vs nearby homes. Likely closing about $473K, 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
11days on market so far
$2,582/moest. rent · 5 leases
6.5%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 $640/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 $526K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. 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 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 6 comparable homes that sold in Wismer over the past two years, from 60 closings there.

What sellers nearby are askingCurrently listed nearby in Wismer · asking prices
$553kavg 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 $712/sqft; this home lists at $640/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
480kThis home605k580k620k408kThis 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 elementary0.8 km · 88% at standard
E T Crowle Public School · Public elementary1.0 km · 91% at standard
Donald Cousens Public School · Public elementary1.2 km · 80% at standard
St Julia Billiart Catholic Elementary School · Catholic elementary1.2 km · 86% at standard
St Kateri Tekakwitha Catholic Elementary School · Catholic elementary1.7 km · 79% at standard
Sam Chapman Public School · Public elementary1.7 km · 88% at standard
Fred Varley Public School · Public elementary1.8 km · 76% at standard
Greensborough Public School · Public elementary1.8 km · 83% at standard
John McCrae Public School · Public elementary1.8 km · 90% at standard
St Joseph Catholic Elementary School · Catholic elementary1.9 km · 86% at standard
Franklin Street Public School · Public elementary2.0 km · 86% at standard

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

Affordability & Mortgage

Affordability
$2,187/mo
$106KIncome needed
4.5×Price ÷ income
$505Weekly cost
$6,073Land 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.

72%mortgage
Mortgage $2,187Property tax $223Condo fee $630Total carry $3,041

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)
$2,101per month

Mortgage amount $383,920 · 4.39% over 25 years

$95,980Down payment (20.0%)
$383,920Loan before insurance
$0CMHC premium
$2,954Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$223
Condo / maintenance fees
$630
Heating
$0
Estimated monthly cost
$2,954

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

One-time closing costs

Ontario land transfer tax
$6,073
Estimated closing costs
$6,073

Plus your down payment of $95,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,546/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

$246,524Total interest paid
$630,444Total of all payments
Principal $383,920 Interest $246,524
YearPrincipalInterestBalance
1$8,688$16,530$375,232
2$9,073$16,145$366,159
3$9,476$15,742$356,683
4$9,896$15,321$346,787
5$10,336$14,882$336,451
6$10,794$14,423$325,657
7$11,273$13,944$314,383
8$11,774$13,444$302,609
9$12,296$12,921$290,313
10$12,842$12,376$277,471
11$13,412$11,806$264,059
12$14,007$11,210$250,052
13$14,629$10,589$235,423
14$15,278$9,940$220,145
15$15,956$9,261$204,188
16$16,664$8,553$187,524
17$17,404$7,814$170,120
18$18,176$7,041$151,943
19$18,983$6,235$132,960
20$19,826$5,392$113,134
21$20,706$4,512$92,429
22$21,625$3,593$70,804
23$22,584$2,633$48,220
24$23,587$1,631$24,633
25$24,633$584$0

At the end of your 5-year term

Total paid over the term
$126,089
Principal paid down
$47,469
Interest paid
$78,620
Balance remaining
$336,451

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 5 whole-home leases in Wismer$2,582/mo
$30,984Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,272 to $2,892Typical 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 5 whole-home leases in Wismer signed at a median of $2,348 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,582. 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.

6.5%
Gross yield
− Property tax $2,675− Condo fees $7,566− Insurance $600− Vacancy & upkeep $3,408Net operating income $16,735

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

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