318-9560 Markham Road, Markham, ON
Wismer, Markham · MLS® N13776082
About this home
In short
- Welcome to this beautifully maintained, original-owner residence offering an ideal blend of comfort, convenience and family-friendly living.
- 2 Bedroom 2 Bathroom with desirable south and west exposures and expansive floor-to-ceiling windows, the home enjoys abundant natural light from morning through sunset.
- A rare highlight is the inclusion of TWO side-by-side underground parking spaces (#36 and #37)-perfect for a two-car household or offering potential additional rental...
Welcome to this beautifully maintained, original-owner residence offering an ideal blend of comfort, convenience and family-friendly living. 2 Bedroom 2 Bathroom with desirable south and west exposures and expansive floor-to-ceiling windows, the home enjoys abundant natural light from morning through sunset. Quietly positioned away from the main road, it provides a peaceful retreat from the city. A rare highlight is the inclusion of TWO side-by-side underground parking spaces (#36 and #37)-perfect for a two-car household or offering potential additional rental income where permitted. The thoughtfully upgraded interior features granite countertops in the kitchen, along with a stylish kitchen backsplash. Located within the highly ranked Wismer Public School area and approximately a five-minute walk from the GO Train station, this is an exceptional choice for commuters travelling downtown. Everyday essentials are conveniently close by, including convenience stores, Shoppers Drug Mart, Home Depot and a walk-in clinic. Residents can also enjoy excellent building amenities, including a fitness centre, party room, Billiards room. Bright, quiet, meticulously cared for and exceptionally connected-this is the ideal place to call home.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13776082
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800-899 sq ft
- Cross streets
- Markham Rd/Bur Oak Ave
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $835/mo
- Exposure
- South West
- Property tax
- $2,456 / 2026
- Days on market
- 9
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · open concept
w/o to balcony · closet · window floor to ceiling
window floor to ceiling · laminate · open concept
closet · w/o to balcony · large window
Listed at $619,999. 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 $611K, if it sells. A realistic range is $575K to $661K.
Independent value check: $548K. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $510K and $576K).
Why $548K. 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 itIt is 800 to 899 sq ft; the typical home sold here is 600 to 699.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $611K, from 6 recent closings in this pocket.
The market behind the math:
About 6 months of inventory: 12 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.
Price per square foot: this home lists at $730/sqft against an area asking average of $685/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 $519K. Condition and finishes remain an in-person call.
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 3 homes sold in this building over the past two years, plus 2 nearby in Wismer, from 60 closings in Wismer.
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 $710/sqft; this home lists at $730/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Wismer, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Markham.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $495,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,715
- Property tax
- $205
- Condo / maintenance fees
- $835
- Heating
- $0
- Estimated monthly cost
- $3,755
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,875
- Estimated closing costs
- $8,875
Plus your down payment of $124,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $162,898
- Principal paid down
- $61,327
- Interest paid
- $101,572
- Balance remaining
- $434,673
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Wismer signed at a median of $2,198 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,810. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.