1103-9560 Markham Road, Markham, ON

Wismer, Markham · MLS® N13777700

$408,000
For Sale
Listed 8 days agoNo offer date stated
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1+2Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome To "The Mark" In The Heart Of Markham.
  • The Open-Concept Kitchen Features Stainless Steel Appliances And Flows Seamlessly Into The Combined Living And Dining Area, Creating A Comfortable Space For Everyday...
  • The Spacious Primary Bedroom Features A Walk-In Closet With Excellent Storage.
  • The Separate Study Is Perfect For A Home Office, While The Additional Den Offers Flexible Space For A Reading Area, Work Space, Hobby Room ,Extra Storage or Addition...
  • Close To Shopping, Restaurants, Groceries, Parks, Schools And Everyday Amenities, With Easy Access To Hwy 7, Hwy 407 And Hwy 404.

Welcome To "The Mark" In The Heart Of Markham! This Bright And Spacious 648 Sq.Ft. One-Bedroom Suite With A Separate Study And Den Offers A Highly Functional And Versatile Layout Designed For Modern Living. The Open-Concept Kitchen Features Stainless Steel Appliances And Flows Seamlessly Into The Combined Living And Dining Area, Creating A Comfortable Space For Everyday Living And Entertaining. Step Out To The Private Balcony And Enjoy A Relaxing Outdoor Extension Of Your Living Space.The Spacious Primary Bedroom Features A Walk-In Closet With Excellent Storage. The Separate Study Is Perfect For A Home Office, While The Additional Den Offers Flexible Space For A Reading Area, Work Space, Hobby Room ,Extra Storage or Addition Bedroom. One Parking Space And One Locker Are Included.Enjoy The Exceptional Convenience Of This Prime Markham Location, Directly Across From Mount Joy GO Station For An Easy Commute. Close To Shopping, Restaurants, Groceries, Parks, Schools And Everyday Amenities, With Easy Access To Hwy 7, Hwy 407 And Hwy 404. Residents Of The Mark Enjoy A Great Selection Of Building Amenities, Including A Fitness Centre, Party/Games Room, Rooftop Terrace With BBQ And Lounge Areas, Guest Suites, Pet Wash Station And More.A Fantastic Opportunity For First-Time Buyers, Professionals, Downsizers Or Investors Looking For A Well-Designed Home In A Convenient And Vibrant Markham Community. Don't Miss This Spacious 648 Sq.Ft. 1-Bedroom + Study + Den Suite At The Mark!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13777700
Bedrooms
1+2 (3 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Markham Rd And Bur Oak Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$616/mo
Exposure
West
Property tax
$2,044 / 2026
Days on market
8
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

BedroomFlat3.05 × 3.18 m

laminate · walk-in closet(s) · w/o to balcony

StudyFlat1.83 × 2.64 m

Laminate

Living RoomFlat3.28 × 6.65 m

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

DenFlat1.83 × 1.83 m

laminate · open concept

Dining RoomFlat3.28 × 6.65 m

laminate · combined w/living · open concept

KitchenFlat3.28 × 6.65 m

laminate · combined w/dining · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$402Klikely sale price

Listed at $408,000. 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 $402K, if it sells. A realistic range is $379K to $435K.

Independent value check: $431K. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $401K and $453K).

Why $431K. The typical condo sold in Wismer over the past year went for about $473K (33 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,044 a year; the typical home sold here pays about $2,200.
List price
$379KBelow recent closings$435KAbove recent closings

Total price vs nearby homes. Likely closing about $402K, 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
8days on market so far
$2,334/moest. rent · 16 leases
6.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6.5 months of inventory: 13 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 $628/sqft against an area asking average of $708/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 $467K. 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 13 homes sold in this building over the past two years, from 60 closings in Wismer.

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
Mount Joy Public School · Public elementary0.8 km · 88% at standard
St Brother André Catholic High School · Catholic secondary0.8 km · 82% at standard
Donald Cousens Public School · Public elementary1.1 km · 80% at standard
E T Crowle Public School · Public elementary1.1 km · 91% at standard
St Julia Billiart Catholic Elementary School · Catholic elementary1.2 km · 86% at standard
Sam Chapman Public School · Public elementary1.7 km · 88% at standard
St Kateri Tekakwitha Catholic Elementary School · Catholic elementary1.7 km · 79% at standard
Greensborough Public School · Public elementary1.8 km · 83% at standard
John McCrae Public School · Public elementary1.8 km · 90% at standard
Fred Varley Public School · Public elementary1.8 km · 76% at standard
St Joseph Catholic Elementary School · Catholic elementary2.0 km · 86% at standard
Franklin Street Public School · Public elementary2.1 km · 86% at standard

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

Affordability & Mortgage

Affordability
$1,860/mo
$91KIncome needed
4.5×Price ÷ income
$429Weekly cost
$4,635Land 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.

70%mortgage
Mortgage $1,860Property tax $170Condo fee $616Total carry $2,646

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)
$1,787per month

Mortgage amount $326,400 · 4.39% over 25 years

$81,600Down payment (20.0%)
$326,400Loan before insurance
$0CMHC premium
$2,573Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,787
Property tax
$170
Condo / maintenance fees
$616
Heating
$0
Estimated monthly cost
$2,573

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

One-time closing costs

Ontario land transfer tax
$4,635
Estimated closing costs
$4,635

Plus your down payment of $81,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,165/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

$209,589Total interest paid
$535,989Total of all payments
Principal $326,400 Interest $209,589
YearPrincipalInterestBalance
1$7,386$14,054$319,014
2$7,714$13,726$311,300
3$8,056$13,383$303,244
4$8,414$13,026$294,830
5$8,787$12,652$286,043
6$9,177$12,262$276,866
7$9,584$11,855$267,281
8$10,010$11,430$257,272
9$10,454$10,985$246,818
10$10,918$10,522$235,900
11$11,403$10,037$224,497
12$11,909$9,531$212,588
13$12,437$9,002$200,151
14$12,989$8,450$187,162
15$13,566$7,874$173,596
16$14,168$7,272$159,428
17$14,797$6,643$144,632
18$15,453$5,986$129,179
19$16,139$5,300$113,040
20$16,855$4,584$96,184
21$17,603$3,836$78,581
22$18,385$3,055$60,196
23$19,201$2,239$40,996
24$20,053$1,387$20,943
25$20,943$497$0

At the end of your 5-year term

Total paid over the term
$107,198
Principal paid down
$40,357
Interest paid
$66,841
Balance remaining
$286,043

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 16 whole-home leases in Wismer$2,334/mo
$28,008Gross annual rent
3.7%Cap rate after taxes and upkeep
$2,217 to $2,451Typical 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 16 whole-home leases in Wismer signed at a median of $2,252 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,334. 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.

6.9%
Gross yield
− Property tax $2,044− Condo fees $7,389− Insurance $600− Vacancy & upkeep $3,081Net operating income $14,894

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

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