705-18 Uptown Drive, Markham, ON

Unionville, Markham · MLS® N13779284

$450,000
For Sale
Listed 6 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Experience luxury living in Uptown Markham at this beautiful condo by Times Group.
  • This rare and spacious 1 Bedroom + Den features a highly functional layout, laminate flooring throughout, and a generously sized bedroom with a great closet.
  • Perfectly located with quick access to Highways 407 and 404, and just steps to Whole Foods, banks, restaurants, shops, and the Cineplex Cinemas Markham and VIP with IMAX.
  • Nature and recreation are nearby with a beautiful 5-acre park and the Rouge River within walking distance.

Experience luxury living in Uptown Markham at this beautiful condo by Times Group. This rare and spacious 1 Bedroom + Den features a highly functional layout, laminate flooring throughout, and a generously sized bedroom with a great closet. Enjoy the bright, open living space and step out onto the large private balcony. Perfectly located with quick access to Highways 407 and 404, and just steps to Whole Foods, banks, restaurants, shops, and the Cineplex Cinemas Markham and VIP with IMAX. Nature and recreation are nearby with a beautiful 5-acre park and the Rouge River within walking distance. Transit is incredibly convenient with Viva, YRT, and GO Transit right at your doorstep. Includes parking and locker. A fantastic opportunity to live in one of Markham's most vibrant and convenient communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13779284
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Warden/ Hwy7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$508/mo
Exposure
North East
Property tax
$2,261 / 2025
Days on market
6
Listing brokerage
ONE PERCENT REALTY LTD.

Rooms

Dining RoomFlat5.79 × 3.05 m

combined w/living · laminate · open concept

DenFlat2.75 × 2.50 m

laminate · laminate · granite counters

Primary BedroomFlat3.65 × 3.05 m

large closet · laminate · granite counters

Living RoomFlat5.79 × 3.05 m

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

KitchenFlat3.10 × 2.70 m

stainless steel appl · laminate · granite counters

Our TakeTeam Asgarian · Broker
Below what recent sales support
$506Kautomated estimate, from recent sales

Listed at $450,000, which is about 11% below what comparable homes suggest.

The usual discount does not apply here. Homes listed this far under their comparable sales often close at or above the ask, so no closing range is shown.

List price
$450KBelow recent closings$532KAbove recent closings

Total price vs nearby homes. Fair value about $506K, 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
6days on market so far
$2,317/moest. rent · 7 leases
6.2%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 $693/sqft against an area asking average of $805/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 $493K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

On schools, this address is zoned for Markville 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 5 homes sold in this building over the past 20 months, 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
Middlefield
$549K
Wismer
$478K
Greensborough
$594K
Royal Orchard
$2.06M

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 Markville SS
94%
Markville SSPublic · Secondary · 9-12 · 3.8 km awayAmong the top in the GTA · 94% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published
St. AugustineEQAO results not published
Also nearby: 8 more schools within 2.5 km
Unionville High School · Public secondary0.8 km · 89% at standard
Bill Crothers Secondary School · Public secondary1.3 km · 88% at standard
Parkview Public School · Public elementary1.5 km · 84% at standard
Coledale Public School · Public elementary1.6 km · 78% at standard
William Berczy Public School · Public elementary1.7 km · 83% at standard
St Justin Martyr Catholic Elementary School · Catholic elementary1.8 km · 98% at standard
Unionville Public School · Public elementary2.2 km · 76% at standard
Buttonville Public School · Public elementary2.5 km · 86% at standard

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

Affordability & Mortgage

Affordability
$2,051/mo
$97KIncome needed
4.6×Price ÷ income
$473Weekly cost
$5,475Land 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.

75%mortgage
Mortgage $2,051Property tax $188Condo fee $508Total carry $2,747

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)
$1,971per month

Mortgage amount $360,000 · 4.39% over 25 years

$90,000Down payment (20.0%)
$360,000Loan before insurance
$0CMHC premium
$2,667Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,971
Property tax
$188
Condo / maintenance fees
$508
Heating
$0
Estimated monthly cost
$2,667

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

One-time closing costs

Ontario land transfer tax
$5,475
Estimated closing costs
$5,475

Plus your down payment of $90,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,387/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

$231,164Total interest paid
$591,164Total of all payments
Principal $360,000 Interest $231,164
YearPrincipalInterestBalance
1$8,146$15,500$351,854
2$8,508$15,139$343,346
3$8,886$14,761$334,460
4$9,280$14,367$325,180
5$9,692$13,955$315,489
6$10,122$13,525$305,367
7$10,571$13,075$294,796
8$11,040$12,606$283,755
9$11,530$12,116$272,225
10$12,042$11,605$260,183
11$12,576$11,070$247,607
12$13,135$10,512$234,472
13$13,718$9,929$220,755
14$14,326$9,320$206,429
15$14,962$8,684$191,466
16$15,626$8,020$175,840
17$16,320$7,327$159,521
18$17,044$6,603$142,477
19$17,800$5,846$124,676
20$18,590$5,056$106,086
21$19,416$4,231$86,670
22$20,277$3,369$66,393
23$21,177$2,469$45,216
24$22,117$1,530$23,099
25$23,099$548$0

At the end of your 5-year term

Total paid over the term
$118,233
Principal paid down
$44,511
Interest paid
$73,721
Balance remaining
$315,489

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 7 whole-home leases in Unionville$2,317/mo
$27,804Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,125 to $2,502Typical 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 7 whole-home leases in Unionville signed at a median of $2,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,317. 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.

6.2%
Gross yield
− Property tax $2,261− Condo fees $6,091− Insurance $600− Vacancy & upkeep $3,058Net operating income $15,794

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

CallRequest a showing