217-18 Uptown Drive, Markham, ON

Unionville, Markham · MLS® N13781144

$499,000
For Sale
Listed 35 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • At 725 square feet, this is one of the largest one-bedroom units you'll find in Unionville and it's packed with rare condo features.
  • Being on the second floor means you can skip the elevator.
  • Plus, easy access to Hwy 404, Hwy 407, Viva, and more.

At 725 square feet, this is one of the largest one-bedroom units you'll find in Unionville and it's packed with rare condo features. The kitchen is its own separate room with high end finishes and a full pantry, not carved into the living space like most units. A corner unit with southeast exposure keeps the living area bright most of the day, and the primary bedroom has a real door and actually fits a bed frame and dresser. Not one, but two usable balconies; one for entertaining, one for quiet mornings. Being on the second floor means you can skip the elevator. Walk down the stairs, straight to your parking spot or to the many shops and restaurants in Downtown Markham and Uptown Market. Plus, easy access to Hwy 404, Hwy 407, Viva, and more. Perfect for downsizers who don't want to compromise on size, or first time home buyers wanting more than a shoebox. This one checks every box worth checking.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N13781144
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Highway 7 and Birchmount
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$602/mo
Exposure
South East
Property tax
$2,584 / 2025
Days on market
35
Listing brokerage
RARE REAL ESTATE

Rooms

Dining RoomFlat6.28 × 3.29 m

combined w/living · open concept · laminate

Primary BedroomFlat3.84 × 3.05 m

large closet · w/o to balcony · laminate

Living RoomFlat6.28 × 3.29 m

combined w/dining · w/o to balcony · se view

KitchenFlat2.44 × 1.86 m

stainless steel appl · separate room · pantry

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$497Klikely sale price

Listed at $499,000. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 65 local closings in 90 days), the likely sale price is near $497K, if it sells. A realistic range is $468K to $537K.

Independent value check: $544K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $506K and $571K).

Why $544K. The typical condo sold in Unionville over the past year went for about $580K (312 sales). What sets this one apart:

  • ▼ Lowers it1 bedrooms and 1 baths, against 1+1 and 2 typically.
  • ▲ Raises it slightlyIt is 700 to 799 sq ft; the typical home sold here is 650 to 749.
List price
$468KBelow recent closings$537KAbove recent closings

Total price vs nearby homes. Likely closing about $497K, from 65 recent closings in this pocket.

The market behind the math:

65sold nearby · 90 days
$538Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~28 dayshomes like this take to sell
35days on market so far
$2,369/moest. rent · 17 leases
5.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 69 condo apartment homes for sale in the area against 65 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 $666/sqft against an area asking average of $803/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 65 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $576K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Unionville, so I widened the search to the surrounding area.

Based on 7 homes sold in this building over the past 20 months, from 500 closings in Unionville.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$493kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $544K, which is where my estimate comes from.

Per square foot, these ask about $842/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home485k479k499k490k510kThis home vs active comparables

Sold price trend

Median sold price for condos in Unionville: $544K in September 2026, down 6% from a year ago, on 295 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$588K25
November 2025$595K22
December 2025$599K16
January 2026$579K18
February 2026$595K23
March 2026$558K22
April 2026$570K35
May 2026$561K29
June 2026$609K36
July 2026$564K25
August 2026$536K24
September 2026$544K20

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
$541K
Cathedraltown
$530K
Wismer
$438K
Aileen-Willowbrook
$674K
Royal Orchard
$1.64M

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,274/mo
$108KIncome needed
4.6×Price ÷ income
$525Weekly cost
$6,455Land 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 $2,274Property tax $215Condo fee $602Total carry $3,091

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,025Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$215
Condo / maintenance fees
$602
Heating
$0
Estimated monthly cost
$3,025

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

One-time closing costs

Ontario land transfer tax
$6,455
Estimated closing costs
$6,455

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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 17 whole-home leases in Unionville$2,369/mo
$28,428Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,251 to $2,487Typical rent range
~22 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 17 whole-home leases in Unionville signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,369. 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.

5.7%
Gross yield
− Property tax $2,584− Condo fees $7,219− Insurance $600− Vacancy & upkeep $3,127Net operating income $14,898

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RARE REAL ESTATE. MLS®/PropTx.

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