912-55 South Town Centre Boulevard, Markham, ON

Unionville, Markham · MLS® N13828032

$659,000
For Sale
Listed 20 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

Luxury Eko Centre, In The Heart Of Markham, Sought After 2 Bedrooms Plus Den, Den Could Convert to A 3rd Bedroom, Approx 1008 Sf, Upgraded Moulded Ceiling, Spot Lights In Living & Dining, Custom Bar In Den, Viva Bus At Door, Steps To Plazas, Walk To Unionville High School, Minutes To 404 & 407, Bank, Close To Town Of Markham & First Markham Place.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13828032
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Warden/Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$903/mo
Exposure
North West
Property tax
$2,730 / 2026
Days on market
20
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Primary BedroomFlat3.50 × 3.30 m

4 pc ensuite · laminate · double closet

Living RoomFlat5.59 × 3.28 m

laminate · combined w/dining · crown moulding

DenFlat3.93 × 3.15 m

laminate · b/i bar

Bedroom 2Flat3.50 × 2.92 m

laminate · closet

KitchenFlat2.82 × 2.74 m

centre island · ceramic floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$656Klikely sale price

Listed at $659,000. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 63 local closings in 90 days), the likely sale price is near $656K, if it sells. A realistic range is $618K to $709K.

Independent value check: $670K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $623K and $704K).

Why $670K. The typical condo sold in Unionville over the past year went for about $580K (312 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 650 to 749.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $2,730 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$618KBelow recent closings$709KAbove recent closings

Total price vs nearby homes. Likely closing about $656K, from 63 recent closings in this pocket.

The market behind the math:

63sold nearby · 90 days
$542Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~27 dayshomes like this take to sell
20days on market so far
$3,192/moest. rent · 5 leases
5.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 39 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 $599/sqft against an area asking average of $741/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 63 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $643K. 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 8 homes sold in this building over the past 20 months, from 500 closings in Unionville.

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
$598K
Cathedraltown
$506K
Royal Orchard
$1.64M
Wismer
$502K
Thornhill
$599K

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
$3,004/mo
$142KIncome needed
4.6×Price ÷ income
$693Weekly cost
$9,655Land 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.

73%mortgage
Mortgage $3,004Property tax $228Condo fee $903Total carry $4,134

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,915per month

Mortgage amount $527,200 · 4.49% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$4,045Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,915
Property tax
$228
Condo / maintenance fees
$903
Heating
$0
Estimated monthly cost
$4,045

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

One-time closing costs

Ontario land transfer tax
$9,655
Estimated closing costs
$9,655

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,528/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

$347,294Total interest paid
$874,494Total of all payments
Principal $527,200 Interest $347,294
YearPrincipalInterestBalance
1$11,765$23,215$515,435
2$12,299$22,681$503,136
3$12,857$22,122$490,279
4$13,441$21,539$476,837
5$14,052$20,928$462,786
6$14,690$20,290$448,096
7$15,356$19,623$432,740
8$16,054$18,926$416,686
9$16,783$18,197$399,904
10$17,545$17,435$382,359
11$18,341$16,639$364,018
12$19,174$15,806$344,844
13$20,045$14,935$324,799
14$20,955$14,025$303,844
15$21,906$13,074$281,938
16$22,901$12,079$259,038
17$23,941$11,039$235,097
18$25,027$9,952$210,070
19$26,164$8,816$183,906
20$27,352$7,628$156,554
21$28,594$6,386$127,960
22$29,892$5,088$98,068
23$31,249$3,731$66,819
24$32,668$2,312$34,151
25$34,151$829$0

At the end of your 5-year term

Total paid over the term
$174,899
Principal paid down
$64,414
Interest paid
$110,485
Balance remaining
$462,786

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 Unionville$3,192/mo
$38,304Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,809 to $3,575Typical rent range
~23 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 Unionville signed at a median of $2,800 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,192. 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.

5.8%
Gross yield
− Property tax $2,730− Condo fees $10,841− Insurance $600− Vacancy & upkeep $4,213Net operating income $19,919

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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