318-9560 Markham Road, Markham, ON

Wismer, Markham · MLS® N13831432

$499,999
For Sale
Listed 23 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
800-899Sq ft

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®
N13831432
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
23
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Dining RoomMain8.91 × 3.25 m

laminate · open concept

Primary BedroomMain3.07 × 2.99 m

closet · w/o to balcony · large window

Bedroom 2Main3.04 × 2.64 m

w/o to balcony · closet · window floor to ceiling

Living RoomMain8.91 × 3.25 m

window floor to ceiling · laminate · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Wismer, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Greensborough
$607K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$563K
Aileen-Willowbrook
$674K

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
$2,279/mo
$113KIncome needed
4.4×Price ÷ income
$526Weekly cost
$6,475Land 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.

69%mortgage
Mortgage $2,279Property tax $205Condo fee $835Total carry $3,319

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)
$2,212per month

Mortgage amount $399,999 · 4.49% over 25 years

$100,000Down payment (20.0%)
$399,999Loan before insurance
$0CMHC premium
$3,251Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,212
Property tax
$205
Condo / maintenance fees
$835
Heating
$0
Estimated monthly cost
$3,251

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

One-time closing costs

Ontario land transfer tax
$6,475
Estimated closing costs
$6,475

Plus your down payment of $100,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,677/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

$263,500Total interest paid
$663,499Total of all payments
Principal $399,999 Interest $263,500
YearPrincipalInterestBalance
1$8,926$17,614$391,073
2$9,332$17,208$381,741
3$9,755$16,785$371,986
4$10,198$16,342$361,788
5$10,661$15,879$351,127
6$11,145$15,395$339,981
7$11,651$14,889$328,330
8$12,180$14,360$316,150
9$12,733$13,807$303,416
10$13,312$13,228$290,105
11$13,916$12,624$276,189
12$14,548$11,992$261,641
13$15,208$11,332$246,433
14$15,899$10,641$230,534
15$16,621$9,919$213,913
16$17,375$9,165$196,538
17$18,164$8,376$178,374
18$18,989$7,551$159,385
19$19,851$6,689$139,534
20$20,752$5,788$118,781
21$21,695$4,845$97,087
22$22,680$3,860$74,407
23$23,709$2,830$50,697
24$24,786$1,754$25,911
25$25,911$629$0

At the end of your 5-year term

Total paid over the term
$132,700
Principal paid down
$48,873
Interest paid
$83,827
Balance remaining
$351,127

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
Estimate$2,700/mo
$32,400Gross annual rent
3.2%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.5%
Gross yield
− Property tax $2,456− Condo fees $10,024− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,756

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

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