108 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13843526

$1,438,800
For Sale
Listed 19 days agoNo offer date stated
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3Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2249Sq ft

About this home

In short

  • A distinctive 3-storey condo townhouse featuring a private elevator serving all levels, offering exceptional convenience for families with seniors, those considering...
  • Built by Times Group in 2019, this approximately 2,130 sq. ft. above-grade residence offers a well-planned 3-bedroom, 4-bathroom layout with hardwood floors...
  • Ground floor features a spacious family room with large windows and crown moulding, while the second floor offers an open-concept living and dining area, a modern...
  • The third floor features a generous primary bedroom with 3-piece ensuite and two additional bedrooms, each with hardwood flooring and large windows.
  • The finished lower level adds approximately 515 sq. ft. of versatile recreation space, also connected by the elevator.

A distinctive 3-storey condo townhouse featuring a private elevator serving all levels, offering exceptional convenience for families with seniors, those considering downsizing, or anyone looking for an easier, more accessible layout. Built by Times Group in 2019, this approximately 2,130 sq. ft. above-grade residence offers a well-planned 3-bedroom, 4-bathroom layout with hardwood floors throughout the main living areas. 9ft ceiling for above ground levels. Ground floor features a spacious family room with large windows and crown moulding, while the second floor offers an open-concept living and dining area, a modern kitchen with centre island, quartz countertop and stainless steel built in appliances, plus a breakfast area with walk-out to the deck. The third floor features a generous primary bedroom with 3-piece ensuite and two additional bedrooms, each with hardwood flooring and large windows. The finished lower level adds approximately 515 sq. ft. of versatile recreation space, also connected by the elevator. Ideally located in Markham's Commerce Valley community near Hwy 7 and Leslie, with convenient access to major highways, public transit, shopping, restaurants, schools and everyday amenities, with future T&T Supermarket within walking distance.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
N13843526
Bedrooms
3
Bathrooms
4 (1 half)
Size
2000-2249 sq ft
Cross streets
Hwy7/Leslie
Parking
2 garage · 4 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$371/mo
Exposure
South
Property tax
$6,670 / 2026
Days on market
19
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Primary BedroomThird3.81 × 4.04 m

hardwood floor · 3 pc ensuite · closet

Bedroom 3Third2.74 × 3.05 m

hardwood floor · closet · large window

Family RoomGround4.72 × 5.03 m

hardwood floor · large window · crown moulding

Dining RoomSecond5.89 × 5.59 m

hardwood floor · combined w/living · open concept

RecreationBasement5.72 × 4.19 m

laminate · elevator

Living RoomSecond5.89 × 5.59 m

hardwood floor · combined w/dining · large window

Bedroom 2Third2.90 × 3.73 m

hardwood floor · closet · large window

KitchenSecond2.87 × 4.19 m

tile floor · stainless steel appl · centre island

BreakfastSecond2.85 × 4.19 m

tile floor · sliding doors · w/o to deck

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
What sellers nearby are askingCurrently listed nearby in Commerce Valley · asking prices
$1.58Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $689/sqft; this home lists at $677/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.44MThis home1.45M1.40M1.90MThis home vs active comparables

Neighbourhood & location

Commerce Valley, 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.

Aileen-Willowbrook
$627K
Royal Orchard
$909K
Bayview Fairway-Bayview Country Club Estates
$699K
German Mills
$890K
Unionville
$893K

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
$6,558/mo
$277KIncome needed
5.2×Price ÷ income
$1,513Weekly cost
$25,251Land 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.

88%mortgage
Mortgage $6,558Property tax $556Condo fee $371Total carry $7,484

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,364per month

Mortgage amount $1,151,040 · 4.49% over 25 years

$287,760Down payment (20.0%)
$1,151,040Loan before insurance
$0CMHC premium
$7,291Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,364
Property tax
$556
Condo / maintenance fees
$371
Heating
$0
Estimated monthly cost
$7,291

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

One-time closing costs

Ontario land transfer tax
$25,251
Estimated closing costs
$25,251

Plus your down payment of $287,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,703/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

$758,249Total interest paid
$1,909,289Total of all payments
Principal $1,151,040 Interest $758,249
YearPrincipalInterestBalance
1$25,686$50,685$1,125,354
2$26,853$49,519$1,098,501
3$28,072$48,300$1,070,429
4$29,346$47,025$1,041,083
5$30,679$45,693$1,010,404
6$32,072$44,300$978,332
7$33,528$42,844$944,804
8$35,050$41,321$909,754
9$36,642$39,730$873,113
10$38,305$38,066$834,807
11$40,045$36,327$794,763
12$41,863$34,509$752,900
13$43,763$32,608$709,137
14$45,750$30,621$663,386
15$47,828$28,544$615,558
16$49,999$26,372$565,559
17$52,269$24,102$513,289
18$54,643$21,729$458,647
19$57,124$19,248$401,523
20$59,717$16,654$341,806
21$62,429$13,943$279,377
22$65,263$11,108$214,114
23$68,227$8,145$145,887
24$71,324$5,047$74,563
25$74,563$1,809$0

At the end of your 5-year term

Total paid over the term
$381,858
Principal paid down
$140,636
Interest paid
$241,222
Balance remaining
$1,010,404

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$6,800/mo
$81,600Gross annual rent
4.2%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.

5.7%
Gross yield
− Property tax $6,670− Condo fees $4,451− Insurance $600− Vacancy & upkeep $8,976Net operating income $60,903

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

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