203-277 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13846014

$550,000
For Sale
Listed 19 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Bonus: Get 3 Months' Paid Condo Fees Welcome To The Eden Park Towers In The Heart Of Sought After Markham.
  • A Beautiful Community At Leslie St And HWY 7.
  • Primary Bedroom Features With A Large Walk-in Closet W/Pax Closet System, Private Den With The Ability To Be Used As 2ndBedroom W/French Door.
  • The Building Offers Hotel-Like Service Convenient 24-hourConcierge/Security, Plenty Of Amenities Including Indoor Pool, Sauna, Fully Equipped Gym, Billiard Room, BBQ...
  • Prime Location, Just Steps To A Huge Park With WaterSplash, Tennis Courts, Basketball Court & Soccer Field.EXTRAS 1Parking, 1 Locker, Steps To All Amenities.

**Bonus: Get 3 Months' Paid Condo Fees ** Welcome To The Eden Park Towers In The Heart Of Sought After Markham! A Beautiful Community At Leslie St And HWY 7. Bright & Spacious. This Is The Largest 1 Bedroom + Den Layout In The Building. Featuring 738 Sqft + 50 Sqft Balcony With 9-Ft Ceilings, Modern Kitchen With Granite Countertops, Backsplash, Centre Island & Stainless Steel Appliances. Primary Bedroom Features With A Large Walk-in Closet W/Pax Closet System, Private Den With The Ability To Be Used As 2ndBedroom W/French Door. Walk-In Laundry Room. Step-Out & Enjoy A Wonderful North-Facing Balcony, W/Courtyard Views. Conveniently Located Near Transit, Major Hwy's, Shopping, Restaurants, Entertainment & Schools! The Building Offers Hotel-Like Service Convenient 24-hourConcierge/Security, Plenty Of Amenities Including Indoor Pool, Sauna, Fully Equipped Gym, Billiard Room, BBQ Area, Party Room, Theatre Room & Visitor Parking! Prime Location, Just Steps To A Huge Park With WaterSplash, Tennis Courts, Basketball Court & Soccer Field.**EXTRAS** 1Parking, 1 Locker, Steps To All Amenities!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13846014
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Highway 7 & Leslie
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$601/mo
Exposure
North
Property tax
$2,346 / 2026
Days on market
19
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenFlat2.51 × 2.44 m

laminate · french doors

KitchenFlat3.18 × 2.12 m

granite counters · backsplash · stainless steel appl

Dining RoomFlat5.23 × 3.15 m

laminate · open concept · w/o to balcony

Living RoomFlat5.23 × 3.15 m

laminate · open concept · large window

Primary BedroomFlat4.01 × 2.92 m

laminate · walk-in closet(s) · large window

BathroomFlat2.90 × 1.47 m

tile floor · glass doors · quartz counter

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Neighbourhood & location

Commerce Valley, Markham, ON

CommuteTime from this home to where you spend your day

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

Affordability & Mortgage

Affordability
$2,507/mo
$116KIncome needed
4.7×Price ÷ income
$578Weekly cost
$7,475Land 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.

76%mortgage
Mortgage $2,507Property tax $195Condo fee $601Total carry $3,303

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)
$2,433per month

Mortgage amount $440,000 · 4.49% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,229Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$196
Condo / maintenance fees
$601
Heating
$0
Estimated monthly cost
$3,229

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

One-time closing costs

Ontario land transfer tax
$7,475
Estimated closing costs
$7,475

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/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

$289,851Total interest paid
$729,851Total of all payments
Principal $440,000 Interest $289,851
YearPrincipalInterestBalance
1$9,819$19,375$430,181
2$10,265$18,929$419,916
3$10,731$18,463$409,186
4$11,218$17,976$397,967
5$11,727$17,467$386,240
6$12,260$16,934$373,980
7$12,816$16,378$361,164
8$13,398$15,796$347,765
9$14,007$15,187$333,759
10$14,643$14,551$319,116
11$15,308$13,886$303,808
12$16,003$13,191$287,806
13$16,729$12,465$271,077
14$17,489$11,705$253,588
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,212
18$20,888$8,306$175,324
19$21,836$7,358$153,487
20$22,828$6,366$130,660
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,240

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$2,400/mo
$28,800Gross annual rent
2.8%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.

5.2%
Gross yield
− Property tax $2,346− Condo fees $7,210− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,476

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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