222-39 New Delhi Drive, Markham, ON

Cedarwood, Markham · MLS® N13850932

$639,000
For Sale
Listed 18 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Bright & Spacious 1 Bedroom + Den Suite In Greenlife Condos.
  • Functional Open-Concept Layout Features A Generous Living/Dining Area With Walk-Out To The Private Balcony, Well-Designed Kitchen With Extended Breakfast Bar...
  • Includes 1 Owned Locker And A Spacious Owned Parking Spot Conveniently Located Right In Front Of The Entrance Door For Easy Access.
  • Excellent Cedarwood Location Close To Shopping, Restaurants, Grocery Stores, Parks, Schools And Public Transit, With Convenient Access To Markham Rd, Steeles Ave, Hwy...

Bright & Spacious 1 Bedroom + Den Suite In Greenlife Condos. Functional Open-Concept Layout Features A Generous Living/Dining Area With Walk-Out To The Private Balcony, Well-Designed Kitchen With Extended Breakfast Bar, Spacious Primary Bedroom With Ensuite Bath & Closet, Plus A Separate Den Ideal For A Home Office, Study Or Guest Area. Ensuite Laundry And An Additional Powder Room Provide Extra Convenience. Includes 1 Owned Locker And A Spacious Owned Parking Spot Conveniently Located Right In Front Of The Entrance Door For Easy Access. Excellent Cedarwood Location Close To Shopping, Restaurants, Grocery Stores, Parks, Schools And Public Transit, With Convenient Access To Markham Rd, Steeles Ave, Hwy 407 & Hwy 401. A Great Opportunity For End Users, First-Time Buyers Or Investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13850932
Bedrooms
1+1 (2 total)
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Markham Rd./New Delhi
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$175/mo
Exposure
North East
Property tax
$2,037 / 2026
Days on market
18
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Living RoomFlat5.49 × 3.66 m

combined w/dining · w/o to balcony · laminate

Dining RoomFlat5.49 × 3.66 m

combined w/living · laminate · sliding doors

Primary BedroomFlat4.09 × 3.05 m

broadloom · 4 pc ensuite · large window

DenFlat2.69 × 2.64 m

broadloom · closet

BathroomFlat2.44 × 1.52 m

4 pc bath · porcelain floor · quartz counter

KitchenFlat2.74 × 2.94 m

open concept · quartz counter · stainless steel appl

BathroomFlat1.83 × 1.22 m

2 pc bath · porcelain floor · quartz counter

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 Cedarwood · asking prices
$699kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $586/sqft; this home lists at $673/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
639kThis home659k700k700k739kThis home vs active comparables

Neighbourhood & location

Cedarwood, 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.

Wismer
$438K
Greensborough
$607K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$541K

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
$2,912/mo
$123KIncome needed
5.2×Price ÷ income
$672Weekly cost
$9,255Land 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.

89%mortgage
Mortgage $2,912Property tax $170Condo fee $175Total carry $3,257

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)
$2,827per month

Mortgage amount $511,200 · 4.49% over 25 years

$127,800Down payment (20.0%)
$511,200Loan before insurance
$0CMHC premium
$3,171Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,827
Property tax
$170
Condo / maintenance fees
$175
Heating
$0
Estimated monthly cost
$3,171

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

One-time closing costs

Ontario land transfer tax
$9,255
Estimated closing costs
$9,255

Plus your down payment of $127,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,421/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

$336,754Total interest paid
$847,954Total of all payments
Principal $511,200 Interest $336,754
YearPrincipalInterestBalance
1$11,408$22,510$499,792
2$11,926$21,992$487,866
3$12,467$21,451$475,399
4$13,033$20,885$462,366
5$13,625$20,293$448,741
6$14,244$19,674$434,497
7$14,890$19,028$419,607
8$15,567$18,352$404,040
9$16,273$17,645$387,767
10$17,012$16,906$370,755
11$17,785$16,134$352,970
12$18,592$15,326$334,378
13$19,436$14,482$314,942
14$20,319$13,599$294,623
15$21,241$12,677$273,382
16$22,206$11,712$251,176
17$23,214$10,704$227,962
18$24,268$9,650$203,694
19$25,370$8,548$178,324
20$26,522$7,396$151,803
21$27,726$6,192$124,077
22$28,985$4,933$95,092
23$30,301$3,617$64,791
24$31,677$2,242$33,115
25$33,115$803$0

At the end of your 5-year term

Total paid over the term
$169,591
Principal paid down
$62,459
Interest paid
$107,132
Balance remaining
$448,741

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$3,050/mo
$36,600Gross annual rent
4.4%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 $2,037− Condo fees $2,101− Insurance $600− Vacancy & upkeep $4,026Net operating income $27,836

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

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