1115-50 Clegg Road, Markham, ON

Unionville, Markham · MLS® N13851844

$690,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Spacious & Bright 1st In The Heart Of Markham.
  • Approx 1025 Sf, 9' Ceiling, 2 Bedrooms, 2 Bathrooms, Balcony.
  • Includes 1 Locker & 1 Premium Corner Parking Spot.
  • Minutes Away From Unionville High School, 407, Downtown Markham And First Markham Place.

Spacious & Bright 1st In The Heart Of Markham. Approx 1025 Sf, 9' Ceiling, 2 Bedrooms, 2 Bathrooms, Balcony. Premium South-West Exposure With Stunning Unobstructed Panoramic View That Allows Watching Fireworks From Multiple Locations. Large Kitchen With Window & Granite Counter Tops. Includes 1 Locker & 1 Premium Corner Parking Spot. Beautifully Maintained Building. Minutes Away From Unionville High School, 407, Downtown Markham And First Markham Place.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13851844
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Hwy 7/Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$718/mo
Exposure
South West
Property tax
$2,870 / 2025
Days on market
18
Listing brokerage
BENCHMARK SIGNATURE REALTY INC.

Rooms

Primary BedroomGround4.69 × 3.14 m

laminate · 4 pc ensuite · large closet

Bedroom 2Ground4.01 × 2.71 m

laminate · large window · large closet

Living RoomGround4.28 × 2.61 m

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

Dining RoomGround5.54 × 3.01 m

laminate · combined w/living · open concept

KitchenGround2.88 × 2.85 m

granite counters · stainless steel appl · backsplash

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

Unionville, 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.

Commerce Valley
$541K
Cathedraltown
$530K
Aileen-Willowbrook
$674K
Royal Orchard
$1.76M
Wismer
$438K

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
$3,145/mo
$144KIncome needed
4.8×Price ÷ income
$726Weekly cost
$10,275Land 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.

77%mortgage
Mortgage $3,145Property tax $239Condo fee $718Total carry $4,102

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)
$3,052per month

Mortgage amount $552,000 · 4.49% over 25 years

$138,000Down payment (20.0%)
$552,000Loan before insurance
$0CMHC premium
$4,009Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,052
Property tax
$239
Condo / maintenance fees
$718
Heating
$0
Estimated monthly cost
$4,009

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

One-time closing costs

Ontario land transfer tax
$10,275
Estimated closing costs
$10,275

Plus your down payment of $138,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,694/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

$363,631Total interest paid
$915,631Total of all payments
Principal $552,000 Interest $363,631
YearPrincipalInterestBalance
1$12,318$24,307$539,682
2$12,878$23,748$526,804
3$13,462$23,163$513,342
4$14,074$22,552$499,268
5$14,713$21,913$484,556
6$15,381$21,245$469,175
7$16,079$20,546$453,096
8$16,809$19,816$436,287
9$17,572$19,053$418,715
10$18,370$18,255$400,345
11$19,204$17,421$381,141
12$20,076$16,549$361,065
13$20,987$15,638$340,078
14$21,940$14,685$318,138
15$22,937$13,689$295,201
16$23,978$12,647$271,223
17$25,067$11,559$246,156
18$26,205$10,420$219,952
19$27,395$9,231$192,557
20$28,638$7,987$163,918
21$29,939$6,686$133,980
22$31,298$5,327$102,682
23$32,719$3,906$69,962
24$34,205$2,421$35,758
25$35,758$867$0

At the end of your 5-year term

Total paid over the term
$183,126
Principal paid down
$67,444
Interest paid
$115,682
Balance remaining
$484,556

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$3,400/mo
$40,800Gross annual rent
3.5%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.

5.9%
Gross yield
− Property tax $2,870− Condo fees $8,621− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,221

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

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