318-62 Suncrest Boulevard, Markham, ON

Commerce Valley, Markham · MLS® N13858496

$449,000
For Sale
Listed 16 days agoNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 19, 2026, 3:44 p.m.. Price and status may have changed since; refresh in a minute for the live version.

Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Prime Markham location at 62 Suncrest Blvd.
  • This bright, beautifully maintained 1-bedroom suite offers a smart, functional open-concept layout with zero wasted space.
  • Unbeatable Commerce Valley location-walk to Viva/YRT transit, local parks, plazas, top-rated restaurants, and retail along Highway 7.
  • Minutes to Langstaff GO Station, Highway 404, 407, and VIVA bus rapid transit for effortless commuting.
  • Resort-style building amenities feature a 24-hour concierge, indoor swimming pool, fitness center, party room, guest suites, and visitor parking.

Prime Markham location at 62 Suncrest Blvd! This bright, beautifully maintained 1-bedroom suite offers a smart, functional open-concept layout with zero wasted space. Features 9ft ceilings, modern laminate flooring, and floor-to-ceiling windows flooding the unit with natural light. The open kitchen comes equipped with stone countertops, stainless steel appliances, and sleek cabinetry. Enjoy stepping out onto your private balcony with serene neighborhood views. Unbeatable Commerce Valley location-walk to Viva/YRT transit, local parks, plazas, top-rated restaurants, and retail along Highway 7. Minutes to Langstaff GO Station, Highway 404, 407, and VIVA bus rapid transit for effortless commuting. Resort-style building amenities feature a 24-hour concierge, indoor swimming pool, fitness center, party room, guest suites, and visitor parking. Perfect turn-key opportunity for first-time buyers, down-sizers, or savvy investors. Move-in ready!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13858496
Bedrooms
1
Bathrooms
1
Size
600-699 sq ft
Cross streets
Hwy 7 East & Times Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$560/mo
Exposure
East
Property tax
$1,944 / 2026
Days on market
16
Listing brokerage
CONDOWONG REAL ESTATE INC.

Rooms

Living RoomGround2.97 × 6.10 m

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

Primary BedroomGround2.92 × 3.38 m

laminate · closet · window

KitchenGround1.83 × 3.40 m

ceramic floor · b/i dishwasher

Dining RoomGround2.97 × 6.10 m

laminate · combined w/living

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

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

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

Affordability & Mortgage

Affordability
$2,046/mo
$97KIncome needed
4.6×Price ÷ income
$472Weekly cost
$5,455Land 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.

74%mortgage
Mortgage $2,046Property tax $162Condo fee $560Total carry $2,768

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)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,708Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$162
Condo / maintenance fees
$560
Heating
$0
Estimated monthly cost
$2,708

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

One-time closing costs

Ontario land transfer tax
$5,455
Estimated closing costs
$5,455

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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$2,050/mo
$24,600Gross 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.

5.5%
Gross yield
− Property tax $1,944− Condo fees $6,715− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,635

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

CallRequest a showing