1014-8081 Birchmount Road, Markham, ON

Unionville, Markham · MLS® N13866256

$599,000
For Sale
Listed 13 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome To This Spacious 2 Bedroom, 2 Bathroom Suite In The Heart Of Vibrant Downtown Markham, One Of Markham's Most Sought-After Urban Communities.
  • Just Steps To Cineplex Markham VIP, Restaurants, Transit, And Minutes To Unionville, Rouge Valley Trails, And Major Highways For Easy Commuting.

Welcome To This Spacious 2 Bedroom, 2 Bathroom Suite In The Heart Of Vibrant Downtown Markham, One Of Markham's Most Sought-After Urban Communities. This Well-Designed Unit Offers A Functional Layout With Generous Living Space, Ideal For Professionals, Families, Couples, Or Students Looking For Comfort And Convenience.Enjoy The Perfect Balance Of Urban Living And Suburban Charm, Surrounded By Trendy Restaurants, Cafes, Boutique Shops, Entertainment, And Everyday Essentials. Just Steps To Cineplex Markham VIP, Restaurants, Transit, And Minutes To Unionville, Rouge Valley Trails, And Major Highways For Easy Commuting.Located In A Thriving Master-Planned Community, This Address Offers Modern Convenience, Excellent Walkability, And A Lifestyle Full Of Dining, Shopping, Entertainment, And Green Space. A Fantastic Opportunity To Live In One Of Markham's Most Dynamic And Desirable Neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13866256
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Birchmount/Enterprise
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$866/mo
Exposure
North East
Days on market
13
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.
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

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.

Commerce Valley
$541K
Cathedraltown
$530K
Aileen-Willowbrook
$674K
Wismer
$438K
Royal Orchard
$1.64M

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
$2,730/mo
$136KIncome needed
4.4×Price ÷ income
$630Weekly cost
$8,455Land 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.

69%mortgage
Mortgage $2,730Estimated property tax $374Condo fee $866Total carry $3,970

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,890Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Estimated property tax
$374
Condo / maintenance fees
$866
Heating
$0
Estimated monthly cost
$3,890

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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$2,700/mo
$32,400Gross annual rent
2.3%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.

5.4%
Gross yield
− Property tax $4,193− Condo fees $10,390− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,653

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

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