1814-292 Verdale Crossing, Markham, ON

Unionville, Markham · MLS® N13868448

$519,999
For Sale
Listed 13 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to Penthouse Unit B1814 at 292 Verdale Crossing in the heart of Downtown Markham.
  • This spacious 1 bedroom + den condo features soaring ceilings, floor-to-ceiling windows, and a private balcony with breathtaking views.
  • Building amenities include a fitness center, rooftop Terrance, basketball court and 24 hour concierge.

Welcome to Penthouse Unit B1814 at 292 Verdale Crossing in the heart of Downtown Markham! This spacious 1 bedroom + den condo features soaring ceilings, floor-to-ceiling windows, and a private balcony with breathtaking views. Enjoy a modern kitchen with stainless steel appliances and brand new countertops, plus in-suite laundry and premium finishes throughout. Located steps from restaurants, shops, York University's new campus, transit, and more. Building amenities include a fitness center, rooftop Terrance, basketball court and 24 hour concierge. Don't miss this rare penthouse opportunity.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13868448
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
BIRCHMOUNT RD/ENTERPRISE BLVD
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$419/mo
Exposure
North
Property tax
$1,230 / 2025
Days on market
13
Listing brokerage
RE/MAX METROPOLIS REALTY
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$517Klikely sale price

Listed at $519,999. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 65 local closings in 90 days), the likely sale price is near $517K, if it sells. A realistic range is $487K to $560K.

Independent value check: $421K. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $392K and $443K).

Why $421K. The typical condo sold in Unionville over the past year went for about $580K (312 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,230 a year; the typical home sold here pays about $2,500.
  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 650 to 749.
List price
$487KBelow recent closings$560KAbove recent closings

Total price vs nearby homes. Likely closing about $517K, from 65 recent closings in this pocket.

The market behind the math:

65sold nearby · 90 days
$538Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~28 dayshomes like this take to sell
13days on market so far
$2,110/moest. rent · 28 leases
4.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 51 condo apartment homes for sale in the area against 65 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $946/sqft against an area asking average of $812/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 65 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $476K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying

Based on 46 homes sold in this building over the past 20 months, from 500 closings in Unionville.

Sold price trend

Median sold price for condos in Unionville: $544K in September 2026, down 6% from a year ago, on 295 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$588K25
November 2025$595K22
December 2025$599K16
January 2026$579K18
February 2026$595K23
March 2026$558K22
April 2026$570K35
May 2026$561K29
June 2026$609K36
July 2026$564K25
August 2026$536K24
September 2026$544K20

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
$2,370/mo
$104KIncome needed
5.0×Price ÷ income
$547Weekly cost
$6,875Land 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.

82%mortgage
Mortgage $2,370Property tax $103Condo fee $419Total carry $2,892

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)
$2,300per month

Mortgage amount $415,999 · 4.49% over 25 years

$104,000Down payment (20.0%)
$415,999Loan before insurance
$0CMHC premium
$2,822Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$103
Condo / maintenance fees
$419
Heating
$0
Estimated monthly cost
$2,822

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

One-time closing costs

Ontario land transfer tax
$6,875
Estimated closing costs
$6,875

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,784/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

$274,040Total interest paid
$690,039Total of all payments
Principal $415,999 Interest $274,040
YearPrincipalInterestBalance
1$9,283$18,318$406,716
2$9,705$17,897$397,011
3$10,145$17,456$386,866
4$10,606$16,995$376,259
5$11,088$16,514$365,172
6$11,591$16,010$353,581
7$12,117$15,484$341,463
8$12,668$14,934$328,796
9$13,243$14,359$315,553
10$13,844$13,758$301,709
11$14,473$13,129$287,236
12$15,130$12,472$272,107
13$15,817$11,785$256,290
14$16,535$11,067$239,755
15$17,286$10,316$222,470
16$18,070$9,531$204,400
17$18,891$8,711$185,509
18$19,749$7,853$165,760
19$20,645$6,956$145,115
20$21,583$6,019$123,533
21$22,562$5,039$100,970
22$23,587$4,015$77,383
23$24,658$2,944$52,725
24$25,777$1,824$26,948
25$26,948$654$0

At the end of your 5-year term

Total paid over the term
$138,008
Principal paid down
$50,827
Interest paid
$87,180
Balance remaining
$365,172

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
From 28 whole-home leases in Unionville$2,110/mo
$25,320Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,005 to $2,216Typical rent range
~22 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 28 whole-home leases in Unionville signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,110. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.9%
Gross yield
− Property tax $1,230− Condo fees $5,032− Insurance $600− Vacancy & upkeep $2,785Net operating income $15,673

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

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