1102-399 South Park Road, Markham, ON

Commerce Valley, Markham · MLS® N13877122

$599,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Edgewater at the Galleria, ideally located at the highly sought-after crossroads of Markham and Richmond Hill.
  • This beautifully renovated two-bedroom, two-bathroom suite offers an exceptional combination of space, style, and convenience in a peaceful, park-side setting.
  • Just steps from scenic Vanhorn Park, this bright, high-floor residence is filled with natural light and features a thoughtfully designed, open-concept layout with an...
  • Ideally situated just minutes from Highway 7, public transit, shopping, dining, and major business centres, you'll enjoy the perfect balance of tranquility and urban...

Welcome to Edgewater at the Galleria, ideally located at the highly sought-after crossroads of Markham and Richmond Hill. This beautifully renovated two-bedroom, two-bathroom suite offers an exceptional combination of space, style, and convenience in a peaceful, park-side setting. Just steps from scenic Vanhorn Park, this bright, high-floor residence is filled with natural light and features a thoughtfully designed, open-concept layout with an impressive sense of space. The generously sized living room is perfect for both relaxing and entertaining, offering unobstructed views and direct access to a large south-facing balcony where you can enjoy picturesque park and pond vistas-your own private outdoor retreat. The well-appointed layout is complemented by in-suite laundry, one exclusive parking space, and a private locker for added storage and convenience. Ideally situated just minutes from Highway 7, public transit, shopping, dining, and major business centres, you'll enjoy the perfect balance of tranquility and urban accessibility.Residents of this boutique-style building enjoy a selection of desirable amenities, including a fitness centre, sauna, and beautifully landscaped common areas ideal for relaxing or socializing. Whether you're a professional seeking a low-maintenance lifestyle or someone looking for a quiet, spacious home with outstanding city access, this exceptional suite delivers comfort, character, and everyday convenience. Condo fees include hydro, water, heat, air conditioning, parking, locker, common elements, and building insurance.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13877122
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
W Of Leslie/S Of Hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,189/mo
Exposure
South West
Property tax
$2,524 / 2026
Days on market
11
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Ground4.00 × 2.90 m

broadloom · closet

KitchenGround5.31 × 2.41 m

tile floor · breakfast area

Living RoomGround6.86 × 3.58 m

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

Primary BedroomGround4.60 × 3.25 m

broadloom · 4 pc ensuite · closet

Dining RoomGround6.53 × 2.90 m

laminate · combined w/living

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 Commerce Valley · asking prices
$608kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $572/sqft; this home lists at $545/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
599kThis home618k549k519k638k718kThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Aileen-Willowbrook
$674K
Royal Orchard
$1.64M
Thornhill
$588K
Unionville
$636K
Grandview
$493K

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.

66%mortgage
Mortgage $2,730Property tax $210Condo fee $1,189Total carry $4,129

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
$4,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$210
Condo / maintenance fees
$1,189
Heating
$0
Estimated monthly cost
$4,049

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$3,400/mo
$40,800Gross annual rent
3.2%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.

6.8%
Gross yield
− Property tax $2,524− Condo fees $14,267− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,920

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

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