807W-268 Buchanan Drive, Markham, ON

Unionville, Markham · MLS® N13877242

$650,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to this bright and spacious 900+ sq. ft.
  • 2-bedroom + den, 2-bathroom suite offering luxurious condo living in the heart of Unionville.
  • Featuring 10-foot ceilings, large windows, and an open, functional layout, this home is filled with natural light and designed for comfortable modern living.
  • Enjoy an impressive range of building amenities, including an indoor pool, sauna, gym, Mahjong and ping-pong room, karaoke room, and visitor parking.
  • Conveniently located with public transit right outside the building and close to groceries, restaurants, parks, shopping, and everyday amenities.

Welcome to this bright and spacious 900+ sq. ft. 2-bedroom + den, 2-bathroom suite offering luxurious condo living in the heart of Unionville! Featuring 10-foot ceilings, large windows, and an open, functional layout, this home is filled with natural light and designed for comfortable modern living.The primary bedroom features an exclusive private balcony and built-in walk-in closet, while laminate flooring throughout adds a clean and contemporary feel. Enjoy an impressive range of building amenities, including an indoor pool, sauna, gym, Mahjong and ping-pong room, karaoke room, and visitor parking.Conveniently located with public transit right outside the building and close to groceries, restaurants, parks, shopping, and everyday amenities. Everything you need is just steps away.Extras: All existing appliances included. One underground parking space and one locker included.A fantastic opportunity to enjoy spacious, convenient, and upscale Unionville living!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13877242
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Hwy 7 & Village Pkwy
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$802/mo
Exposure
South West
Property tax
$3,519 / 2026
Days on market
11
Listing brokerage
REALTRIUM REALTY

Rooms

Bedroom 2Main10.60 × 9.20 m

large window · w/o to balcony · laminate

DenMain8.00 × 8.00 m

open concept · laminate · separate room

KitchenMain19.80 × 11.20 m

combined w/dining · w/o to balcony · large window

Living RoomMain19.80 × 11.20 m

combined w/kitchen · w/o to balcony · large window

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

Unionville, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,962/mo
$141KIncome needed
4.6×Price ÷ income
$684Weekly cost
$9,475Land 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.

73%mortgage
Mortgage $2,962Property tax $293Condo fee $802Total carry $4,058

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)
$2,875per month

Mortgage amount $520,000 · 4.49% over 25 years

$130,000Down payment (20.0%)
$520,000Loan before insurance
$0CMHC premium
$3,970Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,875
Property tax
$293
Condo / maintenance fees
$802
Heating
$0
Estimated monthly cost
$3,970

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

One-time closing costs

Ontario land transfer tax
$9,475
Estimated closing costs
$9,475

Plus your down payment of $130,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,480/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

$342,551Total interest paid
$862,551Total of all payments
Principal $520,000 Interest $342,551
YearPrincipalInterestBalance
1$11,604$22,898$508,396
2$12,131$22,371$496,265
3$12,682$21,820$483,583
4$13,258$21,244$470,325
5$13,860$20,642$456,466
6$14,489$20,013$441,977
7$15,147$19,355$426,830
8$15,834$18,668$410,995
9$16,553$17,949$394,442
10$17,305$17,197$377,137
11$18,091$16,411$359,046
12$18,912$15,590$340,134
13$19,771$14,731$320,363
14$20,668$13,834$299,695
15$21,607$12,895$278,088
16$22,588$11,914$255,500
17$23,614$10,888$231,886
18$24,686$9,816$207,201
19$25,807$8,696$181,394
20$26,978$7,524$154,416
21$28,203$6,299$126,213
22$29,484$5,018$96,729
23$30,822$3,680$65,907
24$32,222$2,280$33,685
25$33,685$817$0

At the end of your 5-year term

Total paid over the term
$172,510
Principal paid down
$63,534
Interest paid
$108,976
Balance remaining
$456,466

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$3,050/mo
$36,600Gross annual rent
2.9%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.

5.6%
Gross yield
− Property tax $3,519− Condo fees $9,624− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,831

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

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