502-9700 Ninth Line, Markham, ON

Greensborough, Markham · MLS® N13877260

$400,000
For Sale
Listed 8 days agoNo offer date stated

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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this beautifully finished 1+1 bedroom condo at 9700 Ninth Line, Markham.
  • Built in 2022, this bright and modern unit features an open-concept layout, spacious den, ensuite laundry, and private terrace.
  • Includes 1 underground parking space.
  • Enjoy excellent amenities including an exercise room, rooftop terrace, and 24-hour concierge and security.
  • Conveniently located close to Highways 407 and 404, schools, transit, shopping, parks, and Stouffville Hospital.

Welcome to this beautifully finished 1+1 bedroom condo at 9700 Ninth Line, Markham. Built in 2022, this bright and modern unit features an open-concept layout, spacious den, ensuite laundry, and private terrace. Includes 1 underground parking space.Enjoy excellent amenities including an exercise room, rooftop terrace, and 24-hour concierge and security. Conveniently located close to Highways 407 and 404, schools, transit, shopping, parks, and Stouffville Hospital.A great opportunity to enjoy modern living in a peaceful and well-connected Markham community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13877260
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Ninth Line/Donald Cousens
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$572/mo
Exposure
North West
Property tax
$2,087 / 2026
Days on market
8
Listing brokerage
REALTRIUM REALTY

Rooms

BathroomMain0.00 × 0.00 m

3 Pc Bath

DenMain9.50 × 8.10 m
Living RoomMain18.10 × 10.90 m
KitchenMain9.20 × 8.00 m

L-Shaped Room

Primary BedroomMain10.40 × 9.60 m

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.

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Neighbourhood & location

Greensborough, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$1,823/mo
$89KIncome needed
4.5×Price ÷ income
$421Weekly cost
$4,475Land 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.

71%mortgage
Mortgage $1,823Property tax $174Condo fee $572Total carry $2,569

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)
$1,769per month

Mortgage amount $320,000 · 4.49% over 25 years

$80,000Down payment (20.0%)
$320,000Loan before insurance
$0CMHC premium
$2,515Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$174
Condo / maintenance fees
$572
Heating
$0
Estimated monthly cost
$2,515

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

One-time closing costs

Ontario land transfer tax
$4,475
Estimated closing costs
$4,475

Plus your down payment of $80,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,800Total interest paid
$530,800Total of all payments
Principal $320,000 Interest $210,800
YearPrincipalInterestBalance
1$7,141$14,091$312,859
2$7,465$13,767$305,394
3$7,804$13,428$297,589
4$8,159$13,073$289,431
5$8,529$12,703$280,902
6$8,916$12,316$271,986
7$9,321$11,911$262,665
8$9,744$11,488$252,920
9$10,187$11,045$242,734
10$10,649$10,583$232,084
11$11,133$10,099$220,952
12$11,638$9,594$209,313
13$12,167$9,065$197,147
14$12,719$8,513$184,428
15$13,297$7,935$171,131
16$13,900$7,332$157,231
17$14,531$6,701$142,699
18$15,191$6,041$127,508
19$15,881$5,351$111,627
20$16,602$4,630$95,025
21$17,356$3,876$77,669
22$18,144$3,088$59,526
23$18,968$2,264$40,558
24$19,829$1,403$20,729
25$20,729$503$0

At the end of your 5-year term

Total paid over the term
$106,160
Principal paid down
$39,098
Interest paid
$67,062
Balance remaining
$280,902

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
3.1%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.

6.2%
Gross yield
− Property tax $2,087− Condo fees $6,867− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,340

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

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