602-9700 Ninth Line, Markham, ON

Greensborough, Markham · MLS® N13877262

$400,000
For Sale
Listed 11 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®
N13877262
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, Concrete
Maintenance
$572/mo
Exposure
North West
Property tax
$2,087 / 2026
Days on market
11
Listing brokerage
REALTRIUM REALTY

Rooms

Dining RoomMain4.90 × 3.32 m

combined w/living · laminate

Primary BedroomMain3.17 × 2.93 m

Closet

Living RoomMain4.90 × 3.32 m

combined w/dining · overlooks backyard · overlooks ravine

DenMain2.90 × 2.47 m

Open Concept

KitchenMain2.80 × 2.44 m

Tile Floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$387Klikely sale price

Listed at $400,000. Going by how homes in Greensborough and the wider GTA have actually closed against their asking prices (about 97%, 9 local closings in 90 days), the likely sale price is near $387K, if it sells. A realistic range is $364K to $419K.

Independent value check: $427K. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $397K and $449K).

Why $427K. The typical condo sold in Greensborough over the past year went for about $741K (17 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2 and 2 typically.
  • ▼ Lowers it stronglyIt is 600 to 699 sq ft; the typical home sold here is 1,200 to 1,399.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,087 a year; the typical home sold here pays about $2,900.
List price
$364KBelow recent closings$419KAbove recent closings

Total price vs nearby homes. Likely closing about $387K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$740Kmedian sold price
94%of asking, on average
−5%prices vs a year ago
~22 dayshomes like this take to sell
11days on market so far
$2,134/moest. rent · 278 leases
6.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2 months of inventory: 6 condo apartment homes for sale in the area against 9 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 $616/sqft against an area asking average of $654/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 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $430K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Greensborough, so I widened the search to the surrounding area.

Based on 9 comparable homes that sold in Greensborough over the past two years, from 37 closings there.

What sellers nearby are askingCurrently listed nearby in Greensborough · asking prices
$487kavg 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 $720/sqft; this home lists at $616/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
400kThis home400k399k574k575kThis home vs active comparables

Sold price trend

Median sold price for condos in Markham: $533K in September 2026, down 10% from a year ago, on 676 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. Markham as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$600K61
November 2025$610K53
December 2025$627K34
January 2026$583K40
February 2026$550K53
March 2026$564K54
April 2026$573K68
May 2026$563K52
June 2026$579K88
July 2026$528K61
August 2026$552K60
September 2026$533K52

Neighbourhood & location

Greensborough, 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.

Wismer
$438K
Unionville
$636K
Cathedraltown
$530K
Commerce Valley
$541K
Aileen-Willowbrook
$674K

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
$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 20, 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
From 278 whole-home leases in Greensborough$2,134/mo
$25,608Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,027 to $2,240Typical rent range
~25 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 278 whole-home leases in Greensborough signed at a median of $2,262 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,134. 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.

6.4%
Gross yield
− Property tax $2,087− Condo fees $6,867− Insurance $600− Vacancy & upkeep $2,817Net operating income $13,237

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

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