312-20 Fred Varley Drive, Markham, ON
Unionville, Markham · MLS® N13880080
About this home
In short
- EV ParkingVirtual Tour with Staging Available! Welcome to The Varley Condos in prestigious Unionville.
- Bright and spacious 1 Bedroom + Den featuring a functional open-concept layout and a large den overlooking the rooftop garden-ideal for a home office, guest space, or...
- Steps to Main Street Unionville, Toogood Pond Park, shops, restaurants, parks, and transit.
*EV Parking*Virtual Tour with Staging Available!* Welcome to The Varley Condos in prestigious Unionville! Bright and spacious 1 Bedroom + Den featuring a functional open-concept layout and a large den overlooking the rooftop garden-ideal for a home office, guest space, or flexible living area. Modern kitchen with built-in appliances and ample storage. Generous bedroom with built-in closets and ensuite bath. **Includes a premium parking space with a dedicated EV charger-a rare and highly desirable feature in condominium living.** Enjoy amenities including a fitness centre, rooftop garden with BBQ area, and more. Steps to Main Street Unionville, Toogood Pond Park, shops, restaurants, parks, and transit. Move-in ready and located in one of Unionville's most sought-after communities!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13880080
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Highway 7 & Kennedy Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $607/mo
- Exposure
- North
- Property tax
- $2,026 / 2026
- Days on market
- 11
- Listing brokerage
- BAY STREET GROUP INC.
Rooms
large window · combined w/living · overlooks garden
open concept · hardwood floor
large window · b/i closet · north view
family size kitchen · b/i appliances · quartz counter
combined w/dining · open concept · w/o to balcony
Listed at $619,900. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 67 local closings in 90 days), the likely sale price is near $617K, if it sells. A realistic range is $581K to $668K.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $617K, from 67 recent closings in this pocket.
The market behind the math:
About 2.6 months of inventory: 59 condo apartment homes for sale in the area against 67 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $954/sqft against an area asking average of $803/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 67 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $459K. 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
Based on 67 comparable homes that sold in Unionville over the past two years, from 502 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $851/sqft; this home lists at $954/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $588K | 25 |
| November 2025 | $595K | 22 |
| December 2025 | $599K | 16 |
| January 2026 | $579K | 18 |
| February 2026 | $595K | 23 |
| March 2026 | $558K | 22 |
| April 2026 | $570K | 35 |
| May 2026 | $561K | 29 |
| June 2026 | $609K | 36 |
| July 2026 | $564K | 25 |
| August 2026 | $536K | 24 |
| September 2026 | $544K | 20 |
Neighbourhood & location
Unionville, Markham, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.
Mortgage amount $495,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,742
- Property tax
- $169
- Condo / maintenance fees
- $607
- Heating
- $0
- Estimated monthly cost
- $3,518
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,873
- Estimated closing costs
- $8,873
Plus your down payment of $123,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $164,522
- Principal paid down
- $60,592
- Interest paid
- $103,929
- Balance remaining
- $435,328
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 444 whole-home leases in Unionville signed at a median of $2,401 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,305. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.