713-18 Rouge Valley Drive, Markham, ON

Unionville, Markham · MLS® N14011820

$790,000
For Sale
Listed 2 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • HIFG FLOOR OF Ph Level , Stunning "York Condos" AT Downtown Markham.
  • Spacious 2 Bedroom + Den, The Den Can Be Used As 3rd Bedrm / Office, 2 Full Baths, Huge Balcony W/Unobstructed View facing to park, 9' Ceiling, Contemporary Laminate...

HIFG FLOOR OF Ph Level , Stunning "York Condos" AT Downtown Markham. Functional Layout! Spacious 2 Bedroom + Den, The Den Can Be Used As 3rd Bedrm / Office, 2 Full Baths, Huge Balcony W/Unobstructed View facing to park, 9' Ceiling, Contemporary Laminate Flr Thru-Out, Customized Appl, Quartz Countertop In Kit, Mbr W/W-I Closet, 42.8' X 5.5' Balcony. Close To All Amenities, Viva At Doorstep, Mins To Cinemas, Shops, Schools. Seeing Is Believing. Don't Miss This Gem.Great property to start on!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14011820
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Warden/Hwy 407
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$816/mo
Exposure
North
Property tax
$3,550 / 2025
Days on market
2
Listing brokerage
EVEREST REALTY LTD.

Rooms

Primary BedroomGround4.18 × 3.29 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

DenGround2.59 × 2.38 m

hardwood floor · french doors

Living RoomGround6.77 × 6.28 m

hardwood floor · combined w/kitchen · w/o to balcony

Bedroom 2Ground3.05 × 3.05 m

hardwood floor · large window · walk-in closet(s)

KitchenGround6.77 × 6.28 m

hardwood floor · modern kitchen · quartz counter

Dining RoomGround6.77 × 6.28 m

hardwood floor · combined w/living · l-shaped room

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$786Klikely sale price

Listed at $790,000. Going by how homes in Unionville have actually closed against their asking prices (about 100%, 63 local closings in 90 days), the likely sale price is near $786K, if it sells. A realistic range is $740K to $851K.

Independent value check: $772K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $718K and $812K).

Why $772K. The typical condo sold in Unionville over the past year went for about $580K (312 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,550 a year; the typical home sold here pays about $2,500.
  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 650 to 749.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$740KBelow recent closings$851KAbove recent closings

Total price vs nearby homes. Likely closing about $786K, from 63 recent closings in this pocket.

The market behind the math:

63sold nearby · 90 days
$542Kmedian sold price
98%of asking, on average
−12%prices vs a year ago
~27 dayshomes like this take to sell
2days on market so far
$3,329/moest. rent · 8 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 39 condo apartment homes for sale in the area against 63 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 $719/sqft against an area asking average of $738/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 63 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $749K. Condition and finishes remain an in-person call.

Based on 3 homes sold in this building over the past 20 months, plus 2 nearby in Unionville, from 500 closings in Unionville.

What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$747kavg 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 $702/sqft; this home lists at $719/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
790kThis home769k729k728k790k718kThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$588K25
November 2025$595K22
December 2025$599K16
January 2026$579K18
February 2026$595K23
March 2026$558K22
April 2026$570K35
May 2026$561K29
June 2026$609K36
July 2026$564K25
August 2026$536K24
September 2026$544K20

Neighbourhood & location

Unionville, 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.

Commerce Valley
$598K
Cathedraltown
$506K
Royal Orchard
$1.64M
Wismer
$502K
Thornhill
$599K

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
$3,601/mo
$165KIncome needed
4.8×Price ÷ income
$831Weekly cost
$12,275Land 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.

76%mortgage
Mortgage $3,601Property tax $296Condo fee $816Total carry $4,712

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,494per month

Mortgage amount $632,000 · 4.49% over 25 years

$158,000Down payment (20.0%)
$632,000Loan before insurance
$0CMHC premium
$4,606Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,494
Property tax
$296
Condo / maintenance fees
$816
Heating
$0
Estimated monthly cost
$4,606

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

One-time closing costs

Ontario land transfer tax
$12,275
Estimated closing costs
$12,275

Plus your down payment of $158,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,229/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

$416,331Total interest paid
$1,048,331Total of all payments
Principal $632,000 Interest $416,331
YearPrincipalInterestBalance
1$14,104$27,830$617,896
2$14,744$27,189$603,153
3$15,413$26,520$587,739
4$16,113$25,820$571,626
5$16,845$25,088$554,781
6$17,610$24,324$537,172
7$18,409$23,524$518,763
8$19,245$22,688$499,518
9$20,119$21,814$479,399
10$21,032$20,901$458,367
11$21,987$19,946$436,379
12$22,986$18,948$413,394
13$24,029$17,904$389,365
14$25,120$16,813$364,244
15$26,261$15,673$337,984
16$27,453$14,480$310,531
17$28,700$13,234$281,831
18$30,003$11,931$251,829
19$31,365$10,568$220,464
20$32,789$9,144$187,675
21$34,278$7,656$153,397
22$35,834$6,099$117,563
23$37,461$4,472$80,102
24$39,162$2,771$40,940
25$40,940$993$0

At the end of your 5-year term

Total paid over the term
$209,666
Principal paid down
$77,219
Interest paid
$132,447
Balance remaining
$554,781

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 8 whole-home leases in Unionville$3,329/mo
$39,948Gross annual rent
2.7%Cap rate after taxes and upkeep
$3,062 to $3,595Typical rent range
~23 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 8 whole-home leases in Unionville signed at a median of $2,325 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,329. 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.

5.1%
Gross yield
− Property tax $3,550− Condo fees $9,790− Insurance $600− Vacancy & upkeep $4,394Net operating income $21,614

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

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