1607-9 Clegg Road, Markham, ON

Unionville, Markham · MLS® N14030066

$555,000
For Sale
Listed 5 days agoNo offer date stated

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

About this home

Brand New Apartment in Luxury Condominium Complex with Excellent Facilities & 24-Hour Concierge Security by Prominent Builder/Developer closed by Markham Civic Centre, Prominent Schools & University, Shopping Malls, YRT/GO Stations, Highways etc. Upscale Finishings Throughout, Brand Name Appliances, Den can be 2nd Bedroom, Open Concept Practical Layout, High Floor Gorgeous North View, Bright & Spacious.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14030066
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
W.of Warden Ave/S.of Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$467/mo
Exposure
North
Property tax
$2,702 / 2025
Days on market
5
Listing brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.

Rooms

DenFlat0.00 × 0.00 m

laminate · sliding doors

Living RoomFlat0.00 × 0.00 m

laminate · combined w/dining · w/o to balcony

FoyerFlat0.00 × 0.00 m

laminate · closet

Dining RoomFlat0.00 × 0.00 m

laminate · combined w/kitchen · laminate

BedroomFlat0.00 × 0.00 m

laminate · closet · double closet

KitchenFlat0.00 × 0.00 m

laminate · quartz counter · backsplash

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

Unionville, Markham, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,530/mo
$116KIncome needed
4.8×Price ÷ income
$584Weekly cost
$7,575Land 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.

79%mortgage
Mortgage $2,530Property tax $225Condo fee $467Total carry $3,221

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)
$2,455per month

Mortgage amount $444,000 · 4.49% over 25 years

$111,000Down payment (20.0%)
$444,000Loan before insurance
$0CMHC premium
$3,147Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,455
Property tax
$225
Condo / maintenance fees
$467
Heating
$0
Estimated monthly cost
$3,147

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

One-time closing costs

Ontario land transfer tax
$7,575
Estimated closing costs
$7,575

Plus your down payment of $111,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,971/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

$292,486Total interest paid
$736,486Total of all payments
Principal $444,000 Interest $292,486
YearPrincipalInterestBalance
1$9,908$19,551$434,092
2$10,358$19,101$423,734
3$10,828$18,631$412,905
4$11,320$18,139$401,585
5$11,834$17,625$389,751
6$12,371$17,088$377,380
7$12,933$16,526$364,447
8$13,520$15,939$350,927
9$14,134$15,325$336,793
10$14,776$14,684$322,017
11$15,447$14,013$306,570
12$16,148$13,311$290,422
13$16,881$12,578$273,541
14$17,648$11,812$255,893
15$18,449$11,010$237,444
16$19,287$10,173$218,158
17$20,162$9,297$197,995
18$21,078$8,382$176,918
19$22,035$7,425$154,883
20$23,035$6,424$131,847
21$24,081$5,378$107,766
22$25,175$4,285$82,592
23$26,318$3,142$56,274
24$27,512$1,947$28,762
25$28,762$698$0

At the end of your 5-year term

Total paid over the term
$147,297
Principal paid down
$54,249
Interest paid
$93,049
Balance remaining
$389,751

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
2.3%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.

4.4%
Gross yield
− Property tax $2,702− Condo fees $5,599− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,993

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.. MLS®/PropTx.

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