1009-89 South Town Centre Boulevard, Markham, ON

Unionville, Markham · MLS® N14087550

$588,000
For Sale
Listed 3 days agoNo offer date stated
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1+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome To The Luxurious Fontana Condos In The Heart Of Downtown Markham.
  • Enjoy An Open-Concept Living Area With Walk-Out To A Private Balcony, A Modern Kitchen With Granite Countertops And Stainless Steel Appliances, And A Generous Primary...
  • Exceptional Building Amenities Include 24-Hour Concierge, Indoor Swimming Pool, Gym, Basketball/Badminton Court, Party Room And Visitor Parking.
  • Unbeatable Location Just Steps To Viva Transit, Shopping, Restaurants, Entertainment And Markham Civic Centre.
  • Minutes To Unionville High School And Highways 404 & 407.

Welcome To The Luxurious Fontana Condos In The Heart Of Downtown Markham! This Bright And Spacious 712 Sq.Ft. Suite Features A Highly Functional 1 Bedroom + Separate Den Layout With 2 Full Bathrooms. The Versatile Den Can Easily Be Used As A Second Bedroom Or Home Office. Enjoy An Open-Concept Living Area With Walk-Out To A Private Balcony, A Modern Kitchen With Granite Countertops And Stainless Steel Appliances, And A Generous Primary Bedroom With Walk-In Closet And 4-Piece Ensuite. One Underground Parking Space And One Locker Included! Exceptional Building Amenities Include 24-Hour Concierge, Indoor Swimming Pool, Gym, Basketball/Badminton Court, Party Room And Visitor Parking. Unbeatable Location Just Steps To Viva Transit, Shopping, Restaurants, Entertainment And Markham Civic Centre. Minutes To Unionville High School And Highways 404 & 407. An Excellent Opportunity For First-Time Buyers, Young Professionals, Downsizers And Investors. Don't Miss It!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14087550
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Hwy 7 & Warden
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$494/mo
Exposure
North
Property tax
$2,521 / 2026
Days on market
3
Listing brokerage
RE/MAX PARTNERS REALTY INC.

Rooms

FoyerGround2.82 × 1.60 m

laminate · closet

KitchenGround3.66 × 2.29 m

laminate · b/i appliances · granite counters

Living RoomGround3.56 × 3.05 m

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

Primary BedroomGround3.51 × 3.05 m

laminate · walk-in closet(s) · 4 pc ensuite

DenGround2.29 × 2.21 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Unionville · asking prices
$579kavg 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 $798/sqft; this home lists at $785/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
588kThis home588k596k575k540k599kThis home vs active comparables

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
$541K
Cathedraltown
$530K
Aileen-Willowbrook
$674K
Royal Orchard
$1.64M
Wismer
$438K

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
$2,680/mo
$121KIncome needed
4.8×Price ÷ income
$618Weekly cost
$8,235Land 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 $2,680Property tax $210Condo fee $494Total carry $3,384

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)
$2,601per month

Mortgage amount $470,400 · 4.49% over 25 years

$117,600Down payment (20.0%)
$470,400Loan before insurance
$0CMHC premium
$3,305Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,601
Property tax
$210
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$3,305

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

One-time closing costs

Ontario land transfer tax
$8,235
Estimated closing costs
$8,235

Plus your down payment of $117,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,148/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

$309,877Total interest paid
$780,277Total of all payments
Principal $470,400 Interest $309,877
YearPrincipalInterestBalance
1$10,497$20,714$459,903
2$10,974$20,237$448,929
3$11,472$19,739$437,457
4$11,993$19,218$425,463
5$12,538$18,673$412,926
6$13,107$18,104$399,819
7$13,702$17,509$386,117
8$14,324$16,887$371,793
9$14,974$16,237$356,818
10$15,654$15,557$341,164
11$16,365$14,846$324,799
12$17,108$14,103$307,691
13$17,885$13,326$289,806
14$18,697$12,514$271,109
15$19,546$11,665$251,563
16$20,433$10,778$231,129
17$21,361$9,850$209,768
18$22,331$8,880$187,437
19$23,345$7,866$164,092
20$24,405$6,806$139,687
21$25,513$5,698$114,174
22$26,671$4,540$87,503
23$27,882$3,329$59,620
24$29,148$2,063$30,472
25$30,472$739$0

At the end of your 5-year term

Total paid over the term
$156,055
Principal paid down
$57,474
Interest paid
$98,581
Balance remaining
$412,926

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$2,400/mo
$28,800Gross annual rent
2.8%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.

4.9%
Gross yield
− Property tax $2,521− Condo fees $5,932− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,579

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

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