325-50 Clegg Road, Markham, ON

Unionville, Markham · MLS® N14089984

$488,000
For Sale
Listed 2 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to this Bright & Spacious 1+Den Condo at Majestic Court in Sought-After Unionville Markham.
  • Primary Bedroom Offers a Large Walk-In Closet & Pot Lights.
  • Open-Concept Living & Kitchen Area with Walk-Out to the Balcony from Both the Living Room & Bedroom.
  • Ideally Located within the Top-Ranked Unionville High School Boundary and just Steps to VIVA Transit, Liberty Square, Markham Civic Centre; Close to First Markham...
  • Enjoy Fantastic Building Amenities with Low Maintenance Fees, Including 24-Hour Concierge, Indoor Pool, Gym, Party & Meeting Rooms, Guest Suites, Ample Visitor...

Welcome to this Bright & Spacious 1+Den Condo at Majestic Court in Sought-After Unionville Markham! Approx. 738 Sq Ft with A Functional Layout. The Den Features a Door And Can Be Used As a 2nd Bedroom. Primary Bedroom Offers a Large Walk-In Closet & Pot Lights. Open-Concept Living & Kitchen Area with Walk-Out to the Balcony from Both the Living Room & Bedroom. Newer Flooring (2025) throughout. Ideally Located within the Top-Ranked Unionville High School Boundary and just Steps to VIVA Transit, Liberty Square, Markham Civic Centre; Close to First Markham Place, Downtown Markham, Restaurants, Cafes, Supermarkets & Everyday Conveniences. Easy Access to Hwy 404/407, GO Transit & York University Markham Campus. Enjoy Fantastic Building Amenities with Low Maintenance Fees, Including 24-Hour Concierge, Indoor Pool, Gym, Party & Meeting Rooms, Guest Suites, Ample Visitor Parking & More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14089984
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Warden/Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$530/mo
Exposure
North
Property tax
$2,405 / 2026
Days on market
2
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
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

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
$563K
Cathedraltown
$530K
Aileen-Willowbrook
$674K
Royal Orchard
$1.76M
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
$2,224/mo
$105KIncome needed
4.7×Price ÷ income
$513Weekly cost
$6,235Land 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.

75%mortgage
Mortgage $2,224Property tax $200Condo fee $530Total carry $2,954

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)
$2,159per month

Mortgage amount $390,400 · 4.49% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$2,889Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,159
Property tax
$200
Condo / maintenance fees
$530
Heating
$0
Estimated monthly cost
$2,889

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

One-time closing costs

Ontario land transfer tax
$6,235
Estimated closing costs
$6,235

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,613/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

$257,177Total interest paid
$647,577Total of all payments
Principal $390,400 Interest $257,177
YearPrincipalInterestBalance
1$8,712$17,191$381,688
2$9,108$16,795$372,580
3$9,521$16,382$363,059
4$9,953$15,950$353,106
5$10,405$15,498$342,700
6$10,878$15,025$331,823
7$11,372$14,531$320,451
8$11,888$14,015$308,563
9$12,428$13,475$296,135
10$12,992$12,911$283,143
11$13,582$12,321$269,561
12$14,199$11,704$255,362
13$14,843$11,060$240,519
14$15,517$10,386$225,002
15$16,222$9,681$208,780
16$16,958$8,945$191,822
17$17,728$8,175$174,093
18$18,533$7,370$155,560
19$19,375$6,528$136,185
20$20,254$5,649$115,931
21$21,174$4,729$94,757
22$22,135$3,768$72,621
23$23,140$2,763$49,481
24$24,191$1,712$25,290
25$25,290$614$0

At the end of your 5-year term

Total paid over the term
$129,515
Principal paid down
$47,700
Interest paid
$81,816
Balance remaining
$342,700

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
3.3%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.

5.9%
Gross yield
− Property tax $2,405− Condo fees $6,357− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,269

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

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