$509K · 1+1 bed Condo Apartment · Unit 120, 8323 Kennedy Road, Markham, Ontario L3R 5W7

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About this home

Very Convenient TOP Living location - South Unionville! West facing unit w/1 Bedroom plus den & Bath & 1 Parking (P2 - V16) and 1 Locker (P2 - 301), Open Balcony! 10' ceiling! Open concept w/lot of sunlight & Floor to Ceiling Window! Modern kitchen w/granite counter, double sink, & backsplash! Laminate all through! Ensuite Laundry (Stack Washer and Dryer)! New painted of entire unit ! Lot of amenities: Gym, 24hrs concierge, Party/Meeting Room, Rooftop garden, & Visitor Parking! Close to New…

Property details

MLS#

N12971598

Status

Buy Now

Property class

Residential Condo & Other

Beds

1+1

Baths

1 full, 0 half

Rooms

4 + 1

Kitchens

Size

600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

Apartment

Type

Condo Apartment

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 3 pc
Family room: No
Central vacuum: No
Ensuite laundry: No
Special designation: Other

View: City

Condo corp #: 1265
Balcony: Open
Locker: Owned
Fees include: Heat Included, CAC Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Kennedy Rd and Hwy 7
Stories: 1
Utilities: —
Laundry: Laundry Room, Ensuite
Interior: None
Parking features: —

Price movement & seller pressure

↓ $30KPrice reduction

MLS shows the seller reduced the asking price by $30,000 (from $539,000 to $509,000).

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $509,000✓ $1,897 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,458/mo

incl. closing costs (yr 1)

Annual total

$53,498

year 1

Mortgage only

$1,931/mo

principal + interest

Beyond mortgage

$1,514/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$101,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$158/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,090/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$42/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,655

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $23,172/yr

Property taxes16% $8,552/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,090/yr

Condo fees11% $6,024/yr

Closing costs10% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,172	$1,931/mo
Government & taxes
Property tax	$1,897	$158/mo
Land transfer tax(closing)	$6,655	$555/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,090	$424/mo
Condo fees
Condo / HOA fees	$6,024	$502/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$53,498	$4,458/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 120

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs