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$649K · 2 bed Condo Apartment · Unit 508, 8323 Kennedy Road, Markham, Ontario L3R 5W7 | HomeSearchCanada

$649,000

Unit 508

46 DOM

2246d

Map

DOM 46

$649,000

DOM46days

Unit 508

8323 Kennedy Road · Markham · Ontario L3R 5W7

MLS® N13652200 · Village Green-South Unionville · L3R 5W7

22OwnerOccupied700-799 ft²Condo Apartment2-car UndergroundNo basement46d$866/ft²$2,615 tax/yrNo basement

46 days on market

About this home

Two Bedrooms. Two Bathrooms. Two Balconies. Two Parking Spots. Good Things Really Do Come In Pairs At South Unionville Square. This Bright Corner Unit Faces South And East, Flooding Every Room With Natural Light And Delivering Unobstructed Views Of The Markham Skyline. One Of The Few Units In The Building With Both An Open Balcony And A Private Terrace - Outdoor Space This Good Is Rare Here. Modern Kitchen With Granite Countertops, Stainless Steel Appliances, And Ceramic Tile. Laminate Flooring…

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Property details

MLS#: N13652200
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 5
Kitchens: 1
Size: 700-799Exact 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: Owner Occupied
Washrooms: 4 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Clear View, Library, Park, Public Transit, Rec./Commun.Centre, School

View: Clear

Condo corp #: 1265
Balcony: Terrace
Locker: Owned
Association amenities: Visitor Parking, Gym, Concierge, BBQs Allowed, Party Room/Meeting Room, Exercise Room
Fees include: Water Included, Heat Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: KENNEDY RD/ HIGHWAY 7
Stories: 4
Utilities: —
Laundry: Ensuite, In-Suite Laundry
Interior: Carpet Free
Parking features: Underground

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: T-ONE GROUP REALTY INC.,

Source: TRREB/PROPTX · MLS® N13652200

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$649K

Unit 508 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $649,000✓ $2,615 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,549/mo

incl. closing costs (yr 1)

Annual total

$66,589

year 1

Mortgage only

$2,462/mo

principal + interest

Beyond mortgage

$1,841/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$129,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$218/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 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%$6,490/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)$54/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,455

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $29,545/yr

Property taxes18% $12,070/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $6,490/yr

Condo fees12% $7,824/yr

Closing costs8% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,545	$2,462/mo
Government & taxes
Property tax	$2,615	$218/mo
Land transfer tax(closing)	$9,455	$788/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%)	$6,490	$541/mo
Condo fees
Condo / HOA fees	$7,824	$652/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	$66,589	$5,549/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 508

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs