$589,000
61 Markbrook Lane 706, Toronto, ON M9V 5E7
Mount Olive-Silverstone-Jamestown · Toronto · M9V 5E7
Listing brokerage: RIGHT AT HOME REALTY
- Beds
- 2
- Baths
- 2
- Sq ft
- 1000–1199
- Parking
- 2
Monthly costs
Maintenance
$721/mo
$0.69 per sq ft
Property taxes
$143/mo
$1,719 a year (2026)
About $864 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Water
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South
- Parking
- 2 spots · Underground
- Locker
- None
- Balcony
- Terrace
- Laundry
- Ensuite
- Possession
- Immediate possession available.
The building
Cascades Ⅰ
61 Markbrook Ln · Mount Olive | Silverstone | Jamestown
- 3 for sale
- 1 for rent
- 18 floors
About this home
A Rare Entertainer's Dream with Over 2,000 Sq. Ft. of Indoor & Outdoor Terrace Living. Downsize Your House, Upgrade Your Life! Welcome to Unit 706 at Cascades 1, offering approximately 2,000 sq. ft. of combined indoor and outdoor living space, including a spectacular private terrace of over 900 sq. ft.-a rare find in condominium living. This bright 2-bedroom plus solarium features a spacious open-concept layout and exceptional natural light. With South and Southeast exposure, the suite enjoys full-day sun and unobstructed panoramic views of the protected Humber River Valley, Humber River, lush greenery, and peaceful walking trails of Rowntree Mills Park. The expansive private terrace is a true outdoor extension of the home, ideal for entertaining, alfresco dining, gardening, or simply relaxing and enjoying the sunshine and views. The apartment is furnished and rental-ready, with beds and furnishings already in place-an excellent turnkey opportunity for an investor, executive occupant, or buyer seeking a move-in-ready home. Enjoy carefree condo living with outstanding amenities including an indoor swimming pool, squash courts, fitness facility, sauna, and 24-hour security. The unit also includes two indoor parking spaces. Conveniently located close to York University and Humber College, shopping, parks, and nature trails. A rare opportunity combining exceptional indoor/outdoor space, sunlight, privacy, panoramic views, two indoor parking spaces, and a turnkey furnished residence. Downsize your house. Upgrade your lifestyle. Come experience Unit 706 at Cascades 1.
All details27 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Size
- 1000-1199 sq ft
Features
- Carpet Free
- Water Heater
Building & Amenities
- Elevator
- Yes
- Floor
- 7
- Property management
- GPM Property Management Inc.
Amenities
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
- Sauna
- Squash/Racquet Court
- Playground
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Electric
- Cooling
- Central Air
Parking
- Covered spaces
- 2
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
- Waterfront
- Indirect
- Water body
- Humber River
- View
- City, Clear, Panoramic, Park/Greenbelt, River, Trees/Woods, Valley
Taxes & Fees
- HST
- Not Subject to HST
Listing
- MLS® number
- W14032958
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Mount Olive-Silverstone-Jamestown
- Cross streets
- Kipling and Steeles West.
Rooms · 11Primary Bedroom, Bedroom 2, Dining Room, Living Room, Solarium, Kitchen, Bathroom ×2, Laundry, Washroom ×2
Primary Bedroom
5.97 × 4.77 m · 19′7″ × 15′8″
3 Pc Ensuite, Walk-Out, Combined w/Laundry
Bedroom 2
3.85 × 3.75 m · 12′8″ × 12′4″
Closet, Large Window, Carpet Free
Dining Room
2.30 × 2.50 m · 7′7″ × 8′2″
Living Room
3.72 × 2.52 m · 12′2″ × 8′3″
Parquet
Solarium
3.00 × 2.52 m · 9′10″ × 8′3″
Laminate, Window Floor to Ceiling
Kitchen
2.70 × 2.83 m · 8′10″ × 9′3″
Ceramic Floor
Bathroom
2.40 × 1.60 m · 7′10″ × 5′3″
3 Pc Ensuite, Ceramic Floor
Bathroom
2.74 × 1.54 m · 9′0″ × 5′1″
Ceramic Floor
Laundry
2.60 × 2.80 m · 8′6″ × 9′2″
3-piece washroom
3-piece washroom
History
Past listings and sales for this home and building.
Location
61 Markbrook Lane 706, Toronto, ON M9V 5E7 · Near Kipling and Steeles West.
Monthly cost
Estimated monthly cost
$3,472/mo
- Mortgage
- $2,608
- Property tax
- $143
- Maintenance
- $721
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$136,663
$117,800 down + $18,863 to $20,113 in closing costs
- Ontario land transfer tax
- $8,255
- Toronto land transfer tax
- $8,255
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $85
- Condo fee adjustment
- $419
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
Other homes in Cascades Ⅰ
4
$2,100/mo
Unit 1110
1 bd · 2 ba · 700-799 sq ft
Listing brokerage: INTERCITY REALTY INC.
$449,000
Unit 112
1 + Den · 2 ba · 900-999 sq ft
Listing brokerage: CENTURY 21 PARAMOUNT REALTY INC.
$468,000
Unit ph08
2 bd · 2 ba · 1000-1199 sq ft
Listing brokerage: RE/MAX GOLD REALTY INC.
$422,950
Unit 1210
1 bd · 2 ba · 700-799 sq ft
Listing brokerage: ROYAL LEPAGE URBAN REALTY
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$589,000
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