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Condo ApartmentListed 61 days ago

$468,000

61 Markbrook Lane ph08, Toronto, ON M9V 5E7

Mount Olive-Silverstone-Jamestown · Toronto · M9V 5E7

Listing brokerage: RE/MAX GOLD REALTY INC.

Beds
2
Baths
2
Sq ft
1000–1199
Parking
1

Monthly costs

Maintenance

$551/mo

$0.52 per sq ft

Property taxes

$108/mo

$1,300 a year (2025)

About $659 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
North
Parking
1 spot
Locker
None
Balcony
Open
Laundry
In Area
Possession
Immediate

The building

Cascades Ⅰ

61 Markbrook Ln · Mount Olive | Silverstone | Jamestown

  • 3 for sale
  • 1 for rent
  • 18 floors

About this home

Penthouse Unit with beautiful sky view! Sun-drenched, freshly painted 2-bedroom, 2-full-bath corner unit offering over 1,100sq. ft. of functional living space. An upgraded kitchen complete with sleek Quartz countertops, stainless-steel appliances, and generous storage. Extra perimeter windows fill every room with natural light. Building features resort-style amenities: 24/7 concierge security, indoor pool, gym, sauna, squash courts, and party room. Includes 1 owned parking space, and ensuite laundry. Unbeatable location right on Steeles Ave-steps to TTC, top schools, shopping, and minutes to major highways. Perfect forfirst-time buyers, downsizers, or investors!

All details22 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
5
Size
1000-1199 sq ft
Fireplace
Electric

Building & Amenities

Floor
19
Property management
Summerhill Property Management

Heating & Cooling

Heating
Forced Air
Heat source
Electric
Cooling
Central Air

Parking

Covered spaces
1

Exterior & Lot

Style
Other
Exterior
Brick, Concrete

Taxes & Fees

HST
Included In

Listing

MLS® number
W13677606
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Mount Olive-Silverstone-Jamestown
Cross streets
Steeles Ave W & Kipling Ave
Rooms · 2Washroom ×2
  • 3-piece washroom

    Main

  • 4-piece washroom

    Main

History

Past listings and sales for this home and building.

Location

61 Markbrook Lane ph08, Toronto, ON M9V 5E7 · Near Steeles Ave W & Kipling Ave

Monthly cost

Estimated monthly cost

$2,732/mo

Mortgage
$2,072
Property tax
$108
Maintenance
$551
Down payment$93,600 · 20%
Interest rate4.50%

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

$107,504

$93,600 down + $13,904 to $15,154 in closing costs

Ontario land transfer tax
$5,835
Toronto land transfer tax
$5,835
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$64
Condo fee adjustment
$320

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

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$468,000

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