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$525K · 3 bed Condo Apartment · Unit 804, 50 Inverlochy Boulevard, Markham, Ontario L3T 4T6 | HomeSearchCanada

$525,000

Unit 804

48 DOM

3248d

Map

DOM 48

$525,000

DOM48days

Unit 804

50 Inverlochy Boulevard · Markham · Ontario L3T 4T6

MLS® N13249802 · Royal Orchard · L3T 4T6

32Vacant1200-1399 ft²Condo Apartment1-car UndergroundNo basement48d$404/ft²$2,479 tax/yrBuilt 198541 yrs oldNo basement

48 days on market

About this home

Welcome to this beautifully 3 bedrooms , 2 full bathroom condo located at 50 Inverlochy Blvd, Markham. This unit is super bright and spacious, featuring an upgraded modern kitchen, an open-concept layout, and a generous living area filled with natural light. Walk out to a private balcony through a sliding door. Perfect for relaxing or entertaining. The unit includes 1 parking space and offers exceptional value with a maintenance fee that covers all utilities, including electricity, water, heat,…

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Property details

MLS#: N13249802
Status: Buy Now
Property class: Residential Condo & Other
Beds: 3
Baths: 2 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: 1985

Occupancy: Vacant
Washrooms: 4 pc · Flat; 3 pc · Flat
Family room: Family room
Central vacuum: No
Ensuite laundry: No

Roof: Unknown
Foundation: Concrete
Property features: Clear View, Park, Public Transit, School

View: City

Condo corp #: 300
Balcony: Open
Locker: None
Association amenities: Gym, Indoor Pool, Party Room/Meeting Room, Tennis Court, Visitor Parking, Game Room
Fees include: Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Parking 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: Brick · Landscaped, Lighting, Privacy
Fronting on: —
Cross street: Yonge / Royal Orchard
Stories: 8
Utilities: —
Laundry: Inside, Laundry Closet
Interior: Carpet Free, Primary Bedroom - Main Floor
Parking features: Private

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: ROYAL LEPAGE TERREQUITY REALTY

Source: TRREB/PROPTX · MLS® N13249802

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$525K

Unit 804 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $525,000✓ $2,479 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,256/mo

incl. closing costs (yr 1)

Annual total

$63,073

year 1

Mortgage only

$1,992/mo

principal + interest

Beyond mortgage

$2,225/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$207/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 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%$5,250/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)$96/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $23,900/yr

Property taxes15% $9,454/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance8% $5,250/yr

Condo fees22% $13,809/yr

Closing costs8% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,900	$1,992/mo
Government & taxes
Property tax	$2,479	$207/mo
Land transfer tax(closing)	$6,975	$581/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%)	$5,250	$438/mo
Condo fees
Condo / HOA fees	$13,809	$1,151/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	$63,073	$5,256/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 804

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