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$450,000
Cascade 2 · 41 Markbrook Lane · Toronto · Ontario M9V 5E6
168 days on market
Great Location! Bright And Spacious 2 Bedrooms and 2 Bathrooms Condo With TTC At The Door. In-suite Laundry And 4PC Bathroom In Prime Bedroom. Laminate Flooring. Close To Humber Collage, York University, 407 ETR, Banks, Mall. Amenities Include Indoor Pool, Sauna, Gym, And Party Room. 1 Parking Included. Reliable Management, Security , And Skyline Views
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $30KPrice reduction
MLS shows the seller reduced the asking price by $30,000 (from $480,000 to $450,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: SUTTON GROUP-ADMIRAL REALTY INC.
Source: TRREB/PROPTX · MLS® W13100018
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $20,486 | $1,707/mo |
| Government & taxes | ||
| Property tax | $1,425 | $119/mo |
| Land transfer tax(closing) | $5,475 | $456/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,500 | $375/mo |
| Condo fees | ||
| Condo / HOA fees | $6,018 | $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 | $47,064 | $3,922/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.