9700 Ninth Line Road Unit 515, Markham

Price: $469,999

2 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: N13131162

Bright & Modern 1+Den Condo In The Sought-After Canvas On The Rouge By FLATO Developments! This Well-Appointed 630 Sq Ft Suite Features A Functional Open-Concept Layout, Spacious Den Ideal For A Home Office Or Guest Space, And A Private South-Facing Balcony Offering Plenty Of Natural Light. Includes 1 Parking Space & 1 Locker For Added Convenience. Enjoy Contemporary Finishes Throughout And Access To Exceptional Building Amenities Including An Exercise Room, Whirlpool/Spa, Party Room, Rooftop Patio, Guest Suites & More. Conveniently Located Close To Transit, Shopping, Parks, Trails, And Major Highways. Perfect Opportunity For First-Time Buyers, Investors, Or Downsizers!

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$469,999 - 9700 Ninth Line Road Unit 515, Markham

New Construction for Sale in Markham

2Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
N13131162
Property Type
New Construction
Status
active
Days on Site
30
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

Bright & Modern 1+Den Condo In The Sought-After Canvas On The Rouge By FLATO Developments! This Well-Appointed 630 Sq Ft Suite Features A Functional Open-Concept Layout, Spacious Den Ideal For A Home Office Or Guest Space, And A Private South-Facing Balcony Offering Plenty Of Natural Light. Includes 1 Parking Space & 1 Locker For Added Convenience. Enjoy Contemporary Finishes Throughout And Access To Exceptional Building Amenities Including An Exercise Room, Whirlpool/Spa, Party Room, Rooftop Patio, Guest Suites & More. Conveniently Located Close To Transit, Shopping, Parks, Trails, And Major Highways. Perfect Opportunity For First-Time Buyers, Investors, Or Downsizers!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,411.34/mo

Includes CMHC insurance ($13,113)

$
$
5%10%50%

5-yr fixed avg.

Principal: $422,999Interest: $287,289
Mortgage Amount$436,112
Total Interest$287,289
Est. Property Tax$333/mo
Total Cost$723,401

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markham

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

9700 Ninth Line Road Unit 515, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,969

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $783/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    9700 Ninth Line Road Unit 515… — $469,999 | Battaglia Team