9700 Ninth Line Unit 506, Markham

Price: $625,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13139518

Bright and modern 2-bedroom, 2-bathroom condo offering comfortable living with breathtaking pond views right from your balcony. Featuring a spacious open-concept layout filled with natural light, this unit combines style and functionality with a sleek kitchen, and well-sized bedrooms including a private primary ensuite. Wake up to peaceful water views and enjoy a lifestyle that blends nature with convenience. Condo includes gym, whirlpool, party room and roof top terrace. Located in one of Markham's growing communities, residents are just minutes from Markham Stouffville Hospital, Cornell Community Centre, top-rated schools, parks, walking trails, grocery stores, restaurants, banks, and major shopping plazas. Commuters will love the easy access to Highway 407, Mount Joy GO Station, and the Cornell Bus Terminal with direct routes to Downtown Toronto, York University, and Ontario Tech University. A perfect opportunity for first-time buyers, downsizers, or investors looking for a bright and well-connected home in a prime location.

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$625,000 - 9700 Ninth Line Unit 506, Markham

Condo for Sale in Markham

2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13139518
Property Type
Condo
Status
active
Days on Site
27
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
ANJIA REALTY
Description

Bright and modern 2-bedroom, 2-bathroom condo offering comfortable living with breathtaking pond views right from your balcony. Featuring a spacious open-concept layout filled with natural light, this unit combines style and functionality with a sleek kitchen, and well-sized bedrooms including a private primary ensuite. Wake up to peaceful water views and enjoy a lifestyle that blends nature with convenience. Condo includes gym, whirlpool, party room and roof top terrace. Located in one of Markham's growing communities, residents are just minutes from Markham Stouffville Hospital, Cornell Community Centre, top-rated schools, parks, walking trails, grocery stores, restaurants, banks, and major shopping plazas. Commuters will love the easy access to Highway 407, Mount Joy GO Station, and the Cornell Bus Terminal with direct routes to Downtown Toronto, York University, and Ontario Tech University. A perfect opportunity for first-time buyers, downsizers, or investors looking for a bright and well-connected home in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,206.57/mo

Includes CMHC insurance ($17,438)

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5-yr fixed avg.

Principal: $562,500Interest: $382,035
Mortgage Amount$579,938
Total Interest$382,035
Est. Property Tax$443/mo
Total Cost$961,972

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 Unit 506, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$443
Insurance (est.)-$130
Net Cash Flow+$1,172

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

Fair Market Value

At $893/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 27 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 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.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    MLS# N13139518 — 9700 Ninth Line Unit 506, Markh… | Battaglia Team