9700 Ninth Line Unit 716, Markham

Price: $499,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N12960102

Spacious 1+1 Unit In an exceptional complex, Built located in the prime location of Cornell and offers bright & open concept living area with a large enclosedb Balcony, Modern kitchen, functional den is perfect for office/2nd Bedroom. Spacious master w/large window, w/I Closet. One parking space and one locker! Access to a range of building amenities such as visitor parking, an exercise room, a jacuzzi spa room, a party room, a rooftop terrace, and the added security of a concierge service , Just minutes from community center ,Stouffville Hospital, transit, and shops.

9700 Ninth Line Unit 716 - Condo photo 1 of 11 in Markham, Ontario
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$499,000 - 9700 Ninth Line Unit 716, Markham

Condo for Sale in Markham

71 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N12960102
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Spacious 1+1 Unit In an exceptional complex, Built located in the prime location of Cornell and offers bright & open concept living area with a large enclosedb Balcony, Modern kitchen, functional den is perfect for office/2nd Bedroom. Spacious master w/large window, w/I Closet. One parking space and one locker! Access to a range of building amenities such as visitor parking, an exercise room, a jacuzzi spa room, a party room, a rooftop terrace, and the added security of a concierge service , Just minutes from community center ,Stouffville Hospital, transit, and shops.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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 716, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,353

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 $832/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.

Negotiation Opportunity

At 71 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 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 Unit 716, Markham | $499,000 | Battaglia Team