9700 Ninth Line Unit 503, Markham

Price: $399,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13578418

Beautiful 1-bedroom, 1-bathroom unit featuring a spacious open-concept living and dining area, perfect for comfortable living and entertaining. The modern kitchen comes complete with appliances, and sleek laminate flooring runs throughout the unit, offering both style and easy maintenance. The building offers excellent amenities including 24-hour security, visitor parking, a fully equipped exercise room, jacuzzi spa, party room, and a rooftop terrace. Residents can also enjoy access to a nearby hiking trail, ideal for outdoor enthusiasts. Conveniently located just steps from public transit, with excellent schools nearby and only about 5 minutes from Markham Stouffville Hospital. Close to shopping malls, restaurants, banks, and a supermarket, making everyday living easy and convenient. A great opportunity for first-time buyers, investors, or anyone looking for a comfortable home in a prime location.

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$399,000 - 9700 Ninth Line Unit 503, Markham

Condo for Sale in Markham

37 days on market

Neighbourhood: Greensborough

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13578418
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
CANADIAN REAL ESTATE GROUP INC.
Description

Beautiful 1-bedroom, 1-bathroom unit featuring a spacious open-concept living and dining area, perfect for comfortable living and entertaining. The modern kitchen comes complete with appliances, and sleek laminate flooring runs throughout the unit, offering both style and easy maintenance. The building offers excellent amenities including 24-hour security, visitor parking, a fully equipped exercise room, jacuzzi spa, party room, and a rooftop terrace. Residents can also enjoy access to a nearby hiking trail, ideal for outdoor enthusiasts. Conveniently located just steps from public transit, with excellent schools nearby and only about 5 minutes from Markham Stouffville Hospital. Close to shopping malls, restaurants, banks, and a supermarket, making everyday living easy and convenient. A great opportunity for first-time buyers, investors, or anyone looking for a comfortable home in a prime location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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: Greensborough

Discover Greensborough

Greensborough 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 Greensborough

  • 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

Greensborough 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 503, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,044

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 $665/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 37 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 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.

About Greensborough

I know Greensborough well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 503, Markham | $399,000 | Battaglia Team