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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N13787890For SaleCondominium

302-51 Times Ave

Commerce Valley, Markham, Ontario L3T 7X7

Map
1 / 24
302-51 Times Ave, Markham, photo 1
Asking$698,888
Bedrooms
2+1
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$636at the range’s middle
Tax a year
$2,6782026 tax year
Parking
11 underground
Days on market
Members

The brief

About 302-51 Times Ave

302-51 Times Ave is a 2+1-bedroom, 2-bathroom condo in Commerce Valley, Markham, listed for sale at an asking price of $698,888 (MLS® N13787890).

Prime Location In The Heart Of Markham At Hwy 7 & Leslie! Fully Renovated In 2023 Including All New Stainless-Steel Appliances! Bright & Spacious 2 Bedroom + Den With A Modern Open-Concept Layout, Quartz Countertops, Premium Finishes & Upgraded Lighting. Large Primary Bedroom With Walk-In Closet & 3-Pc Ensuite. Den Ideal For Home Office Or Guest Room. All Utilities Included - Heat, CAC, Water, Hydro, Cable TV, Parking & Locker! Steps To Shops, Restaurants, Parks & All Amenities. Minutes To Viva Transit, Langstaff GO, Hwy 404/407 & Top Schools. Move-In Ready! Perfect For Families, Professionals & Investors. Shows 10+!

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,074/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 6 homes with 3 bedrooms for lease in Commerce Valley right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,678 / 2026
MLS® number
N13787890
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: KELLER WILLIAMS EMPOWERED REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Commerce Valley
Municipality
Markham

Building

Size
1000-1199 sqft
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 3pc, 1 × 3pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, Stove, Dishwasher, Washer And Dryer, Light Fixtures, One Locker And One Parking
Condo maint.
$1,187

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 302-51 Times Ave, Markham, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$698,888N/AFor SaleN13787890

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $139,778

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$139,778
Total mortgage amount
$559,110
Total interest payment
$397,590
Total purchase cost
$1,096,478
Mortgage payment
$3,189/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

47%

Monthly carrying cost

$4,599
−$1,074per month
  • Rent $3,525
  • Shortfall $1,074

Rental income opens at $3,525, the median asking rent of 6 comparable homes for lease in Commerce Valley. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$10,453
Total land transfer tax
$10,453
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$6,453
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $698,888
$5,978
Ontario total
$10,453

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 8.8 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 2.3 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m7 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 8.8 m below ground nearbyThe middle water level in the well records within 500 m (47 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 2.3 km2.3 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Protenergy Natural Foods Corp., 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Condos for sale in Commerce Valley right now

For sale now
44
Median asking price
$592K

Middle half: $536K to $699K

New in 7 days
7

20 in 28 days

Price cuts
23%

10 listings

This home is asking 18% above the median.

See all homes in Commerce Valley

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Highway 7 / ValleymedeYRT bus rapid transit: Viva Purple200 m
Highway 7 / Chalmers RdYRT bus rapid transit: Viva Purple500 m
Highway 7 / West Beaver CreekYRT bus rapid transit: Viva Purple500 m
Highway 7 / LeslieYRT bus rapid transit: Viva Purple850 m
Langstaff GOGO Transit train: Richmond Hill2.5 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Adrienne Clarkson Public SchoolYork Region DSBPublic · grades 1–8 · French Immersion1.1 km96%Grade 6 average
Willowbrook Public SchoolYork Region DSBPublic · grades JK–81.4 km83%Grade 6 average
St Rene Goupil-St Luke Catholic Elementary SchoolYork CDSBCatholic · grades JK–81.8 km92%Grade 6 average
ÉÉC Sainte-Marguerite-Bourgeoys-MarkhamConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–83.8 km95%Grade 3 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Robert Catholic High SchoolYork CDSBCatholic · grades 9–121.2 km92%Grade 9 math
Thornlea Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion1.5 km78%Grade 9 math
Langstaff Secondary SchoolYork Region DSBPublic · grades 9–12 · French Immersion3.9 km53%Grade 9 math
École secondaire Norval-MorrisseauConseil scolaire ViamondeFrench-language public · grades 9–125.8 km90%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Commerce Valley are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record