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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13675878For SaleCondominium

112-61 Markbrook Lane

Mount Olive-Silverstone-Jamestown, Toronto, Ontario M9V 5E7

Map
1 / 23
112-61 Markbrook Lane, Toronto, photo 1
Asking$449,000
Bedrooms
1+1
Bathrooms
2
Size
900–999sq ft
Per sq ft
$473at the range’s middle
Tax a year
$1,2952026 tax year
Parking
11 underground
Days on market
Members

The brief

About 112-61 Markbrook Lane

112-61 Markbrook Lane is a 1+1-bedroom, 2-bathroom condo in Mount Olive-Silverstone-Jamestown, Toronto, listed for sale at an asking price of $449,000 (MLS® W13675878).

Welcome to Etobicoke Cascades I! This beautifully upgraded first-floor corner suite offers exceptional convenience with no elevator required and the comfortable feel of bungalow living. Featuring one spacious bedroom and a den that could serve as a second bedroom, two bathrooms, and a bright solarium currently used as a home office, the suite boasts a desirable split-bedroom layout and expansive picture windows showcasing panoramic southeast views. The modern kitchen features updated cabinetry, stainless steel appliances-including a refrigerator, stove, dishwasher and microwave-plus a dedicated coffee station. Additional improvements include updated bathroom vanities and low-flow toilets. Enjoy abundant natural light and peaceful views overlooking the landscaped gardens, gazebo and ravine. Building amenities, nearby walking and cycling trails, transit at your doorstep and an elementary school within walking distance make this an ideal place to call home.

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Covers costs

    +$78/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 condos with 2 bedrooms for lease in Mount Olive-Silverstone-Jamestown 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
$1,295 / 2026
MLS® number
W13675878
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
900-999 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: CENTURY 21 PARAMOUNT REALTY INC.Data 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
Mount Olive-Silverstone-Jamestown
Municipality
Toronto

Building

Size
900-999 sqft
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 2pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air, Window Unit
Heating Type
Forced Air

Additional

Fireplace
No
Den
Yes
Family room
Yes
Extras
All appliances - Fridge, washing machine, dryer, stove, fan microwave
Condo maint.
$440

Rooms

RoomSizeFeaturesLevel
Living3.35 × 4.88 mLaminate, Combined W/Dining, Large WindowFlat
Dining2.44 × 3.35 mLaminate, WindowFlat
Kitchen2.13 × 3.96 mVinyl Floor, Stainless Steel ApplFlat
Primary3.35 × 4.27 mLaminate, 4 Pc Ensuite, ClosetFlat
Den2.47 × 3.81 mLaminate, French Doors, WindowFlat
Solarium2.15 × 3.35 mCeramic FloorFlat

Listing history

Buy/sell history for 112-61 Markbrook Lane, Toronto, 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$449,000N/APcW13675878

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $89,800

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
$89,800
Total mortgage amount
$359,200
Total interest payment
$255,500
Total purchase cost
$704,500
Mortgage payment
$2,049/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

17%

Monthly carrying cost

$2,597
$78per month
  • Carrying cost $2,597
  • Surplus $78

Rental income opens at $2,675, the median asking rent of 8 comparable homes for lease in Mount Olive-Silverstone-Jamestown. 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
$5,455
Toronto municipal land transfer tax
$5,455
Total land transfer tax
$10,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$2,435
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 $449,000
$980
Ontario total
$5,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,455.

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

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RAC (au67.0) (x95)

By-law

569-2013

Municipality

Toronto
Residential Apartment Commercial zone (RAC)
  1. 1 au67.0

    Lot area: at least u67.0 m² per dwelling unit.

  2. 2 x95

    Site-specific exception 95: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(95)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

1 building permit cleared at this address in the City’s file.

  • Backflow Prevention Devices (Water only)Closed

    Install backflow preventor

    Issued November 6, 2014

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 2 open development applications within 800 m of this home.

  • 12 HILLSIDE RDOfficial plan or zoning amendmentAppeal Received

    Proposed construction of a 2-storey single detached dwelling with an attached garage. The proposed building (with garage) will provide an approximate GFA of 445.44m2. The garage area is proposing to be constructed within the easement area to improve access to the subject property as well as improve residential safety as a result of the roadway abruptly ending.


    450 m away

  • Site PlanIn Progress

    To propose sales trailer.


    620 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Mount Olive-Silverstone-Jamestown right now

For sale now
37
Median asking price
$487K

Middle half: $430K to $530K

New in 7 days
1

10 in 28 days

Price cuts
19%

7 listings

This home is asking 8% below the median.

See all homes in Mount Olive-Silverstone-Jamestown

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
Stevenson StationTTC light rail: Line 6 Finch West1.8 km
Mount Olive StationTTC light rail: Line 6 Finch West1.8 km
Rowntree Mills StationTTC light rail: Line 6 Finch West2 km
Albion StationTTC light rail: Line 6 Finch West2 km
Highway 7 / KiplingYRT bus rapid transit: Viva Orange2.4 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Venerable John Merlini Catholic SchoolToronto CDSBCatholic · grades JK–8500 m92%Grade 6 average
North Kipling Junior Middle SchoolToronto DSBPublic · grades JK–8800 m54%Grade 6 average
John D Parker Junior SchoolToronto DSBPublic · grades JK–51.1 km72%Grade 3 average
École élémentaire Félix-LeclercConseil scolaire ViamondeFrench-language public · grades JK–67.9 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
North Albion Collegiate InstituteToronto DSBPublic · grades 9–121.3 km29%Grade 9 math
Holy Cross Catholic Academy High SchoolYork CDSBCatholic · grades 9–122.1 km70%Grade 9 math
Woodbridge CollegeYork Region DSBPublic · grades 9–12 · French Immersion2.3 km50%Grade 9 math
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.8 km57%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 Mount Olive-Silverstone-Jamestown are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record