Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 4 days on market

$589,000

Est. payment $2,608/moCalculate yours

61 Markbrook Lane 706, Toronto, ON M9V 5E7

Mount Olive-Silverstone-Jamestown, Etobicoke, ON M9V 5E7

  • 2 Beds
  • 2 Baths
  • 2 Garage
  • 1,000 Sq Ft
Map

Listing courtesy of RIGHT AT HOME REALTY MLS® W14032958

About this home

A Rare Entertainer’s Dream with Over 2,000 Sq. Ft. of Indoor & Outdoor Terrace Living. Downsize Your House, Upgrade Your Life! Welcome to Unit 706 at Cascades 1, offering approximately 2,000 sq. ft. of combined indoor and outdoor living space, including a spectacular private terrace of over 900 sq. ft.-a rare find in condominium living. This bright 2-bedroom plus solarium features a spacious open-concept layout and exceptional natural light. With South and Southeast exposure, the suite enjoys full-day sun and unobstructed panoramic views of the protected Humber River Valley, Humber River, lush greenery, and peaceful walking trails of Rowntree Mills Park. The expansive private terrace is a true outdoor extension of the home, ideal for entertaining, alfresco dining, gardening, or simply relaxing and enjoying the sunshine and views. The apartment is furnished and rental-ready, with beds and furnishings already in place-an excellent turnkey opportunity for an investor, executive occupant, or buyer seeking a move-in-ready home. Enjoy carefree condo living with outstanding amenities including an indoor swimming pool, squash courts, fitness facility, sauna, and 24-hour security. The unit also includes two indoor parking spaces. Conveniently located close to York University and Humber College, shopping, parks, and nature trails. A rare opportunity combining exceptional indoor/outdoor space, sunlight, privacy, panoramic views, two indoor parking spaces, and a turnkey furnished residence. Downsize your house. Upgrade your lifestyle. Come experience Unit 706 at Cascades 1.

Property details

Overview

Property Type
Condo Apartment
Style
Apartment
For
For Sale
Status
New
Size
1,000 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
None

Building & Systems

Heating
Forced Air (Electric)
Cooling
Central Air
Exterior
Concrete

Lot & Parking

Parking
Underground garage · 2 total

Financial

Property Taxes
$1,719 (2026)
Condo Fee
$721/mo
Fee Includes
Water Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions

Location

Neighbourhood
Mount Olive-Silverstone-Jamestown
Cross Street
Kipling and Steeles West.

Listing

MLS® Number
W14032958
Days on Market
4
Listed On
2026-10-14
Possession
Immediate possession available.
Listed By
RIGHT AT HOME REALTY

Rooms

Room Dimensions
Laundry 8′ 6″ × 9′ 2″
Living Room 12′ 2″ × 8′ 3″
Bathroom 9′ 0″ × 5′ 1″
Bedroom 2 12′ 8″ × 12′ 4″
Dining Room 7′ 7″ × 8′ 2″
Primary Bedroom 19′ 7″ × 15′ 8″
Solarium 9′ 10″ × 8′ 3″
Kitchen 8′ 10″ × 9′ 3″
Bathroom 7′ 10″ × 5′ 3″

Features

Interior

  • Carpet Free
  • Water Heater

Property

  • Clear View
  • Park
  • Public Transit
  • School
  • Wooded/Treed
  • Terraced

Amenities

  • Exercise Room
  • Indoor Pool
  • Party Room/Meeting Room
  • Sauna
  • Squash/Racquet Court
  • Playground
Included
Fridge, stove, dishwasher, washer and dryer, dinning table with chairs, office chairs, coffee table, two beds, antique furniture, large framed mirrors
Excluded
Personal effects, photos, pictures, maps, paintings, antique wall decor
Rental items
Water Heater

Mortgage calculator

Minimum for this price: $33,900 (5.76%)

Amortization, years

Estimated mortgage payment

$2,608 per month

Principal and interest
$2,608
Property tax
$143
Condo fees
$721
Estimated monthly cost
$3,472

Your mortgage

Mortgage amount
$471,200
Mortgage insurance
Not needed
Interest over 25 years
$311,189

Cash to close

Down payment
$117,800
Land transfer tax (Ontario + Toronto)
$16,510
Total, before legal fees
$134,310
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

61 Markbrook Lane 706, Toronto, ON M9V 5E7 Mount Olive-Silverstone-Jamestown, Etobicoke, ON M9V 5E7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$589,000 61 Markbrook Lane 706, Toronto, ON M9V 5E7
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