$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
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
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
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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $134,310
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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