112-61 Markbrook Lane
Mount Olive-Silverstone-Jamestown, Toronto, Ontario M9V 5E7
- 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
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs63/100+$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
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
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.35 × 4.88 m | Laminate, Combined W/Dining, Large Window | Flat |
| Dining | 2.44 × 3.35 m | Laminate, Window | Flat |
| Kitchen | 2.13 × 3.96 m | Vinyl Floor, Stainless Steel Appl | Flat |
| Primary | 3.35 × 4.27 m | Laminate, 4 Pc Ensuite, Closet | Flat |
| Den | 2.47 × 3.81 m | Laminate, French Doors, Window | Flat |
| Solarium | 2.15 × 3.35 m | Ceramic Floor | Flat |
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 Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $449,000 | N/A | Pc | W13675878 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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- 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 Yossi Kaplan, MBA, Salesperson 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
569-2013Municipality
Toronto1 au67.0
Lot area: at least u67.0 m² per dwelling unit.
2 x95
Site-specific exception 95: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(95)
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. 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 awaySite 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
- New in 7 days
- 1
- Price cuts
- 19%
Middle half: $430K to $530K
10 in 28 days
7 listings
This home is asking 8% below the median.
See all homes in Mount Olive-Silverstone-JamestownAsking 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
| Station | Lines | Distance |
|---|---|---|
| Stevenson Station | TTC light rail: Line 6 Finch West | 1.8 km |
| Mount Olive Station | TTC light rail: Line 6 Finch West | 1.8 km |
| Rowntree Mills Station | TTC light rail: Line 6 Finch West | 2 km |
| Albion Station | TTC light rail: Line 6 Finch West | 2 km |
| Highway 7 / Kipling | YRT bus rapid transit: Viva Orange | 2.4 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Venerable John Merlini Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 500 m | 92%Grade 6 average |
| North Kipling Junior Middle SchoolToronto DSB | Public · grades JK–8 | 800 m | 54%Grade 6 average |
| John D Parker Junior SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 72%Grade 3 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 7.9 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| North Albion Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 29%Grade 9 math |
| Holy Cross Catholic Academy High SchoolYork CDSB | Catholic · grades 9–12 | 2.1 km | 70%Grade 9 math |
| Woodbridge CollegeYork Region DSB | Public · grades 9–12 · French Immersion | 2.3 km | 50%Grade 9 math |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.8 km | 57%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.