
Unit 507, 61 Markbrook Lane
Etobicoke (Mount Olive-Silverstone-Jamestown), ON M9V 5E7
Cascades One Condos18 storeys, 229 suites, built 1990- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $1,501Tax
- $575/moCondo Fee
- Estimated Value:$466,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 507, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown
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About Unit 507, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown
Summarized Description
- Spacious corner unit with over 1,100 sq.ft.
- Two large bedrooms and two full bathrooms.
- Renovated kitchen with quartz countertops.
- Bright living space filled with natural light.
- Convenient ensuite laundry and parking options.
- Close to TTC transit and major highways.
- Access to premium building amenities.
Top 5 Reasons You Will Love This Condo: 1) Enjoy over 1,100 square feet of well-designed living space featuring two generously sized bedrooms and two full bathrooms, perfect for families, professionals, or investors 2) The kitchen features quartz countertops, stainless-steel appliances, and additional storage, offering a clean, functional space for everyday living 3) As a corner unit, this unit benefits from additional windows, filling the space with natural light and creating a warm, inviting atmosphere throughout 4) Appreciate access to premium amenities, including an indoor pool, gym, sauna, squash courts, and a party room, everything you need for an active and convenient lifestyle 5) Steps to TTC transit and minutes to major highways, this well-maintained building also offers one owned parking space and option to rent a second, a locker, and an ensuite laundry, making it an outstanding opportunity for first-time buyers, downsizers, or investors. 1,119 fin.sq.ft.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,501
- Land Transfer Tax Fee
- $12,146
Condo/Maintenance Fee
- Maintenance Fee
- $575 /month
Included In Maintenance Fee
- Building Insurance Included
- CAC Included
- Common Elements Included
- Water Included
Rental Items
- Rental Equipment
- None.
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building Amenities
- Exercise Room
- Lap Pool
- Sauna
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Approx Age
- 31-50
- Condo Corp Number
- 919
Construction
- Exposure
- East
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, Stove, Dishwasher, Washer, Dryer, Existing Electrical Light Fixtures, Owned Hot Water Heater.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Common
- Locker Unit
- 38
- Locker Level
- B
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Kitchen—Main level, Ceramic Floor, Quartz Counter, Stainless Steel Appl
- Dining Room—Main level, Ceramic Floor, Open Concept, Window
- Living Room—Main level, Laminate, Open Concept, Window
- Primary Bedroom—Main level, 4 Pc Ensuite, Laminate, Closet
- Bedroom—Main level, Laminate, Closet, Window
Washrooms
- 3-piece, Main
- 4-piece, Main
- Municipality
- Etobicoke
- Neighbourhood
- Mount Olive-Silverstone-Jamestown
- Main cross streets
- Kipling Ave/Markbrook Ln
- Zoning
- R6
- Directions
- Kipling Ave/Markbrook Ln
- MLS® number
- W12960772
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-04-24
- Listed on
- 2026-04-06
- Days on market
- 18 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5%%
- Seller
- Listed by
- FARIS TEAM REAL ESTATE BROKERAGE
Home Market Value
Current home valuation for Unit 507, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown, Etobicoke, ON. Listed for $479,900
HOMEH Estimate
$466,000
Estimated Sales Range
$367,500 - $564,500
HOMEH Estimate for Unit 507, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,236 | $13,389 | $11,422 | $0 |
=Total mortgage | $474,141 | $445,299 | $419,337 | $383,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,315monthly | $2,174monthly | $2,047monthly | $1,874monthly |
Land Transfer Tax
$6,073
$6,073
$12,146
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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