Listed for:Listed 1 day ago
$589,000

Unit 706, 61 Markbrook Lane

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

Condo Apartment For Sale
Cascades One Condos exteriorCascades One Condos18 storeys, 229 suites, built 1990
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 706, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 706, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown

Summarized Description

  • Over 2,000 sq. ft. of living space
  • Spectacular private terrace over 900 sq. ft.
  • Unobstructed views of Humber River Valley
  • Turnkey furnished and rental-ready
  • Bright layout with exceptional natural light
  • Two indoor parking spaces included
  • Close to shopping, parks, and colleges
  • Ideal for entertaining and outdoor activities

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,719
Land Transfer Tax Fee
$16,510

Condo/Maintenance Fee

Maintenance Fee
$721 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included

Rental Items

Rental Equipment
Water Heater

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free, Water Heater
View
City, Clear, Panoramic, Park/Greenbelt, River, Trees/Woods, Valley
Security Features
Security Guard
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Terrace

Building Amenities

  • Exercise Room
  • Indoor Pool
  • Party Room/Meeting Room
  • Sauna
  • Squash/Racquet Court
  • Playground

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
Cascades One
Condo Corp Number
919

Construction

Exposure
South
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
Fridge, stove, dishwasher, washer and dryer, dinning table with chairs, office chairs, coffee table, two beds, antique furniture, large framed mirrors

Exclusions

Exclusions
Personal effects, photos, pictures, maps, paintings, antique wall decor

Parking & Garages

Garage Type
Underground
Garage Spaces
2
Parking Type
Owned
Parking Spaces
0
Total Garage And Parking Spaces
2

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Primary Bedroom—
    3 Pc Ensuite, Walk-Out, Combined w/Laundry
  • Bedroom 2—
    Closet, Large Window, Carpet Free
  • Dining Room—
  • Living Room—
    Parquet
  • Solarium—
    Laminate, Window Floor to Ceiling
  • Kitchen—
    Ceramic Floor
  • Bathroom—
    Ceramic Floor
  • Bathroom—
    3 Pc Ensuite, Ceramic Floor
  • Laundry—

Washrooms

  • 3-piece
  • 3-piece

Municipality
Etobicoke
Neighbourhood
Mount Olive-Silverstone-Jamestown
Main cross streets
Kipling and Steeles West.
Directions
From 401, Kipling Ave north to Markbrook Lane; 407 to Pine Valley, S to Steeles, W to Kipling, S to Markbrook; 400 to Steeles, W to Kipling, S to Markbrook
Waterfront
Indirect

MLS® number
W14032958
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-14
Days on market
1 day
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for Unit 706, 61 Markbrook Lane, Etobicoke, Mount Olive-Silverstone-Jamestown, Etobicoke, ON. Listed for $589,000

HOMEH Estimate

?

$523,506

Estimated Sales Range

?

$408,294 - $601,324

HOMEH Estimate for Unit 706, 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.

$523,506High confidence
Based on 3 comparable properties
+ $65,494 (13%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Etobicoke, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $89,000 over $500K

Minimum down payment

$33,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,194$16,433$14,018$0
=Total mortgage
$577,032$546,533$514,668$471,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,817monthly$2,668monthly$2,513monthly$2,301monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$8,255

Municipal (Toronto)

$8,255

Total Land Transfer Tax

$16,510

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