1151 Markham Rd Toronto, Scarborough

We have found 6 Condos that closely match the specifications of the property located at 1151 Markham Rd Toronto with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 729,989 and 840,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the M1H2Y5 postal code area of Scarborough Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1151 Markham Rd Toronto. The current price of the property is $614,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $491,200. This would result in a monthly mortgage payment of $2,871 over a 25-year amortization period.