706 - 61 Markbrook Lane, Toronto, ON M9V 5E7
Mount Olive-Silverstone-Jamestown, Toronto · Near Kipling and Steeles West. · View map
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.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- South
- Level
- 7
- Balcony
- Terrace
- View
- City, Clear, Panoramic, Park/Greenbelt, River, Trees/Woods, Valley
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $721.02/mo
- Fee includes
- Water, Common Elements, Building Insurance
- Complex
- Cascades One
- Property management
- GPM Property Management Inc.
- Pets
- Allowed, with restrictions
- Security
- Security Guard
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 2
- Total parking
- 2
- Parking features
- Underground
Taxes & other
- Property taxes
- $1,719/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate possession available.
- Cross street
- Kipling and Steeles West.
- Neighbourhood
- Mount Olive-Silverstone-Jamestown
More
- Price per sq ft
- ~$535 (at 1,100 sq ft)
- Listed
- Oct 14, 2026 · 3 days ago
- MLS® number
- W14032958
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The home and its surroundings
- Carpet Free
- Water Heater
- Clear View
- Park
- Public Transit
- School
- Wooded/Treed
- Terraced
Included in the maintenance fee
- Water
- Common Elements
- Building Insurance
Shared in the complex
- Exercise Room
- Indoor Pool
- Party Room/Meeting Room
- Sauna
- Squash/Racquet Court
- Playground
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
61 Markbrook Lane, Toronto, ON M9V 5E7
Mount Olive-Silverstone-Jamestown, Toronto · Near Kipling and Steeles West.
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Listing history for 61 Markbrook Lane
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 706 - 61 Markbrook Lane
Answers come straight from this home’s MLS® listing.
How much is 706 - 61 Markbrook Lane listed for, and what would it cost each month?
706 - 61 Markbrook Lane is listed for $589,000. With 20% down ($117,800), the mortgage payment would be roughly $2,376 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,240 a month, all in. That figure is an illustration, not a quote.
Is 706 - 61 Markbrook Lane freehold or a condo, and is there a monthly fee?
706 - 61 Markbrook Lane is a condo apartment in Mount Olive-Silverstone-Jamestown, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $721.02 a month. The listing says it covers water, common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 706 - 61 Markbrook Lane have?
706 - 61 Markbrook Lane has 2 bedrooms and 2 bathrooms.
Does 706 - 61 Markbrook Lane have a garage and parking?
Yes. The listing shows the garage as underground, with room for 2 cars. In total the listing counts 2 parking spaces.
Does 706 - 61 Markbrook Lane have a finished basement?
No. The listing shows no basement for this home.
What style of home is 706 - 61 Markbrook Lane?
706 - 61 Markbrook Lane is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 706 - 61 Markbrook Lane?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 706 - 61 Markbrook Lane heated and cooled?
Heating is forced air (electric). Cooling is central air.
What are the property taxes for 706 - 61 Markbrook Lane?
Property taxes are $1,719 a year (2026), or about $143 a month.
Are pets allowed at 706 - 61 Markbrook Lane?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 706 - 61 Markbrook Lane?
706 - 61 Markbrook Lane is in the Mount Olive-Silverstone-Jamestown community of Toronto. The nearest main intersection is Kipling and Steeles West.. The postal code is M9V 5E7.
How long has 706 - 61 Markbrook Lane been on the market?
706 - 61 Markbrook Lane was listed on October 14, 2026. It has been on the market for 3 days. It is an active listing (MLS® W14032958). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 706 - 61 Markbrook Lane asking?
Similar condos for sale nearby right now include ph08 - 61 Markbrook Lane at $468,000 (2 bed), 112 - 61 Markbrook Lane at $449,000 (1+1 bed) and 1210 - 61 Markbrook Lane at $422,950 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 61 Markbrook Lane sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 706 - 61 Markbrook Lane?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near Mount Olive-Silverstone-Jamestown, picked by style, size and price.
Penthouse$468,000ph08 - 61 Markbrook Lane, Toronto2 bed · 2 bath · Mount Olive-Silverstone-JamestownCourtesy of: RE/MAX GOLD REALTY INC.View home →
Condo apartment$449,000112 - 61 Markbrook Lane, Toronto1+1 bed · 2 bath · Mount Olive-Silverstone-JamestownCourtesy of: CENTURY 21 PARAMOUNT REALTY INC.View home →
Condo apartment$422,9501210 - 61 Markbrook Lane, Toronto1 bed · 2 bath · Mount Olive-Silverstone-JamestownCourtesy of: ROYAL LEPAGE URBAN REALTYView home →Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.