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Cascades 1

61 Markbrook Lane, Toronto, ON M9V 5E7

Cascades 1, at 61 Markbrook Lane, is a condo building in the Mount Olive-Silverstone-Jamestown area of Toronto, Ontario. It was built in 1990, has 229 residential units and stands 18 storeys tall.

Mount Olive-Silverstone-Jamestown
Year Built
1990
Units
229
Floors
18
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$480,154
Median Sold
$477,000
Price Range
$390,000 – $540,000
Avg $/SqFt
$484
Sales (2yr)
13
Active Listings
3
Avg List Price
$486,983
Avg Days on Market
31

Last sale: May 5, 2026

Condo Fees

Avg Monthly Fee
$534
Median Fee
$529
Avg $/SqFt
$0.55
Units w/ Fee Data
28
Fee Includesheat, water, hydro, building insurance

Building Features

ExteriorBrick
Amenitiesindoor heated pool, fitness centre, squash courts, sauna, party room, concierge, visitor parking, playground, elevator
Building TypeHigh-rise apartment condo
Floors18 storeys
Year Built1990

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyGPM Property Management Inc.

About This Building

Cascades 1 is an 18-storey residential high-rise condominium at 61 Markbrook Lane in the Mount Olive-Silverstone-Jamestown neighbourhood of Toronto, completed in 1990. The building contains approximately 1,000-sq.-ft. suites in a range of configurations. Recent sales have averaged around $480,000, with monthly condo fees of roughly $534 or $0.55 per square foot, which cover heat, water, hydro and building insurance. The building features an indoor heated pool, fitness centre, squash courts, sauna, party room, and concierge service, alongside views of the nearby Humber River Valley and access to extensive park trails. Before making an offer, prospective buyers should have the status certificate, reserve fund study, financial statements, board minutes and by-laws reviewed by a lawyer or condominium expert to ensure full transparency on building operations and condition.

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