$975,000

For sale

25 Galleria Parkway, Markham (Commerce Valley) - Single Family for Sale

25 Galleria Parkway, Markham (Commerce Valley), Ontario, L3T0A4

3 beds3 baths2 parking1,700 ft²$488/mo condo feeListed 34 days ago

Overview

This 3-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,700 sq ft of space. It has been on the market 34 days, fresher than the Markham average of 47 days.

Condos for Sale in Markham →All real estate in Markham →

Description

Client RemarksImpeccably Maintained Townhome In The Heart Of Commerce Valley - Shows Like New! Bright & Spacious Multi-Level Layout With 9' Ceilings On Main & Second Floors. The Upper Level Features Two Generous Bedrooms, Each With Its Own Ensuite Bath And Privately Positioned On Opposite Sides Of The Floor, Creating Two Private Bedroom Suites - Ideal For Families, Guests Or Multi-Generational Living. Quality Finishes Throughout. Direct Indoor Access To 2 Underground Parking Spaces And Condo Amenities Including Indoor Pool, Gym, Sauna & More - Convenient In Every Season. Enjoy The Space & Privacy Of A House With The Ease Of Condo Living. Steps To Hwy 7 & Viva Transit, Surrounded By Shopping, Dining, Plazas & Everyday Conveniences, With Major Employment Hubs Nearby And Easy Access To Hwy 404/407. (id:66096)

Property Details

MLS®: N13849682
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,700 ft²
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $488/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,328.27/yr

Rooms

Ground level

Family room: 3.32 x 2.4 meters
Bedroom 3: 4.88 x 4.24 meters

Second level

Kitchen: 3.99 x 3.96 meters
Eating area: 3.99 x 3.96 meters
Living room: 6.71 x 3.99 meters
Dining room: 6.71 x 3.99 meters

Third level

Bedroom: 3.99 x 3.54 meters
Bedroom: 3.54 x 3.47 meters

Basement

Laundry room

Features

Appliances: Garage door opener remote(s)
Flooring: Tile, Laminate, Carpeted, Ceramic
Exterior: Brick
Lot Features: Partially cleared, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$574

List price

$975K

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Markham (Commerce Valley) has been listed for 34 days, which is 13 days fresher than the city average of 47. Act while there is still low competition.

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Listed by ANJIA REALTY · LYNDA ZHOU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $975,000, about 10.3× the local median household income of $95,000.

Carrying it typically needs a household income of about $190,452 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$975,000· $574/ft²

For sale

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Full Cost Breakdown

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Down Payment7.44% · $72,500

Min 7.44%50%

Mortgage payment$5,004/mo

↳ CMHC premium ($36,100 capitalized)

Property tax (est.)$361/mo

Condo fee$488/mo

Total monthly$5,852

Cash Needed to Close

Down payment (7.44%)$72,500

Land transfer tax$15,975

Est. closing costs$5,425

Total cash needed$93,900

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