$709,000

For sale

#115 277 South Park Road, Markham (Commerce Valley) - Single Family for Sale

#115 277 South Park Road, Markham (Commerce Valley), Ontario, L3T0B7

2 beds2 baths2 parking950 ft²$832/mo condo feeListed 34 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 950 sq ft of space. It has been on the market 34 days, fresher than the Markham average of 47 days.

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Description

Welcome to this bright and spacious south-facing corner suite, offering the convenience of ground-floor living in one of Markham's sought-after communities, built by the renowned Times Group Development. Thoughtfully designed with an optimal layout and no wasted space, this 2-bedroom, 2-bathroom condo features 9-ft ceilings, large windows, and abundant natural light throughout. The open-concept living and dining areas flow seamlessly into the modern kitchen, complete with granite countertops, ample cabinetry, and plenty of workspace. Both generously sized bedrooms offer excellent storage, including a closet organizer, and two full bathrooms add convenience. A standout feature is the 2 owned parking spaces, offering exceptional value and convenience. Residents also have access to an impressive range of amenities, including an indoor swimming pool, sauna, fitness centre, party room, recreation facilities, and ample visitor parking. Ideally located in the heart of Markham, with easy access to Highways 404 and 407, GO Transit, and York Region Transit. Shopping, restaurants, grocery stores, parks, medical offices, and top-rated schools are all just minutes away. (id:66096)

Property Details

MLS®: N13846828
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $832/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,070.45/yr
Listed: 34 days ago

Rooms

Ground level

Living room: 4.4 x 3.9 meters
Dining room: 4.1 x 2 meters
Kitchen: 2.8 x 2.7 meters
Primary Bedroom: 4.2 x 3 meters
Bedroom 2: 2.8 x 3.7 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, 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

$747

List price

$709K

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 2-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 RIGHT AT HOME REALTY · KATE KOZIKOWSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $709,000, about 7.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $138,493 (20% down, 25-yr amortization, stress-tested) — roughly 46% 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)

$709,000· $747/ft²

For sale

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Full Cost Breakdown

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Down Payment6.47% · $45,900

Min 6.47%50%

Mortgage payment$3,676/mo

↳ CMHC premium ($26,524 capitalized)

Property tax (est.)$256/mo

Condo fee$832/mo

Total monthly$4,764

Cash Needed to Close

Down payment (6.47%)$45,900

Land transfer tax$10,655

Est. closing costs$4,627

Total cash needed$61,182

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