$519,999

For sale

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#1814 292 Verdale Crossing, Markham (Unionville) - Single Family for Sale

#1814 292 Verdale Crossing, Markham (Unionville), Ontario, L6G0H6

2 beds1 bath1 parking ft²

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Investment analysis

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$519,999

Markham

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Overview

This 2-bedroom, 1-bathroom condo in Markham is for sale offering roughly 550 sq ft of space. Listed at $519,999, it is attractively priced about 22% below the $668,000 median asking price in Markham. It has been on the market 29 days, fresher than the Markham average of 63 days.

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

Description

Welcome to Penthouse Unit B1814 at 292 Verdale Crossing in the heart of Downtown Markham! This spacious 1 bedroom + den condo features soaring ceilings, floor-to-ceiling windows, and a private balcony with breathtaking views. Enjoy a modern kitchen with stainless steel appliances and brand new countertops, plus in-suite laundry and premium finishes throughout. Located steps from restaurants, shops, York University's new campus, transit, and more. Building amenities include a fitness center, rooftop Terrance, basketball court and 24 hour concierge. Don't miss this rare penthouse opportunity. (id:66096)

Property Details

MLS®: N13868448
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $419/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,230.38/yr
Listed: 29 days ago

Market Timing

Days on market

29d

Markham (Unionville) listings, avg age

63d

Price / ft²

$946

List price

$520K

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.

Area context

Neighbourhood profile (L6G)

This home lists at $519,999, about 8.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$519,999· $946/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $26,999.90

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,720 capitalized)

Property tax (est.)$103/mo

Condo fee$419/mo

Total monthly$3,255

Cash Needed to Close

Down payment (5.19%)$27,000

Land transfer tax$6,875

Est. closing costs$4,060

Total cash needed$37,935

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#1814 292 Verdale Crossing, Markham (Unionville) - Single Family for Sale

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Description

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Neighbourhood profile (L6G)

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