$649,000

For sale

#308 253 South Park Road, Markham (Commerce Valley) - Single Family for Sale

#308 253 South Park Road, Markham (Commerce Valley), Ontario, L3T0B4

3 beds2 baths2 parking950 ft²$826/mo condo feeListed 8 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 950 sq ft of space. Its $649,000 asking price sits right in line with the $638,888 median in Markham. It has been on the market 8 days, fresher than the Markham average of 47 days.

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Description

CORNER UNIT, MASSIVE TERRACE & TWO PARKING SPACES - THIS ONE HAS IT ALL! Welcome to a rare find in the sought-after Eden Park community, where incredible indoor space meets extraordinary outdoor living! This bright and spacious 2-bedroom, 2-bathroom corner suite delivers a fantastic split-bedroom layout, exceptional privacy and a SHOW STOPPING ~477 SQ. FT. WRAPAROUND TERRACE! Yes, you read that right - your very own outdoor oasis with room to lounge, dine, entertain, or simply kick back with a glass of wine and enjoy the sunset! Inside, the oversized foyer/den is a game changer, offering a versatile bonus space perfect for a home office, den, reading nook or stylish entryway. Two generously sized bedrooms are thoughtfully positioned on opposite sides of the suite, each featuring large windows and ample closet space. With desirable west-facing exposure, natural light pours in while you enjoy lovely views overlooking the newly developed park. And here's another bonus - located on a quieter floor with fewer suites, offering an exclusive, penthouse-style feel without the penthouse price tag! Eden Park takes condo living to the next level with energy-efficient construction and fantastic resort-style amenities, including an indoor pool, fitness centre, theatre, games room and beautifully appointed party room. AND DID WE MENTION TWO PARKING SPACES?!Whether you're upsizing, downsizing or simply looking for something beyond the ordinary, this is condo living with room to breathe, space to entertain and outdoor living that's hard to beat. (id:66096)

Property Details

MLS®: N14121498
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 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: $826/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,870.12/yr
Listed: 8 days ago

Rooms

Main level

Living room: 3.29 x 7.01 meters
Dining room: 3.29 x 7.01 meters
Kitchen: 2.53 x 2.74 meters
Primary Bedroom: 3.04 x 3.65 meters
Bedroom 2: 3.41 x 3.04 meters
Den: 10.4 x 13.4 meters

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

Features

Flooring: Laminate, Ceramic
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$684

List price

$649K

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 8 days, which is 39 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · STUART MALCOLM SANKEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $649,000, about 6.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$649,000· $684/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$239/mo

Condo fee$826/mo

Total monthly$4,442

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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