$699,000

For sale

#312 325 South Park Road, Markham (Commerce Valley) - Single Family for Sale

#312 325 South Park Road, Markham (Commerce Valley), Ontario, L3T0B8

2 beds2 baths1 parking850 ft²$685/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 850 sq ft of space. It has been on the market 8 days, fresher than the Markham average of 47 days.

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Description

Discover Refined Living at Eden Park II! This Beautifully Fully Renovated 2-Bedroom, 2-Bathroom Condo offers Breathtaking, Unobstructed South-Facing views, 883 sq.ft. of interior Living space plus a 50 sq. ft. Balcony, and soaring 9-foot ceilings. The bright, open-concept layout is Complemented by Tasteful Modern Finishes, creating an Inviting and Sophisticated living space. Enjoy all New Modern Kitchen, New 2 Modern Baths, New Flooring, and Fresh Paint throughout. The generously sized primary bedroom has been Newly Renovated and Features a Stylish 3-piece Ensuite. The desirable Split-bedroom layout provides excellent privacy, ideal for families, guests, or a home office. 1 Parking & 1 Locker Included! Experience outstanding building amenities, including an indoor swimming pool, fully equipped fitness centre, 24-hour concierge, party room, games room, library, and private movie theatre - offering recreation, relaxation, and entertainment right at your doorstep. Ideally located in the sought-after Commerce Valley neighbourhood, just steps from restaurants, bakeries, cafés, parks, schools, and shopping, with convenient access to Highway 7, Highways 404 and 407, and public transit. Unobstructed views, stylish renovations, resort-inspired amenities, and an unbeatable location. Shows 10+! Move in and enjoy! (id:66096)

Property Details

MLS®: N14119258
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $685/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,788.52/yr
Listed: 8 days ago

Rooms

Flat

Living room: 3.48 x 3.07 meters
Dining room: 1 x 3.07 meters
Kitchen: 4.42 x 3 meters
Primary Bedroom: 4.75 x 3.1 meters
Bedroom 2: 5.18 x 3 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, Water Treatment, Hood Fan, Blinds
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$823

List price

$699K

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 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 EXCEL REALTY LTD. · FANNY LEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $699,000, about 7.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 44% 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)

$699,000· $823/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$232/mo

Condo fee$685/mo

Total monthly$4,543

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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