$529,000

For saleJust listed

#318 273 SOUTH PARK Road, Markham (Commerce Valley) - Single Family for Sale

#318 273 SOUTH PARK Road, Markham (Commerce Valley), Ontario, L3T0B5

2 beds1 bath1 parking650 ft²$549/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 1-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Listed at $529,000, it is attractively priced about 18% below the $649,000 median asking price in Markham. It has been on the market 3 days, fresher than the Markham average of 47 days.

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Description

Welcome to Eden Park Tower, where modern comfort meets unbeatable convenience in the heart of Commerce Valley. This well-kept 1-bedroom + den suite offers 650 sq. ft. of bright, open-concept living. The seamless living and dining area opens onto a private balcony with warm wood decking, a perfect spot to unwind with your morning coffee while overlooking the beautifully landscaped community park. Watch the seasons change from your own outdoor retreat, with vibrant fall colours, manicured lawns, and winding garden pathways right below. The versatile den makes an ideal home office or study. Parking and a storage locker are both included.Residents enjoy resort-style amenities, including a 24-hour concierge, a fully equipped fitness centre, a games room, and an indoor swimming pool. Hwys 404 and 407 and the VIVA Transit hub are all moments away, and the shops, restaurants, and parks of Thornhill are just minutes from your door.Peaceful garden views, urban convenience, and move-in ready. This is condo living at its best. Book your showing today! (id:66096)

Property Details

MLS®: N14136096
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $549/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,246.36/yr
Listed: 3 days ago

Rooms

Flat

Kitchen: 3.2 x 3.15 meters
Living room: 5.46 x 3.15 meters
Dining room: 5.46 x 3.15 meters
Den: 2.46 x 3.1 meters
Bedroom: 3.43 x 3.05 meters
Bathroom: 2.46 x 1.52 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, Range, Dryer, Hood Fan, Blinds, Garage door opener remote(s)
Exterior: Concrete
Lot Features: Balcony, Carpet Free, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$814

List price

$529K

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 3 days, which is 44 days fresher than the city average of 47. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · PETER LIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $529,000, about 5.6× the local median household income of $95,000.

Carrying it typically needs a household income of about $103,332 (20% down, 25-yr amortization, stress-tested) — roughly 9% 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)

$529,000· $814/ft²

For sale

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Full Cost Breakdown

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Down Payment5.27% · $27,900

Min 5.27%50%

Mortgage payment$2,778/mo

↳ CMHC premium ($20,044 capitalized)

Property tax (est.)$187/mo

Condo fee$549/mo

Total monthly$3,515

Cash Needed to Close

Down payment (5.27%)$27,900

Land transfer tax$7,055

Est. closing costs$4,087

Total cash needed$39,042

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