$750,000

For saleJust listed

#518 25 Austin Drive, Markham (Markville) - Single Family for Sale

#518 25 Austin Drive, Markham (Markville), Ontario, L3R8H4

3 beds3 baths1 parking1,500 ft²$1,585/mo condo feeListed 5 days ago

Overview

This 3-bedroom, 3-bathroom condo in Markham is for sale offering roughly 1,500 sq ft of space. Its $750,000 asking price sits right in line with the $750,000 median in Markham. It has been on the market 5 days, fresher than the Markham average of 38 days.

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Description

Exclusive CORNER SUITE at 25 Austin Drive in the Walden Pond community surrounded by beautiful gardens and in a superb Markham location. Walk across the street to Markville Mall, GO Transit. East access to numerous grocery stores, restaurants and scenic trails. This 1530 sqft home features hardwood flooring throughout, with as is carpeting in the 2 bedrooms. Spacious open concept living and dining room with sky views. The principle bedroom is very spacious and the ensuite is a standout, offering a glass shower with bench seating and a double vanity. The second bedroom is generously sized-ideal for guests or a home office-with a double closet and easy access to a full bathroom just around the corner. The laundry room offers extra storage, in addition to the Locker room. One underground parking space isincluded. All-inclusive maintenance fees covering heat, hydro, water, internet, cable, A/C, and building insurance. Residents also have exclusive access to well maintained amenities: an indoor pool, hot tub, gym, saunas, party and games rooms, billiards, guest suites,tennis/pickleball court, and an outdoor BBQ area. The building houses an active social community with events like- Aquafit, Chair Yoga, Movie Nights, Karaoke, Special Events &Parties. This is a truly a unique, carefree lifestyle! Make suite 518 your next HOME! (id:66096)

Property Details

MLS®: N14133252
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 1
Interior Size: 1,500 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,585/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,684.9/yr
Listed: 5 days ago

Rooms

Main level

Bedroom: 3.35 x 4.88 meters
Bedroom 2: 15.1 x 3.35 meters
Sunroom: 10.3 x 2.87 meters
Kitchen: 8.6 x 3.23 meters
Dining room: 11 x 2.99 meters
Living room: 23.7 x 3.6 meters

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

Features

Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Markville) listings, avg age

38d

Price / ft²

$500

List price

$750K

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 (Markville) has been listed for 5 days, which is 33 days fresher than the city average of 38. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · BEDA SAHAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $750,000, about 8.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.

Median household income: $93,000
Population: 62,060
Median age: 46.4
Owner / renter: 83% / 17%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3R)

$750,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $50,000

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$307/mo

Condo fee$1,585/mo

Total monthly$5,773

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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