$798,000

$886,000For salePrice drop↓ $88,000 (10%)

#604 55 Austin Drive, Markham (Markville) - Single Family for Sale

#604 55 Austin Drive, Markham (Markville), Ontario, L3R8H5

3 beds2 baths1 parking1,500 ft²$1,624/mo condo feeListed 20 days ago

Overview

This 3-bedroom, 2-bathroom condo in Markham is for sale offering roughly 1,500 sq ft of space. It has been on the market 20 days, fresher than the Markham average of 39 days.

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Description

Upgraded, ultra-spacious, and totally hassle-free, Unit 604 at Tridel's Walden Pond I offers a rare combination of fully renovated finishes, house-sized dimensions, and all-inclusive living. This sun-filled 2-bedroom, 2-bathroom corner suite opens past a proper foyer into expansive living and dining areas framed by big bright windows. Use every dish and cook in the updated eat-in kitchen with stainless steel appliances, a one year old stove/oven and great quartz counter space. Also enjoy the privacy of a primary suite with a fully renovated ensuite with a huge shower. A spacious second bedroom and a full second updated four piece bath gives guests or family members comfort and privacy. The office is bright and private which is perfect for those work-from-home days. An oversized in-suite laundry room with bonus storage gives plenty of room to tuck your stuff away. The fan coils were fully updated and replaced, which saves you 7000 dollar hassle. Your monthly maintenance fee is a total set-it-and-forget-it deal that covers Heat, Hydro, Water, Central Air, Bell TV, AND High-Speed Internet in one bill. Enjoy the condo living perks including 24/7 gatehouse security, indoor saltwater pool, gym, tennis court, and lush nature trails right outside your door, all just steps from Markville Mall, Main St Unionville, GO Transit, and Hwy 407/404. (id:66096)

Property Details

MLS®: N14083898
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,624/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,508/yr
Listed: 20 days ago

Rooms

Main level

Living room: 6.3 x 3.53 meters
Dining room: 3.28 x 3.18 meters
Kitchen: 2.79 x 2.49 meters
Eating area: 2.79 x 2.31 meters
Primary Bedroom: 4.57 x 3.15 meters
Bedroom 2: 3.66 x 2.87 meters
Office: 3.15 x 2.9 meters

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

Features

Appliances: Refrigerator, Stove, Microwave
Flooring: Laminate, Vinyl
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Markham (Markville) listings, avg age

39d

Price / ft²

$532

List price

$798K

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 20 days, which is 19 days fresher than the city average of 39. Act while there is still low competition.

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Listed by REAL ESTATE HOMEWARD · MATT VATCHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3R)

This home lists at $798,000, about 8.6× the local median household income of $93,000.

Carrying it typically needs a household income of about $155,877 (20% down, 25-yr amortization, stress-tested) — roughly 68% 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)

$798,000· $532/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,800.00

Min 6.87%50%

Mortgage payment$4,120/mo

↳ CMHC premium ($29,728 capitalized)

Property tax (est.)$292/mo

Condo fee$1,624/mo

Total monthly$6,037

Cash Needed to Close

Down payment (6.87%)$54,800

Land transfer tax$12,435

Est. closing costs$4,894

Total cash needed$72,129

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