$388,000

For saleJust listed

#607 8 Rouge Valley Drive West, Markham (Unionville) - Single Family for Sale

#607 8 Rouge Valley Drive West, Markham (Unionville), Ontario, L6G0G8

2 beds2 baths2 parking550 ft²$561/mo condo feeListed Today

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 550 sq ft of space. It has been on the market 0 days, fresher than the Markham average of 63 days.

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Description

Contemporary living in the heart of Downtown Markham where living meets unbeatable convenience. This 9 foot ceiling 1+1 2 bathroom suite features desirable south-facing exposure, filling the space with abundant natural sunlight throughout the day. Enjoy the added value of two parking spaces and three lockers, a truly rare combination in condo living! Enjoy an impressive selection of building amenities, including an outdoor swimming pool, badminton court, fitness centre, and rooftop deck, perfect for entertaining and relaxing. Ideally situated within walking distance to an array of restaurants, cafes, Cineplex, GoodLife Fitness, and public transit. Experience the best of urban living in the vibrant and sought after Downtown Markham community! (id:66096)

Property Details

MLS®: N14150926
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $561/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,455.99/yr
Listed: Today

Rooms

Flat

Kitchen: 3.33 x 5.4 meters
Dining room: 3.33 x 5.49 meters
Living room: 3.33 x 5.49 meters
Primary Bedroom: 2.9 x 3.1 meters
Den: 2.51 x 1.78 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, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Unionville) listings, avg age

63d

Price / ft²

$706

List price

$388K

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 (Unionville) has been listed for 0 days, which is 63 days fresher than the city average of 63. Act while there is still low competition.

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Listed by HOMELIFE NEW WORLD REALTY INC. · VICTORIA HO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6G)

This home lists at $388,000, about 6.3× the local median household income of $61,200.

Carrying it typically needs a household income of about $75,790 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.

Median household income: $61,200
Population: 8,364
Median age: 35.2
Owner / renter: 54% / 46%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA L6G)

$388,000· $706/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,400

Min 5%50%

Mortgage payment$2,044/mo

↳ CMHC premium ($14,744 capitalized)

Property tax (est.)$205/mo

Condo fee$561/mo

Total monthly$2,810

Cash Needed to Close

Down payment (5%)$19,400

Land transfer tax$4,295

Est. closing costs$3,664

Total cash needed$27,359

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