$569,900

$598,500For salePrice drop↓ $28,600 (5%)

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#728W 268 Buchanan Drive, Markham (Unionville) - Single Family for Sale

#728W 268 Buchanan Drive, Markham (Unionville), Ontario, L3R8G9

2 beds2 baths parking

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Investment analysis

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$569,900

Markham

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Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 650 sq ft of space. Listed at $569,900, it is attractively priced about 15% below the $668,000 median asking price in Markham. It has been on the market 33 days, fresher than the Markham average of 63 days.

Condos for Sale in Markham →All real estate in Markham →

Description

Unionville Gardens in Unionville, Markham. 1+1 bedroom, 2 bathroom condo apartment with in-suite laundry, central air, an open balcony and one underground parking space. Building amenities include a 24-hour concierge, indoor pool, fitness centre, sauna, yoga studio, party room, library, and karaoke and mahjong rooms. Close to shopping, dining, cafes and parks, with Viva transit nearby, Unionville GO Station a short drive away, and quick access to Hwy 404 and Hwy 407. Sold as is, where is. Seller and listing brokerage make no representations or warranties. (id:66096)

Property Details

MLS®: N13855178
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $568/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,602/yr
Listed: 33 days ago

Market Timing

Days on market

33d

Markham (Unionville) listings, avg age

63d

Price / ft²

$877

List price

$570K

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.

Area context

Neighbourhood profile (L3R)

This home lists at $569,900, about 6.1× the local median household income of $93,000.

Carrying it typically needs a household income of about $111,321 (20% down, 25-yr amortization, stress-tested) — roughly 20% 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)

$569,900· $877/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$217/mo

Condo fee$568/mo

Total monthly$3,767

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#728W 268 Buchanan Drive, Markham (Unionville) - Single Family for Sale

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