$609,000

$638,000For salePrice drop

#1001 37 Galleria Pkwy, Markham (Commerce Valley), Ontario, L3T0A3

2 bd1 ba1 pk650 ft²+$524/mo

Listed by CENTURY 21 ATRIA REALTY INC.

#1208 12 Gandhi Lane, Markham (Commerce Valley), Ontario, L3T0G8

For saleJust listed

2 days ago

$600K

#1208 12 Gandhi Lane, Markham (Commerce Valley), Ontario, L3T0G8

2 bd2 ba1 pk650 ft²+$358/mo

Listed by HOMELIFE NEW WORLD REALTY INC.

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

For saleJust listed

3 days ago

$529K

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

2 bd1 ba1 pk650 ft²+$549/mo

Listed by FIRST CLASS REALTY INC.

52 South Park Road, Markham (Commerce Valley), Ontario, L3T0G6

For saleJust listed

4 days ago

$1.24M

52 South Park Road, Markham (Commerce Valley), Ontario, L3T0G6

4 bd5 ba4 pk2,125 ft²+$349/mo

Listed by LOYALTY REAL ESTATE

Investment analysis

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$609,000

Markham

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#905 130 Pond Drive, Markham (Commerce Valley) - Single Family for Sale

#905 130 Pond Drive, Markham (Commerce Valley), Ontario, L3T7W5

2 beds2 baths1 parking950 ft²$920/mo condo feeListed 25 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 950 sq ft of space. Listed at $609,000, it is attractively priced about 6% below the $649,000 median asking price in Markham. It has been on the market 25 days, fresher than the Markham average of 47 days.

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

Description

Unbeatable Location In The Heart Of Richmond Hill. This Bright And Spacious 2-Bedroom, 2-Bathroom Unit Includes 1 Parking Space. The Open-Concept Layout Offers Generous Living And Dining Areas, Perfect For Everyday Living And Entertaining. The Primary Bedroom Features A Walk-In Closet And 4 Piece Ensuite With Jacuzzi. Maintenance Fees Include Heat, Water, Air Conditioning, And 24-Hour Concierge Service. Residents Enjoy Excellent Building Amenities Including A Gym, Sauna, Party Room, And EV Charging Station (Pay-Per-Use. Conveniently Located Just Off Highway 7, Steps To Times Square, Restaurants, Banks, Shops, Parks, And Everyday Amenities. Minutes To Highways 404 & 407, GO Transit, Downtown Markham, Viva/YRT Transit, And Major Employment Hubs. A Major Highlight Is The Exceptional School Zoning, Including Top-Ranked St. Robert Catholic High School, St. Theresa of Lisieux Catholic High School, Thornlea Secondary School, Alexander Mackenzie High School, Doncrest Public School, And Adrienne Clarkson Public School. Don't Miss This Rare Opportunity To Own A Highly Functional, Oversized Unit In One Of Richmond Hill's Most Convenient And Sought-After Communities. (id:66096)

Property Details

MLS®: N13883638
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $920/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,988.38/yr
Listed: 25 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$641

List price

$609K

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 25 days, which is 22 days fresher than the city average of 47. Act while there is still low competition.

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Listed by TRUSTWELL REALTY INC. · TINA HO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $609,000, about 6.4× the local median household income of $95,000.

Carrying it typically needs a household income of about $118,959 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$609,000· $641/ft²

For sale

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Full Cost Breakdown

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Down Payment5.89% · $35,900

Min 5.89%50%

Mortgage payment$3,177/mo

↳ CMHC premium ($22,924 capitalized)

Property tax (est.)$166/mo

Condo fee$920/mo

Total monthly$4,263

Cash Needed to Close

Down payment (5.89%)$35,900

Land transfer tax$8,655

Est. closing costs$4,327

Total cash needed$48,882

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