$458,000

For saleJust listed

#918 8119 Birchmount Road, Markham (Unionville), Ontario, L6G0H5

2 bd2 ba1 pk650 ft²+$479/mo

Listed by SMART SOLD REALTY

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#812 292 Verdale Crossing, Markham (Unionville), Ontario, L6G0H6

For saleJust listed

5 days ago

$630K

#812 292 Verdale Crossing, Markham (Unionville), Ontario, L6G0H6

2 bd2 ba1 pk750 ft²+$573/mo

Listed by RE/MAX NOBLECORP REAL ESTATE

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$458,000

Markham

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Overview

This 1-bedroom, 1-bathroom condo in Markham is for sale offering roughly 550 sq ft of space. Listed at $458,000, it is attractively priced about 31% below the $659,000 median asking price in Markham. It has been on the market 3 days, fresher than the Markham average of 63 days.

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

Description

Welcome to Fontana Condos in the heart of Unionville. This bright and efficiently designed 1-bedroom suite offers approximately 557 sq. ft. of well-planned living space, featuring an open-concept living, dining and kitchen area, large windows, a private balcony and a practical bedroom with closet. Freshly painted throughout in a soft neutral palette and professionally prepared for sale, the suite is clean, bright and move-in ready.The modern kitchen features granite countertops, stainless steel appliances and generous cabinetry, while the open layout makes excellent use of every square foot. One locker is included. Conveniently located near Hwy 7, transit, shopping, restaurants and the Downtown Markham / Unionville area. An excellent opportunity for a first-time buyer, downsizer or investor looking for a low-maintenance home in a highly convenient location. (id:66096)

Property Details

MLS®: N14136714
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $349/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $2,072.86/yr
Listed: 3 days ago

Market Timing

Days on market

Markham (Unionville) listings, avg age

63d

Price / ft²

$833

List price

$458K

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 (L6G)

This home lists at $458,000, about 7.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $89,463 (20% down, 25-yr amortization, stress-tested) — roughly 46% 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)

$458,000· $833/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,900

Min 5%50%

Mortgage payment$2,412/mo

↳ CMHC premium ($17,404 capitalized)

Property tax (est.)$173/mo

Condo fee$349/mo

Total monthly$2,934

Cash Needed to Close

Down payment (5%)$22,900

Land transfer tax$5,635

Est. closing costs$3,874

Total cash needed$32,409

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

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#926 99 South Town Centre Boulevard, Markham (Unionville) - Single Family for Sale

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Neighbourhood profile (L6G)

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