$649,000

For sale

#LPH5 39 Galleria Parkway, Markham (Commerce Valley) - Single Family for Sale

#LPH5 39 Galleria Parkway, Markham (Commerce Valley), Ontario, L3T0A6

2 beds2 baths2 parking850 ft²$712/mo condo feeListed 71 days ago

Overview

This 2-bedroom, 2-bathroom condo in Markham is for sale offering roughly 850 sq ft of space. Its $649,000 asking price sits right in line with the $638,888 median in Markham.

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Description

Bright and spacious south facing 2 bedroom, 2 bathroom Lower Penthouse Suite filled with natural sunlight. 9Ft Ceiling. Features high ceiling and an unobstructed view overlooking a beautiful southern park, located in the prime Diamond area at Hwy 7 / Leslie / Bayview in Thornhill Markham. Enjoy large windows and a huge private balcony, along with a modern kitchen equipped with SS Appliances and centre island. Conveniently situated within walking distance to a wide variety of restaurants, and just minutes to public transit, shopping, grocery stores, and major highways. Maintenance fees include water and heat, offering excellent value and helping reduce your monthly carrying costs. Building amenities include 24 hour concierge, gym, sauna, indoor swimming pool, party room, and billiards room. 2 parking spaces (close to elevator) and 1 locker Included. Virtual staging (id:66096)

Property Details

MLS®: N13713014
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $712/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,759.1/yr
Listed: 71 days ago

Rooms

Flat

Living room: 5.39 x 3.18 meters
Dining room: 5.39 x 3.18 meters
Kitchen: 3.7 x 3.63 meters
Primary Bedroom: 4.86 x 3.13 meters
Bedroom 2: 3.86 x 2.93 meters

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

Features

Appliances: Water meter
Flooring: Tile, Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$764

List price

$649K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SUTTON GROUP REALTY SYSTEMS INC. · SHAWN FANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $649,000, about 6.8× the local median household income of $95,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$649,000· $764/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$230/mo

Condo fee$712/mo

Total monthly$4,319

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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