$379,000

For sale

#1704 180 Markham Road, Toronto (Scarborough Village) - Single Family for Sale

#1704 180 Markham Road, Toronto (Scarborough Village), Ontario, M1M2Z9

3 beds2 baths1 parking1,300 ft²$1,126/mo condo feeListed 28 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $379,000, it is attractively priced about 22% below the $489,000 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 49 days.

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Description

Welcome to 180 Markham Rd #1704, a spacious 3-bedroom, 2-bathroom penthouse condo with breathtaking panoramic views of Lake Ontario and the Toronto skyline. This bright, airy suite with two separate balconies offers an incredible opportunity to own in the heart of Scarborough Village at an unbeatable value. The unit is well cared for and fully livable, but ready for your personal touch and updates to make it truly your own. With generous principal rooms, ample storage, and endless natural light, this is the perfect place to create lasting memories. Whether you're a first-time homebuyer, a young family seeking space and convenience, retirees looking for a peaceful home near the lake, or a student at U of T Scarborough, this condo checks all the boxes. TTC is right at your doorstep, shopping and schools are within walking distance, and the Bluffs, GO Station, and Hwy 401 are just minutes away. Offers anytime. Don't miss this opportunity to unlock the potential of one of Toronto's best-kept secrets! Please note, Condo fees have been paid to the end of 2026. (id:66096)

Property Details

MLS®: E13872432
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Garage, Underground
Condo Fee: $1,126/mo
Fee Includes: Common Area Maintenance, Cable TV, Electricity
Ownership: Condo/Strata
Property Tax: $1,297/yr
Listed: 28 days ago

Rooms

Main level

Living room: 3.22 x 6.09 meters
Dining room: 2.38 x 3.78 meters
Kitchen: 2.26 x 2.81 meters
Primary Bedroom: 5.48 x 5.58 meters
Bedroom 2: 3.13 x 4.46 meters
Bedroom 3: 2.72 x 5.01 meters
Bathroom: 2.63 x 1.51 meters
Bathroom: 2.2 x 1.51 meters
Other: 2.75 x 1.51 meters

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

Features

Appliances: All, Window Coverings
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Scarborough Village) listings, avg age

49d

Price / ft²

$292

List price

$379K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Scarborough Village) has been listed for 28 days, which is 21 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX PROFESSIONALS INC. · ELIZABETH JANE JOHNSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1M)

This home lists at $379,000, about 4.4× the local median household income of $87,000.

Carrying it typically needs a household income of about $74,032 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $87,000
Population: 23,258
Median age: 44.4
Owner / renter: 63% / 37%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1M)

$379,000· $292/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,950

Min 5%50%

Mortgage payment$1,996/mo

↳ CMHC premium ($14,402 capitalized)

Property tax (est.)$108/mo

Condo fee$1,126/mo

Total monthly$3,230

Cash Needed to Close

Down payment (5%)$18,950

Land transfer tax$8,320

Est. closing costs$3,637

Total cash needed$30,907

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