$519,900 - 10 Rouge Valley Drive Unit 1005, Markham
Condo for Sale in Markham
New — Listed 3 days ago- MLS Number
- N13249706
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Experience modern urban living in this beautifully appointed 1-bedroom, 1-bathroom suite at York Condos, situated in the heart of Downtown Markham. This bright and stylish unit features an open-concept layout with 9-foot ceilings and floor-to-ceiling windows that fill the space with natural light. Step onto the private north-facing balcony and enjoy peaceful sunset views away from the city bustle. The contemporary kitchen is thoughtfully designed with quartz countertops and built-in appliances. Included with the unit are one parking space and one locker for added convenience! Residents enjoy access to an exceptional collection of amenities, including a fully equipped fitness centre, weight room, yoga studio, outdoor swimming pool, landscaped terrace with BBQ and lounge areas, party room, badminton court, guest suites, games rooms, secure bicycle storage, and 24-hour concierge service. Enjoy an unbeatable lifestyle with parks, trails, playgrounds, tennis courts, banks, restaurants, shops, VIP Cineplex Cinemas, and entertainment all within walking distance. Located steps from the Viva transit stop and just minutes from Unionville Go Station, Highway 407, and Highway 404, commuting is effortless!
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Markham
Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Markham
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Rouge Valley Drive Unit 1005, Markham
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1040/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.