101 Cathedral High Street Unit 303, Markham

Price: $798,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: N13071948

Building Is Registered! Move In Ready! Live In 2-Storey Elegant Architecture Of The Courtyards In Cathedral Town! European Inspired Boutique Style Condo 5-Storey Bldg. Unique Distinctive Designs Surrounded By Landscaped Courtyard/Piazza W/Patio Spaces. This Condo Features 9Ft Ceilings, 827 SF Of Gracious Living W/2 Bedrooms & 2 Baths + W/O Balcony With East Views, Laminate Flooring Throughout. Close To A Cathedral, Shopping, Public Transit & Great Schools In A Very Unique One-Of-A-Kind Community. Amenities Incl: Concierge, Visitor Parking, Exercise Rm Party/Meeting Rm, BBQ Allowed And Much More!

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$798,000 - 101 Cathedral High Street Unit 303, Markham

New Construction for Sale in Markham

43 days on market
2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
N13071948
Property Type
New Construction
Status
active
Days on Site
43
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Building Is Registered! Move In Ready! Live In 2-Storey Elegant Architecture Of The Courtyards In Cathedral Town! European Inspired Boutique Style Condo 5-Storey Bldg. Unique Distinctive Designs Surrounded By Landscaped Courtyard/Piazza W/Patio Spaces. This Condo Features 9Ft Ceilings, 827 SF Of Gracious Living W/2 Bedrooms & 2 Baths + W/O Balcony With East Views, Laminate Flooring Throughout. Close To A Cathedral, Shopping, Public Transit & Great Schools In A Very Unique One-Of-A-Kind Community. Amenities Incl: Concierge, Visitor Parking, Exercise Rm Party/Meeting Rm, BBQ Allowed And Much More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,094.15/mo

Includes CMHC insurance ($22,264)

$
$
5%10%50%

5-yr fixed avg.

Principal: $718,200Interest: $487,782
Mortgage Amount$740,464
Total Interest$487,782
Est. Property Tax$565/mo
Total Cost$1,228,246

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

101 Cathedral High Street Unit 303, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$565
Insurance (est.)-$166
Net Cash Flow+$1,669

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $998/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.

Market Position

At 43 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 800 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 $3,325 (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.

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    101 Cathedral High Street Unit… — $798,000 | Battaglia Team