12 Sandpiper Key Way, Markham

Price: $989,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13424614

Embrace effortless living in this beautifully updated 2+1 bedroom Meadowlark bungalow, ideally situated within the sought-after gated community of Swan Lake Village. Offering comfortable main-floor living and a thoughtfully finished lower level, this home combines modern updates, flexible living space, and the ease of a low-maintenance lifestyle. A welcoming foyer with frosted glass double-door closet leads to the spacious living and dining areas, where soaring cathedral ceilings create an airy and inviting atmosphere. The adjoining sunroom is bathed in natural light and overlooks peaceful greenspace, with a walkout to the private deck; an ideal setting for morning coffee, outdoor entertaining, or quiet afternoons surrounded by mature trees and landscaping. The well-appointed kitchen offers granite countertops, ample cabinetry and workspace, flowing seamlessly into the principal living areas. The primary bedroom retreat features a beautifully renovated ensuite with a large glass-enclosed walk-in shower, modern vanity, and contemporary finishes. A bright second bedroom provides comfortable accommodation for guests, while the updated main bath also offers the convenience of a walk-in shower. The finished lower level dramatically expands the living space with an expansive recreation room, fitness area, home office space, guest sleeping area, and abundant storage. Modern vinyl tile flooring, extensive pot lighting, and painted ceiling beams create a stylish loft-inspired aesthetic while enhancing the sense of openness throughout. Outside, the deck overlooks a tranquil shaded greenspace setting, creating a peaceful extension of the home. With updated bathrooms, exceptional finished living space, and one of Swan Lake's most desirable lifestyle settings, this move-in-ready home offers a rare opportunity to enjoy comfortable, low-maintenance living in a welcoming adult lifestyle community. Come see all that Swan Lake has to offer! *See Virtual tour, photos, and floorplan*

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active
New Listing
1/50

$989,000 - 12 Sandpiper Key Way, Markham

Condo for Sale in Markham

New — Listed 3 days ago
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13424614
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
SUTTON GROUP-HERITAGE REALTY INC.
Description

Embrace effortless living in this beautifully updated 2+1 bedroom Meadowlark bungalow, ideally situated within the sought-after gated community of Swan Lake Village. Offering comfortable main-floor living and a thoughtfully finished lower level, this home combines modern updates, flexible living space, and the ease of a low-maintenance lifestyle. A welcoming foyer with frosted glass double-door closet leads to the spacious living and dining areas, where soaring cathedral ceilings create an airy and inviting atmosphere. The adjoining sunroom is bathed in natural light and overlooks peaceful greenspace, with a walkout to the private deck; an ideal setting for morning coffee, outdoor entertaining, or quiet afternoons surrounded by mature trees and landscaping. The well-appointed kitchen offers granite countertops, ample cabinetry and workspace, flowing seamlessly into the principal living areas. The primary bedroom retreat features a beautifully renovated ensuite with a large glass-enclosed walk-in shower, modern vanity, and contemporary finishes. A bright second bedroom provides comfortable accommodation for guests, while the updated main bath also offers the convenience of a walk-in shower. The finished lower level dramatically expands the living space with an expansive recreation room, fitness area, home office space, guest sleeping area, and abundant storage. Modern vinyl tile flooring, extensive pot lighting, and painted ceiling beams create a stylish loft-inspired aesthetic while enhancing the sense of openness throughout. Outside, the deck overlooks a tranquil shaded greenspace setting, creating a peaceful extension of the home. With updated bathrooms, exceptional finished living space, and one of Swan Lake's most desirable lifestyle settings, this move-in-ready home offers a rare opportunity to enjoy comfortable, low-maintenance living in a welcoming adult lifestyle community. Come see all that Swan Lake has to offer! *See Virtual tour, photos, and floorplan*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,074.08/mo

Includes CMHC insurance ($27,593)

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5-yr fixed avg.

Principal: $890,100Interest: $604,532
Mortgage Amount$917,693
Total Interest$604,532
Est. Property Tax$701/mo
Total Cost$1,522,225

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

12 Sandpiper Key Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$1,203

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 $989/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,121 (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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    12 Sandpiper Key Way, Markham | $989,000 | Battaglia Team