$950,000 - 130 Pond Drive Unit Lph3, Markham
Condo for Sale in Markham
New — Listed 3 days ago- MLS Number
- N13425176
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Markham
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Rarely offered and truly a home in the sky, this exceptional corner suite lives like a house while offering the convenience of condominium living in the heart of Richmond Hill. **1905sf per Floor Plan**Enjoy breathtaking panoramic views through expansive windows that flood the home with natural light. The thoughtfully designed open-concept layout offers no wasted space and seamlessly extends to both a private balcony and an oversized wrap-around terrace, creating the perfect setting for indoor-outdoor living and entertaining.Featuring 9-foot ceilings, elegant crown mouldings, and exceptional pride of ownership throughout, this meticulously maintained residence offers both comfort and sophistication. The suite provides the flexibility to be converted to a 3 Bedroom to suit your family's needs.The oversized primary retreat features a spacious walk-in closet and a luxurious 6-piece ensuite complete with a relaxing Jacuzzi tub. Building Amenity Including 24Hrs Concierge, Gym, Sauna, Party Room, And EV Charging Station (Pay-Per-Use). Ideally situated just minutes from Highways 404 and 407, and within walking distance to shopping, restaurants, parks. AAA school zone includes St. Robert Catholic High School, St. Theresa of Lisieux Catholic High School, Thornlea Secondary School. This is a rare opportunity to own a truly distinctive residence in one of the area's most sought-after buildings.
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
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.
130 Pond Drive Unit Lph3, 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
Competitive Pricing
At $528/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $3,958 (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.