$1,288,888 - 135 Pond Drive Unit 1508-1509, Markham
Condo for Sale in Markham
101 days on market- MLS Number
- N12844472
- Property Type
- Condo
- Status
- active
- Days on Site
- 101
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
*** A Rare Opportunity to Own Two Completely Renovated Units (1508 & 1509) *** Boasting over 2000 sqft of luxurious living space, divided between two fully self-contained units, this unique property offers exceptional flexibility. Both units have been meticulously renovated from top to bottom and are brand-new, never before lived in. *** Ideal Investment or Multi-Generational Living Setup *** Live in one unit while offsetting your mortgage by renting the other, rent both units, or easily convert them into a spacious single living area. This is a perfect opportunity for multi-generational living or versatile rental options. *** Unit 1508: *** A spacious, bright corner unit featuring 2 bedrooms, 2 bathrooms, and a stunning waterfall island in the kitchen. *** Unit 1509: *** A separate 2-bedroom, 1-bathroom unit offering privacy and comfort.Both units include ensuite laundry, 2 underground parking spaces, and a storage locker. *** Exquisite 2025 Renovations with High-End Finishes *** No expense was spared in the 2025 renovations, featuring custom kitchens with quartz countertops, designer backsplashes, and high-end stainless-steel appliances, including a Bosch induction range, Bosch dishwashers, a brand-new GE French door fridge with water and ice dispenser, and Electrolux and Bosch washers and dryers. *** Luxury Finishes Throughout *** Italian-made Aquabrass showers, Designo and Kohler faucets, Australian Caroma smart toilets, large Kindred stainless-steel sinks with side drains, and premium West Elm and Vaneto vanities. Custom modern Aria vents complete the high-end aesthetic. *** Convenient Location with Access to Everything *** Located in the heart of Markham, this property offers easy access to public transit, local parks, shopping centers, place of worship, great shools and a variety of other amenities. Its also just moments away from Highways 404 and 407, making commuting a breeze.
Estimate your monthly payments for this property
Estimated Payment
$5,701.18/mo
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.
135 Pond Drive Unit 1508-1509, 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 $644/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.
Negotiation Opportunity
At 101 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
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 $5,370 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.