$788,000 - 15 Knightsbridge Way, Markham
Condo for Sale in Markham
98 days on market- MLS Number
- N12865878
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
The perfect starter home you've been waiting for! Bright and open-concept, this beautifully updated home features over $150,000 in top-tobottom upgrades, allowing your family to move in and enjoy immediately-without the cost or stress of renovations. The stylish, modern kitchen isfully upgraded with a designer backsplash, undermount lighting, hood fan, and a large quartz island, making it ideal for everyday cooking,entertaining friends, or family gatherings. Tastefully selected tile enhances the foyer, kitchen, and primary bathroom, while light-toned hardwoodflooring flows throughout the main and second levels. The spa-inspired primary en-suite has been refreshed with a sleek glass shower andcontemporary vanity. Smooth ceilings, pot lights on the main floor, and an elegant hardwood staircase with iron spindles complete the home'spolished look. The finished basement provides valuable additional living space with laminate flooring and a functional pantry/cold room-perfectfor storage, it can be your home office, kids play space or turn it into a in-law suite. Addition to the cozy interior, extraordinarily to a condotownhome, this gem comes with a cute private backyard garden, feel free to grow your own mini garden here or use as a leisure space. At lastbut not least, this home nestled in a highly walkable and convenient neighborhood, you're just minutes from the high ranking schools, hospital,GO Train, grocery stores, Markville mall, transit, 407 and many more! Added peace of mind comes from an energy-efficient featuring a HomeEnergy Audit completed in May 2022, upgraded attic insulation in June 2022, and a new roof completed in 2023. Don't miss out of thisaffordable, stylish, and truly move-in ready smart home!
Estimate your monthly payments for this property
Estimated Payment
$4,042.85/mo
Includes CMHC insurance ($21,985)
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.
15 Knightsbridge Way, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $657/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 98 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.
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.
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 $3,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.