18 Rouge Valley Drive Unit 615C, Markham

Price: $439,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: N12631642

5-year new luxury condo complex in rapid developing downtown Markham closed to upscale shopping malls & theatre, civic centre, parks & recreation, public transit, highway etc., well-kept apartment unit approx 550 sq ft + large balcony, mid-floor unobstructed north exposure, overlooking ravine, laminate flooring thruout, floor-to-ceiling windows, granite kitchen counter with backsplash, open concept practical layout. 24-hour concierge security, excellent condo facilities.

18 Rouge Valley Drive Unit 615C - New Construction photo 1 of 6 in Markham, Ontario
18 Rouge Valley Drive Unit 615C - New Construction photo 2 of 6 in Markham, Ontario
18 Rouge Valley Drive Unit 615C - New Construction photo 3 of 6 in Markham, Ontario
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$439,000 - 18 Rouge Valley Drive Unit 615C, Markham

New Construction for Sale in Markham

135 days on market
1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
N12631642
Property Type
New Construction
Status
active
Days on Site
135
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.
Description

5-year new luxury condo complex in rapid developing downtown Markham closed to upscale shopping malls & theatre, civic centre, parks & recreation, public transit, highway etc., well-kept apartment unit approx 550 sq ft + large balcony, mid-floor unobstructed north exposure, overlooking ravine, laminate flooring thruout, floor-to-ceiling windows, granite kitchen counter with backsplash, open concept practical layout. 24-hour concierge security, excellent condo facilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,252.30/mo

Includes CMHC insurance ($12,248)

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5%10%50%

5-yr fixed avg.

Principal: $395,100Interest: $268,341
Mortgage Amount$407,348
Total Interest$268,341
Est. Property Tax$311/mo
Total Cost$675,689

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

18 Rouge Valley Drive Unit 615C, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$311
Insurance (est.)-$91
Net Cash Flow+$1,598

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 $878/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.

Negotiation Opportunity

At 135 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.

Efficient Living

At 500 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.

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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    MLS# N12631642 — 18 Rouge Valley Drive Unit 615C… | Battaglia Team