18 Uptown Drive Unit 703, Markham

Price: $499,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13246908

**Luxury 1 bedroom Condo In Uptown Markham** Practical 1 Bedroom layout with spacious bedroom With Walk-In Closet. 4 pc bathroom with ample storage. Open concept living/dining room can fit full size dining table and sofa. Modern kitchen with stainless steel appliances. Laminate Throughout. Quiet north facing exposure, large balcony. **includes 1 parking and locker conveniently located on p1 close to elevator** Close To Highway 407 & 404, Viva, YRT, Unionville GO Station. 24 Hr Concierge, Gym, Pool, Games Room & Party Room. Walk to restaurants, supermarkets, park, trails, entertainment.

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New Listing
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$499,900 - 18 Uptown Drive Unit 703, Markham

Condo for Sale in Markham

New — Listed 3 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13246908
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

**Luxury 1 bedroom Condo In Uptown Markham** Practical 1 Bedroom layout with spacious bedroom With Walk-In Closet. 4 pc bathroom with ample storage. Open concept living/dining room can fit full size dining table and sofa. Modern kitchen with stainless steel appliances. Laminate Throughout. Quiet north facing exposure, large balcony. **includes 1 parking and locker conveniently located on p1 close to elevator** Close To Highway 407 & 404, Viva, YRT, Unionville GO Station. 24 Hr Concierge, Gym, Pool, Games Room & Party Room. Walk to restaurants, supermarkets, park, trails, entertainment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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 Uptown Drive Unit 703, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,017

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 $1000/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.

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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    18 Uptown Drive Unit 703, Markh… — $499,900 | Battaglia Team