18 Uptown Drive Unit 229, Markham

Price: $565,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13436222

Welcome to this truly one-of-a-kind 1-bedroom residence, featuring an incredible 200 sq. ft. private terrace, perfect for outdoor entertaining, dining, or simply enjoying your own urban retreat. Thoughtfully upgraded from top to bottom, this exceptional suite goes well beyond the standard finishes offered by comparable units in the building. The stunning chef-inspired kitchen showcases custom two-tone cabinetry, integrated appliances, upgraded fixtures, and elegant pot lights that seamlessly flow into the open-concept living space. The spa-inspired bathroom has been meticulously designed with premium contemporary finishes, creating a luxurious everyday experience. Technology and convenience are seamlessly integrated throughout the home. Enjoy smart-enabled lighting controls, smart-enabled motorized blinds, customizable LED bedroom lighting, and a Bluetooth-enabled LED bathroom mirror, bringing modern comfort and functionality to your fingertips. Adding even more value, this rare offering includes two side-by-side parking spaces, a highly sought-after feature, especially for those wishing one for him and one for her. Combining exceptional upgrades, cutting-edge smart home features, unmatched outdoor space, and practical conveniences, this standout residence offers a unique opportunity for discerning buyers seeking style, comfort, and value. A must-see suite that truly sets itself apart from the rest.

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New Listing
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$565,000 - 18 Uptown Drive Unit 229, Markham

Condo for Sale in Markham

New — Listed yesterday
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13436222
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
ELEVATE REALTY INC.
Description

Welcome to this truly one-of-a-kind 1-bedroom residence, featuring an incredible 200 sq. ft. private terrace, perfect for outdoor entertaining, dining, or simply enjoying your own urban retreat. Thoughtfully upgraded from top to bottom, this exceptional suite goes well beyond the standard finishes offered by comparable units in the building. The stunning chef-inspired kitchen showcases custom two-tone cabinetry, integrated appliances, upgraded fixtures, and elegant pot lights that seamlessly flow into the open-concept living space. The spa-inspired bathroom has been meticulously designed with premium contemporary finishes, creating a luxurious everyday experience. Technology and convenience are seamlessly integrated throughout the home. Enjoy smart-enabled lighting controls, smart-enabled motorized blinds, customizable LED bedroom lighting, and a Bluetooth-enabled LED bathroom mirror, bringing modern comfort and functionality to your fingertips. Adding even more value, this rare offering includes two side-by-side parking spaces, a highly sought-after feature, especially for those wishing one for him and one for her. Combining exceptional upgrades, cutting-edge smart home features, unmatched outdoor space, and practical conveniences, this standout residence offers a unique opportunity for discerning buyers seeking style, comfort, and value. A must-see suite that truly sets itself apart from the rest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,898.74/mo

Includes CMHC insurance ($15,764)

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5-yr fixed avg.

Principal: $508,500Interest: $345,359
Mortgage Amount$524,264
Total Interest$345,359
Est. Property Tax$400/mo
Total Cost$869,623

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 229, 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)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$957

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 $1130/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.

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 $2,354 (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.

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    18 Uptown Drive Unit 229, Markh… — $565,000 | Battaglia Team