2 Adam Sellers Street Unit 512, Markham

Price: $539,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13412990

Face West has bright & Open Concept Living Area and dining space and home office, With A Large Fully Enclosed Retractable Balcony Facing The Open Nature ,Built By Mattamy , Spacious Master Bedroom With Large Windows, Walk-In Closet & Shower-Ensuite Bath., Walk-In Closet . Close To Hwy 407 and HWY 7.

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New Listing
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$539,900 - 2 Adam Sellers Street Unit 512, Markham

Condo for Sale in Markham

New — Listed 5 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13412990
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North West
Balcony
Enclosed
Listing Brokerage
BAY STREET GROUP INC.
Description

Face West has bright & Open Concept Living Area and dining space and home office, With A Large Fully Enclosed Retractable Balcony Facing The Open Nature ,Built By Mattamy , Spacious Master Bedroom With Large Windows, Walk-In Closet & Shower-Ensuite Bath., Walk-In Closet . Close To Hwy 407 and HWY 7.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,769.97/mo

Includes CMHC insurance ($15,063)

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5-yr fixed avg.

Principal: $485,910Interest: $330,017
Mortgage Amount$500,973
Total Interest$330,017
Est. Property Tax$382/mo
Total Cost$830,990

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

2 Adam Sellers Street Unit 512, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$1,251

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

Competitive Pricing

At $771/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.

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 700 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 $2,250 (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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    MLS# N13412990 — 2 Adam Sellers Street Unit 512… | Battaglia Team