20 Fred Varley Drive Unit 324, Markham

Price: $999,800

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13413058

Welcome to The Varley, one of Unionville's most prestigious boutique residences, renowned for its exceptional craftsmanship, and timeless architecture. Just steps from historic Main Street Unionville, this rare 2-bedroom, 3-bath suite offers two parking spaces and a locker, featuring soaring 10-foot ceilings, hardwood floors, and a private balcony. The chef-inspired kitchen is appointed with granite countertops and premium built-in Miele appliances, while the spacious primary suite boasts a spa-inspired ensuite with double sinks, a glass shower, and a soaker tub. Thoughtfully designed with a split-bedroom layout, two ensuites, and generous storage throughout, this home offers both comfort and privacy. Set within an exclusive, pet-friendly low-rise community known for its spacious designs and attention to detail, residents enjoy a refined lifestyle just moments from cafés, boutiques, Toogood Pond, parks, and top-ranking schools. Virtual staging used in photos.

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New Listing
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$999,800 - 20 Fred Varley Drive Unit 324, Markham

Condo for Sale in Markham

New — Listed 5 days ago
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13413058
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX ATRIUM HOME REALTY
Description

Welcome to The Varley, one of Unionville's most prestigious boutique residences, renowned for its exceptional craftsmanship, and timeless architecture. Just steps from historic Main Street Unionville, this rare 2-bedroom, 3-bath suite offers two parking spaces and a locker, featuring soaring 10-foot ceilings, hardwood floors, and a private balcony. The chef-inspired kitchen is appointed with granite countertops and premium built-in Miele appliances, while the spacious primary suite boasts a spa-inspired ensuite with double sinks, a glass shower, and a soaker tub. Thoughtfully designed with a split-bedroom layout, two ensuites, and generous storage throughout, this home offers both comfort and privacy. Set within an exclusive, pet-friendly low-rise community known for its spacious designs and attention to detail, residents enjoy a refined lifestyle just moments from cafés, boutiques, Toogood Pond, parks, and top-ranking schools. Virtual staging used in photos.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,129.49/mo

Includes CMHC insurance ($27,894)

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5-yr fixed avg.

Principal: $899,820Interest: $611,133
Mortgage Amount$927,714
Total Interest$611,133
Est. Property Tax$708/mo
Total Cost$1,538,848

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

20 Fred Varley Drive Unit 324, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$794

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.

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 $4,166 (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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    20 Fred Varley Drive Unit 324… — $999,800 | Battaglia Team