$680,000 - 20 St Moritz Way Unit 13, Markham
Condo for Sale in Markham
38 days on market- MLS Number
- N13092796
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ACCSELL REALTY INC.
Rarely available condo townhome situated in the highly coveted Unionville High School boundary. This residence offers a functional multi-level floor plan featuring a basement with direct access to two side-by-side underground parking spaces, providing the privacy and convenience of a private garage within a condominium structure. The location provides immediate proximity to major transportation arteries, situated just minutes from Highway 404 and the Highway 7 rapidway. Residents benefit from being within walking distance to a dense concentration of amenities, including the SmartCentres Markham Woodside and the extensive dining and entertainment options of Downtown Markham. Local infrastructure includes the Markham Pan Am Centre, YMCA, and the Cineplex VIP cinemas. For outdoor enthusiasts, the property is located near Huntington Park and the local ravine trail system. The area is served by top-rated elementary schools and is a short drive from the future York University Markham Campus. This home represents a practical choice for professionals and families seeking a low-maintenance lifestyle in a central, high-demand York Region hub. Sold As Is-Where Is. All taxes, measurements & information regarding the property must be verified by buyer or co-op agent. *Please read all attachments*
Estimate your monthly payments for this property
Estimated Payment
$3,488.75/mo
Includes CMHC insurance ($18,972)
5-yr fixed avg.
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.
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
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.
20 St Moritz Way Unit 13, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $567/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.
Market Position
At 38 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.