$1,088,000 - 23 Victor Herbert Way, Markham
Condo for Sale in Markham
82 days on market- MLS Number
- N12908182
- Property Type
- Condo
- Status
- active
- Days on Site
- 82
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,250 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- AIMHOME REALTY INC.
**Fronting Onto Tranquil Protected Land**Modern Contemporary Town Home Nestled On A Quiet Area, In Picturesque Cathedraltown**Built By Monarch Homes In Top Ranking School Catchment**Approximately 2300 Sq Ft**Extremely Low Maintenance Fee Which Includes Insurance ,Water, Lawn Care, and Common Area** This Bright Home Offers Glass Exterior Railings, Iron Fence/Gate, Double Front Door Entry, Bright & Spacious Entry Way. Upgraded Hardwood Floors, Custom Lights, Custom Drapery, Main Level Offers Soaring 13 Ft Ceilings Ravine Like Views, Open Multi Level Layout, Formal Dining Room, Eat-In Kitchen With Walk Out To BBQ Balcony. Spacious & Upgraded Kitchen With Loads Of Cabinet Space, Granite Countertop, Built In Appliances, Backsplash. Upper Floor Offers 3 Regular Shaped Bedrooms & 2 Full Washrooms. Spacious Primary Bedroom Retreat With Breathtaking Views Of The Creek, Large Walk In Closet, Spa Like Ensuite With Frameless Shower, Soaker Tub, Quartz Countertop & Private Walk Out Balcony. Spacious 2nd & 3rd Bedrooms Along With An Additional Full Bathroom. Finished 4 Pieces Ensuite Bdrm In Basement With Higher Ceilings, Large Above Grade Windows. Mere Steps To Visitor Parking, Schools, Parks, Shops On Cathedral High Street. Close To Hwy 404, Restaurants, Costco & All Living Amenities. Top Ranking School Catchment: St Augustine Secondary School (Catholic), Richmond Green Secondary School, Pierre Elliott Trudeau (French Immersion) & Sir John A MacDonald Public School.
Estimate your monthly payments for this property
Estimated Payment
$4,812.59/mo
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.
23 Victor Herbert Way, 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 $484/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.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 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 $4,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.