$749,999 - 25 Austin Drive Unit 817, Markham
Condo for Sale in Markham
92 days on market- MLS Number
- N12891272
- Property Type
- Condo
- Status
- active
- Days on Site
- 92
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Markham
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ALL-STARS REALTY INC.
MARKHAMS iconic Walden Ponds Building located at 25 Austin Drive, is the ORIGINAL grand buiding in the area. Built by Tridel known for its exceptioanlly large suites, this building was designed in an era when space, comfort and quality construction were the priorities. Most suites offer generous layouts rarely seen in newer buildings - ideal for those who appreciate spacious living, natural light and the charm of a well established community. Located in the HEART Unionville, residents enjoy proximity to parks, historic Main St. Unionville, Markville Shopping Centre / Mall, access to Hwy 7 and 407 and THREE (3) GO BUS and TRAIN stations with parking, York University East Campus,. This Building is a true landmark in Markham - Unionville! A must SEE. Scenic Trails and Green Spaces all around. Pool, Sauna, HotTub, Gym, Cards Room, Pool and Table Tennis Room, Library, Beautiful Outdoor Patio with GAS BBQ. Gated Community, Safe and Secure. Boutique Building with a 5 STAR HOTEL perspective of SERVICE!
Estimate your monthly payments for this property
Estimated Payment
$3,847.88/mo
Includes CMHC insurance ($20,925)
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.
25 Austin Drive Unit 817, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $536/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 92 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.
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.
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 $3,125 (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.