$799,000 - 278 Buchanan Drive Unit 817, Markham
Condo for Sale in Markham
New — Listed 2 days ago- MLS Number
- N13414244
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUPERSTARS REALTY LTD.
** 1,126 Sq Ft + Balcony Corner Unit, 10 Ft Ceiling, 3 Bedrooms, 2 Bathrooms, 2 Parking, 2 Lockers ** Experience Upscale Living In This Stunning Corner Suite Situated At The Highly Coveted Intersection Of Hwy 7 / Warden Ave In The Heart Of Unionville, Downtown Markham. Offering Bright & Open-Concept Living Space. This Rare Corner Unit Features 10 Ft Smooth Ceilings With Lot Of Sunlight, Large, Unobstructed Floor To Ceiling Windows, And A Spacious Private Balcony, Creating A Light-Filled, Airy Atmosphere Throughout. The Beautifully Upgraded Kitchen Features Quartz Countertops With Ample Workspace, Large Centre Island With Power Socket On Both End, Double Door Stainless Steel Refrigerator, Full Size Stainless Steel Appliances Throughout, A High End Customized Modern Backsplash That Adds A Stylish, Contemporary Touch. Generous Cabinetry For Optimal Storage. All Three Bedrooms Include Large Windows, Providing Abundant Natural Light. Primary Bedroom W/ Spacious Walk-In Closet & 4 Pcs Ensuite. Additional Premium Features Include Two Side-By-Side Premium Parking Spaces, Two Oversized Lockers For Extra Storage. Located Within The Highly Ranked Unionville High School (Ranking 12/874). Steps From Whole Foods Plaza, Restaurants, Cafe, Shops, Cinema, York University, And Everyday Conveniences. Public Transit Is At Doorstep, Go Train And Hwy 404/407 Are Minutes Away, Ensuring Effortless Commuting. This Is A Rare Opportunity To Own A Luxurious, Well Appointed Corner Suite In A Vibrant, Family-Friendly Neighbourhood Perfect For Those Seeking Comfort, Convenience, And Contemporary Style In The Heart Of Markham.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
278 Buchanan Drive Unit 817, 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 $799/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.
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 $3,329 (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.