28 Prince Regent Street Unit 240, Markham

Price: $438,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13108176

This beautifully maintained 1+Den suite by Monarch perfectly blends modern style withfunctional living. Boasting 9-foot ceilings and a sun-soaked balcony, the home features abright southern exposure that floods every room with natural light. The interior offers aseamless flow with sleek laminate flooring and a modern, open-concept kitchen equipped withgranite countertops and stainless steel appliances. Relax in the generous primary bedroom,which features large windows and a spacious walk-in closet for ample storage. The versatileden provides the perfect footprint for a dedicated home office or a cozy second bedroom.Building amenities inlcude a 24-hour concierge, visitor parking, party room, exercise room,and a car wash bay. Situated just steps from the European charm of Cathedral High Street.Minutes from local cafes, parks, and top-ranked schools, Hwys 404 & 407 just seconds away,plus quick access to Costco and the premium shopping at Woodbine/Elgin Mills.

28 Prince Regent Street Unit 240 - Condo photo 1 of 9 in Markham, Ontario
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$438,000 - 28 Prince Regent Street Unit 240, Markham

Condo for Sale in Markham

40 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13108176
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
EXPRESS REALTY INC.
Description

This beautifully maintained 1+Den suite by Monarch perfectly blends modern style withfunctional living. Boasting 9-foot ceilings and a sun-soaked balcony, the home features abright southern exposure that floods every room with natural light. The interior offers aseamless flow with sleek laminate flooring and a modern, open-concept kitchen equipped withgranite countertops and stainless steel appliances. Relax in the generous primary bedroom,which features large windows and a spacious walk-in closet for ample storage. The versatileden provides the perfect footprint for a dedicated home office or a cozy second bedroom.Building amenities inlcude a 24-hour concierge, visitor parking, party room, exercise room,and a car wash bay. Situated just steps from the European charm of Cathedral High Street.Minutes from local cafes, parks, and top-ranked schools, Hwys 404 & 407 just seconds away,plus quick access to Costco and the premium shopping at Woodbine/Elgin Mills.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,247.17/mo

Includes CMHC insurance ($12,220)

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5-yr fixed avg.

Principal: $394,200Interest: $267,730
Mortgage Amount$406,420
Total Interest$267,730
Est. Property Tax$310/mo
Total Cost$674,150

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

28 Prince Regent Street Unit 240, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$310
Insurance (est.)-$91
Net Cash Flow+$1,409

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

Competitive Pricing

At $730/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 40 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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    MLS# N13108176 — 28 Prince Regent Street Unit 240 | Battaglia Team