$499,000 - 292 VERDALE Crossing Unit (BUILDING B) UNIT 1002, Markham
Condo for Sale in Markham
101 days on market- MLS Number
- N12855346
- Property Type
- Condo
- Status
- active
- Days on Site
- 101
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/CAN REALTY CORP.
Welcome to Building B 292, Suite 1002 - Modern Living Beautiful, nearly new 2-ycar-old condo unit located in one of the most sought-after areas of Downtown Markham! Step into this stylish 1-bedroom + den, 1-bathroom condo offering 549 sq. ft. of thoughtfully designed contemporary living space, enhanced by soaring 10 ft ceilings that create an open, airy, and luxurious atmosphere. The open-concept layout features a sleek, multifunctional kitchen with integrated built-in appliances and warm wood accents, delivering a perfect blend of comfort and sophistication. The spacious balcony extends your living area-ideal for morning coffee, weekend lounging, or evening entertaining. Every detail of this premium suite is crafted for modern urban life, combining style, functionality, and convenience at every turn. You're just steps from boutique shopping, trendy restaurants, 1450/2000Cineplex VIP, and York University's Markham campus. Commuting is effortless with close access to Highways 404 & 407, Viva transit, and GO Transit, making travel throughout the GTA a breeze. Enjoy an exceptional range of building amenities including a state-of-the-art gym, yoga studio, party room, theatre, outdoor terrace, basketball court, games room, guest suites, concierge service, and ample visitor parking Don't miss your opportunity to experience upscale urban living in one of Markham's most vibrant and convenient neighbourhoods! Clean Status Certificate available
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
292 VERDALE Crossing Unit (BUILDING B) UNIT 1002, 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
Fair Market Value
At $998/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 101 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.
Efficient Living
At 500 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.