306 John Street Unit 291, Markham

Price: $518,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13234592

Attention First-Time Buyers, Young Families & Investors! Welcome To Your Perfect Starter Home Nested In A Top-Tier School Zone. This Beautiful 1-Bedroom Condo Townhouse Offers 790 Sq.Ft. Of Smartly Designed, Highly Functional Living Space, Allowing You To Enjoy All The Premium Benefits of Townhome Living Without The High Maintenance.Located In The Highly Coveted Boundaries of Top-Ranked Schools, Including Highly-Rated Public Elementary/Secondary Schools, Renowned Thornlea Secondary School, & Prestigious St. Robert Catholic High School (IB Program). Offering Exceptional Educational Pathways For Your Family.Step Inside To A Bright, Open-Concept Layout Featuring Hardwood Flooring Throughout The Living Area And Master Bedroom. The Modern Kitchen Is A Chef's Delight, Boasting Stunning Granite Countertops, A Trendy Backsplash, And Brand New Stainless Steel Appliances, All Illuminated By LED Light Fixtures.The True Crown Jewel Of This Home Is The Massive, Private Rooftop Terrace-An Incredible Oasis Perfect For Entertainin, Summer BBQs, Or Quiet Relaxation with a View.Convenience Is Truly At Your Doorstep. Enjoy A Seamless Walking Distance To Busy Plazas Featuring Food Basics, Shoppers Drug Mart, A Medical Center, Cozy Coffee Shops, Banking, And Diverse Dining Options. With Beautiful Community Parks, Top-Tier Public & Catholic Schools, And Effortless Transit Access Nearby, This Move-In Ready Gem Truly Has It All. Why Rent When You Can Own This Low-Maintenance Perfection?

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active
New Listing
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$518,000 - 306 John Street Unit 291, Markham

Condo for Sale in Markham

New — Listed 5 days ago
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13234592
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
HOME STANDARDS BRICKSTONE REALTY
Description

Attention First-Time Buyers, Young Families & Investors! Welcome To Your Perfect Starter Home Nested In A Top-Tier School Zone. This Beautiful 1-Bedroom Condo Townhouse Offers 790 Sq.Ft. Of Smartly Designed, Highly Functional Living Space, Allowing You To Enjoy All The Premium Benefits of Townhome Living Without The High Maintenance.Located In The Highly Coveted Boundaries of Top-Ranked Schools, Including Highly-Rated Public Elementary/Secondary Schools, Renowned Thornlea Secondary School, & Prestigious St. Robert Catholic High School (IB Program). Offering Exceptional Educational Pathways For Your Family.Step Inside To A Bright, Open-Concept Layout Featuring Hardwood Flooring Throughout The Living Area And Master Bedroom. The Modern Kitchen Is A Chef's Delight, Boasting Stunning Granite Countertops, A Trendy Backsplash, And Brand New Stainless Steel Appliances, All Illuminated By LED Light Fixtures.The True Crown Jewel Of This Home Is The Massive, Private Rooftop Terrace-An Incredible Oasis Perfect For Entertainin, Summer BBQs, Or Quiet Relaxation with a View.Convenience Is Truly At Your Doorstep. Enjoy A Seamless Walking Distance To Busy Plazas Featuring Food Basics, Shoppers Drug Mart, A Medical Center, Cozy Coffee Shops, Banking, And Diverse Dining Options. With Beautiful Community Parks, Top-Tier Public & Catholic Schools, And Effortless Transit Access Nearby, This Move-In Ready Gem Truly Has It All. Why Rent When You Can Own This Low-Maintenance Perfection?

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,657.61/mo

Includes CMHC insurance ($14,452)

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5%10%50%

5-yr fixed avg.

Principal: $466,200Interest: $316,630
Mortgage Amount$480,652
Total Interest$316,630
Est. Property Tax$367/mo
Total Cost$797,283

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

306 John Street Unit 291, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$367
Insurance (est.)-$108
Net Cash Flow+$870

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 $740/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.

Efficient Living

At 700 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.

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 $2,158 (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.

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    306 John Street Unit 291, Markh… — $518,000 | Battaglia Team