33 Clegg Road Unit 703, Markham

Price: $699,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13437014

Spacious 2+1 Bedroom Unit Located In The Well-Managed Fontana Condos At 33 Clegg Road, Markham, Built In 2016. This Suite Offers A Practical And Efficient Layout Of Approximately 1016 Square Feet, Featuring A Desirable Southwest Exposure That Provides Excellent Natural Light Throughout The Day. The Unit Includes One Parking Space And One Locker For Additional Storage Convenience. Situated In A Sought-After Location Close To Major Highways, Shopping Centers, Restaurants, And Public Transit, This Property Offers Both Comfort And Accessibility. SEE ADDITIONAL REMARKS TO DATA FORM.

33 Clegg Road Unit 703 - Condo photo 1 of 12 in Markham, Ontario
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33 Clegg Road Unit 703 - Condo photo 12 of 12 in Markham, Ontario
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New Listing
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$699,900 - 33 Clegg Road Unit 703, Markham

Condo for Sale in Markham

New — Listed yesterday
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13437014
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Spacious 2+1 Bedroom Unit Located In The Well-Managed Fontana Condos At 33 Clegg Road, Markham, Built In 2016. This Suite Offers A Practical And Efficient Layout Of Approximately 1016 Square Feet, Featuring A Desirable Southwest Exposure That Provides Excellent Natural Light Throughout The Day. The Unit Includes One Parking Space And One Locker For Additional Storage Convenience. Situated In A Sought-After Location Close To Major Highways, Shopping Centers, Restaurants, And Public Transit, This Property Offers Both Comfort And Accessibility. SEE ADDITIONAL REMARKS TO DATA FORM.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

33 Clegg Road Unit 703, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,468

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 $700/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 $2,916 (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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    33 Clegg Road Unit 703, Markham — $699,900 | Battaglia Team