51 Saddlecreek Drive Unit 605, Markham

Price: $628,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13093204

Welcome To Galleria Tower In Commerce Valley! **Freshly Painted**Proudly Offered By The Original Owner, This Exceptionally Well-Maintained Suite Is In Excellent Condition & Showcases True Pride Of Ownership. This Spacious Southwest Facing Unit Offers Abundance Sunlight & A Functional Open-Concept Layout. It Features A 300 Sq Ft Living & Dining Area Perfect For Entertaining Or Relaxing. Enjoy A Large Kitchen With A window & Abundant Cabinetry Providing A Bright & Practical Cooking Space. The Large Master Bedroom Serves As A Private Retreat, Complete With A Spacious Walk-In Closet & A Luxurious Ensuite With A Shower. Split 2 Bedroom Layout Offers Privacy, Step Out To A Large Private Balcony & Take In The Unobstructed, Beautiful Southwest Views & Sun-Filled Ambiance Throughout The Day. Building Amenities Include 24-Hour Concierge, Gym, Saunas, Party Room & Visitor Parking. Steps To Parks, Schools, Shopping, Public Transit & Easy Access To Hwy 404/407. Ideal For First-Time Buyers, Downsizers, Or Investors Alike, Don't Miss This Opportunity To Own A Premium Corner Unit At An Unbelievable Price.

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$628,000 - 51 Saddlecreek Drive Unit 605, Markham

Condo for Sale in Markham

40 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13093204
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
STARHOME REALTY INC
Description

Welcome To Galleria Tower In Commerce Valley! **Freshly Painted**Proudly Offered By The Original Owner, This Exceptionally Well-Maintained Suite Is In Excellent Condition & Showcases True Pride Of Ownership. This Spacious Southwest Facing Unit Offers Abundance Sunlight & A Functional Open-Concept Layout. It Features A 300 Sq Ft Living & Dining Area Perfect For Entertaining Or Relaxing. Enjoy A Large Kitchen With A window & Abundant Cabinetry Providing A Bright & Practical Cooking Space. The Large Master Bedroom Serves As A Private Retreat, Complete With A Spacious Walk-In Closet & A Luxurious Ensuite With A Shower. Split 2 Bedroom Layout Offers Privacy, Step Out To A Large Private Balcony & Take In The Unobstructed, Beautiful Southwest Views & Sun-Filled Ambiance Throughout The Day. Building Amenities Include 24-Hour Concierge, Gym, Saunas, Party Room & Visitor Parking. Steps To Parks, Schools, Shopping, Public Transit & Easy Access To Hwy 404/407. Ideal For First-Time Buyers, Downsizers, Or Investors Alike, Don't Miss This Opportunity To Own A Premium Corner Unit At An Unbelievable Price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,221.97/mo

Includes CMHC insurance ($17,521)

$
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5%10%50%

5-yr fixed avg.

Principal: $565,200Interest: $383,868
Mortgage Amount$582,721
Total Interest$383,868
Est. Property Tax$445/mo
Total Cost$966,590

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

51 Saddlecreek Drive Unit 605, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$445
Insurance (est.)-$131
Net Cash Flow+$1,134

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 $628/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.

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 $2,617 (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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    51 Saddlecreek Drive Unit 605… — $628,000 | Battaglia Team