68 Main Street Unit 232, Markham

Price: $698,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: New Construction

MLS#: N12795164

This Rare Gem Is Located In An Amazing Boutique Building Located At 68 Main Street North, Nestled In The Heart Of Historic Markham Village. This North Facing Spacious 2 Bedroom Plus Study Suite Has 9ft Ceilings, Approximately 1,106 SF Of Luxury, Floor To Ceiling Windows, White Kitchen W/ Slide Out Lower Cabinets And Has 2 Walk-Outs To A Large Balcony (Approx.115sf) From The Living Room And Dining Room. Master Bedroom Has A Large Walk-In Closet, Main Bathroom Has A Soaker Tub, Frame-less Glass Shower Door, The Unit Looks Like A Model Home, Ideal For Entertainment And Offers Amenities: A Rooftop Patio For Those Amazing BBQ's, And Exercise Room, Party Room, And Wonderful Guest Suites. This Condo Unit Boasts Of 9ft Ceilings, Very Quiet Complex, Walk To Shopping, Cafes And Wonderful Restaurants. Walk To GO Train Station To Toronto, Minutes Away From 407ETR, Parks, Schools And Much More! Enjoy All The Charm And Character Of One Of Ontario's Most Historic Communities While Just Steps Away From Modern Amenities. Don't Miss Out!

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$698,000 - 68 Main Street Unit 232, Markham

New Construction for Sale in Markham

102 days on market
3Beds
2Baths
1,000Sq Ft
New Construction
Property Details
MLS Number
N12795164
Property Type
New Construction
Status
active
Days on Site
102
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

This Rare Gem Is Located In An Amazing Boutique Building Located At 68 Main Street North, Nestled In The Heart Of Historic Markham Village. This North Facing Spacious 2 Bedroom Plus Study Suite Has 9ft Ceilings, Approximately 1,106 SF Of Luxury, Floor To Ceiling Windows, White Kitchen W/ Slide Out Lower Cabinets And Has 2 Walk-Outs To A Large Balcony (Approx.115sf) From The Living Room And Dining Room. Master Bedroom Has A Large Walk-In Closet, Main Bathroom Has A Soaker Tub, Frame-less Glass Shower Door, The Unit Looks Like A Model Home, Ideal For Entertainment And Offers Amenities: A Rooftop Patio For Those Amazing BBQ's, And Exercise Room, Party Room, And Wonderful Guest Suites. This Condo Unit Boasts Of 9ft Ceilings, Very Quiet Complex, Walk To Shopping, Cafes And Wonderful Restaurants. Walk To GO Train Station To Toronto, Minutes Away From 407ETR, Parks, Schools And Much More! Enjoy All The Charm And Character Of One Of Ontario's Most Historic Communities While Just Steps Away From Modern Amenities. Don't Miss Out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,581.10/mo

Includes CMHC insurance ($19,474)

$
$
5%10%50%

5-yr fixed avg.

Principal: $628,200Interest: $426,656
Mortgage Amount$647,674
Total Interest$426,656
Est. Property Tax$494/mo
Total Cost$1,074,331

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

68 Main Street Unit 232, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$494
Insurance (est.)-$145
Net Cash Flow+$2,161

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 $698/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.

Negotiation Opportunity

At 102 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.

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 $2,908 (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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    68 Main Street Unit 232, Markham — $698,000 | Battaglia Team