8 Cedarland Drive Unit 133, Markham

Price: $1,248,800

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13036980

Brand New Never Lived-in Townhouse Located in the prestigious heart of Unionville, this stunning three-bedroom townhouse at Vendome Markham offers a rare combination of luxury, privacy, and the 24-hour security of a premier condominium. Spanning 1,419 square feet of functional living space, the home features a bright, open-concept main floor with soaring 12-foot ceilings and a chef-inspired kitchen equipped with a gas stove, high-end Miele appliances, and quartz countertops. A standout feature is the main floor bedroom with full bathroom access, providing a perfect solution for those looking to have the option of avoiding stairs. The interior is finished to the highest standard with smooth ceilings, pot lights, and premium plank flooring throughout. Residents will enjoy multiple private outdoor retreats, including ground-floor patio facing the park, a second-floor Juliet balcony, and a dedicated primary bedroom terrace. Additional conveniences include a temperature-controlled storage locker and a location that places you minutes from top-ranked Unionville High School, York University, and the historic charm of Main Street Unionville, with effortless access to Highways 407 and 404.This townhouse won't last long! Just move in and decorate!

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$1,248,800 - 8 Cedarland Drive Unit 133, Markham

Condo for Sale in Markham

56 days on market
3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13036980
Property Type
Condo
Status
active
Days on Site
56
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Brand New Never Lived-in Townhouse Located in the prestigious heart of Unionville, this stunning three-bedroom townhouse at Vendome Markham offers a rare combination of luxury, privacy, and the 24-hour security of a premier condominium. Spanning 1,419 square feet of functional living space, the home features a bright, open-concept main floor with soaring 12-foot ceilings and a chef-inspired kitchen equipped with a gas stove, high-end Miele appliances, and quartz countertops. A standout feature is the main floor bedroom with full bathroom access, providing a perfect solution for those looking to have the option of avoiding stairs. The interior is finished to the highest standard with smooth ceilings, pot lights, and premium plank flooring throughout. Residents will enjoy multiple private outdoor retreats, including ground-floor patio facing the park, a second-floor Juliet balcony, and a dedicated primary bedroom terrace. Additional conveniences include a temperature-controlled storage locker and a location that places you minutes from top-ranked Unionville High School, York University, and the historic charm of Main Street Unionville, with effortless access to Highways 407 and 404.This townhouse won't last long! Just move in and decorate!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,523.86/mo

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5%20%50%

5-yr fixed avg.

Principal: $999,040Interest: $658,119
Mortgage Amount$999,040
Total Interest$658,119
Est. Property Tax$885/mo
Total Cost$1,657,159

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

8 Cedarland Drive Unit 133, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,025

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

Fair Market Value

At $892/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 56 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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $5,203 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 Cedarland Drive Unit 133, Markham | $1,248,800 | Battaglia Team