$1,388,000 - 8 Cedarland Drive Unit W118, Markham
Condo for Sale in Markham
New — Listed yesterday- MLS Number
- N13010624
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- SUPERSTARS REALTY LTD.
Brand new, never lived-in luxury residence in the heart of prestigious Unionville, offering an exceptional 1,910 sq.ft. interior plus an extraordinary 1,135 sq.ft. of private outdoor space across four levels-an extremely rare offering in today's market. Rare ground-floor layout with impressive 10' ceilings, abundant natural light, and an elegant, highly functional design ideal for modern family living. Every level features its own private outdoor retreat, including a unique elevated park-level terrace with one of the most desirable open views in the building. The spacious primary suite features a spa-inspired 6-piece ensuite and oversized walk-in closet, creating a true private sanctuary. Premium finishes include stainless steel appliances and 2 parking spaces, including 1 EV-equipped spot. Located in a prestigious full-service residence with 24/7 concierge, expansive fitness centre, indoor sports court, pet spa, party room, kids' play room, and entertainment terrace. Surrounded by top-ranked schools, steps to Unionville GO Station, First Markham Place, historic Main Street Unionville, premium dining, shopping, and quick access to Highways 404/407-offering outstanding convenience, prestige, and long-term value in one of Markham's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$6,139.59/mo
5-yr fixed avg.
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.
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
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.
8 Cedarland Drive Unit W118, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $771/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.
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 $5,783 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.