$608,800 - 8 Rouge Valley Drive Unit 1202B, Markham
Condo for Sale in Markham
New — Listed yesterday- MLS Number
- N13437114
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- KW Living Realty
Rarely Available Full Penthouse Suite! Welcome to York Condos in the Heart of Downtown Markham! Experience True Luxury and Ultimate Tranquility in this Low-Density Premium 12th- Floor-Top-Floor, 2-Bedroom, 2-Bathroom Unit at York Condos. Enjoy the Absolute Peace of Mind with Absolutely No Overhead Noise. Featuring Soaring 10-ft Ceilings and Premium Unobstructed Panoramic Views. Enjoy Spectacular Fireworks Displays Right from the Comfort of Your Own Home ! This Pristine Gem Provides Exceptional Privacy, Natural Light, and an Elevated Living Experience. Comes Complete with a Prime Locker and a Highly Coveted Parking Space Conveniently Located Steps from the Elevator. Boasting a Highly Efficient Layout with Virtually No Waste Space, the Unit includes Floor-to- Ceiling Windows, a Walk-In Closet, an Upgraded Kitchen Backsplash, a Centre Island, and Premium Built-In Appliances. Step out onto the Spacious 68 sq ft Balcony to unwind. Indulge in 5-star, Resort-Style building amenities including a Spectacular Outdoor Swimming Pool, a Fully-Equipped Fitness Centre, a Stylish Party Room, and 24-Hour Concierge. Enjoy World-Class Convenience just steps away from Whole Foods, Cineplex VIP, Top Restaurants, YMCA, York University Markham Campus, Public Transit, and Easy Access to Highways 404 & 407. Located within Highly Sought-After School Boundaries including Top-Ranked Unionville High School (IB Program).Truly One of the Most Premium High-Floor Opportunities Currently Available in Downtown Markham. Ideal for Both End-Users and Investors seeking Location, Lifestyle and Long-Term Value.
Estimate your monthly payments for this property
Estimated Payment
$3,123.46/mo
Includes CMHC insurance ($16,986)
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 Rouge Valley Drive Unit 1202B, 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
Fair Market Value
At $1015/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.
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.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,537 (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.