$1,499,800 - 85 Village Parkway, Markham
Condo for Sale in Markham
135 days on market- MLS Number
- N12722378
- Property Type
- Condo
- Status
- active
- Days on Site
- 135
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ALL-STARS REALTY INC.
Welcome home to 85 Village Parkway, a Village Park executive luxury townhome located in prime Unionville! The most desirable and ultrafunctional spacious layout ideal for all buyers! 2 car garage and double driveway with direct access to the home. Approximately 2650 sq ft of chic living space + 150 sq ft terrace off the kitchen and an additional balcony off the principal bathroom. Airy 9 ft ceilings on three levels and bright principal rooms filled with natural light from picturesque, oversized windows. Family sized, modern eat-in kitchen with a large island and stainless steel appliances; Open concept and spacious living and dining rooms with a grand gas fireplace with cast stone surround & mantle, crown mouldings, pot lights & built-ins; A separate roomy family room to suit all needs; A fully professionally finished lower level with a full bathroom for additional living space. 5 modern bathrooms!!! 3 Large bedrooms including two with walk-in closets! Ample storage space through-out including 3 double door coat closets. All updated light fixtures, California Shutters++ Located across from Whole Foods Plaza and tons of conveniences, shopping, all transit, Main Street Unionville, great schools including Unionville High School, York University, Highways404/407 ++ The ultimate lifestyle choice. Don't miss this opportunity to move in and enjoy the good life! ***See full media including a cinematic walk-through attached.***
Estimate your monthly payments for this property
Estimated Payment
$6,634.12/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.
85 Village Parkway, Markham
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Rental income estimator & ROI calculator
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 $750/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 135 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 5 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 $6,249 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.