88 Old Kennedy Road Unit 28, Markham

Price: $499,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12930212

Lucky Number 88! Welcome to this beautiful condo-townhouse in one of Markham's most sought-after neighbourhoods. Rarely offered and bright, this spacious 2-bedroom, 2-bathroomunit features two private balconies and a well-designed layout. Freshly painted and meticulously maintained, this clean and move-in-ready home is perfect for first-time buyers, newcomers, and young families. Enjoy unbeatable convenience just steps from transit and within walking distance to Pacific Mall, Splendid China Tower, schools, grocery stores, restaurants, banks, medical offices, and more. Located in a school bus zone and close to GO Train and TTC access with only one fare to Finch Station. Easy access to community centres, elementary and secondary schools makes, this home ideal for families. Low maintenance fees include outdoor lighting, roof maintenance, and snow removal-adding exceptional value and peace of mind. Extras include all existing electric light fixtures, newer fridge, brand new stove, washer and dryer, dishwasher, hot water tank, central air conditioning, and newer zebra blackout blinds. A wonderful opportunity in a high-demand area-don't miss out!

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$499,000 - 88 Old Kennedy Road Unit 28, Markham

Condo for Sale in Markham

78 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12930212
Property Type
Condo
Status
active
Days on Site
78
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
THE GUARDIAN HOME REALTY INC.
Description

Lucky Number 88! Welcome to this beautiful condo-townhouse in one of Markham's most sought-after neighbourhoods. Rarely offered and bright, this spacious 2-bedroom, 2-bathroomunit features two private balconies and a well-designed layout. Freshly painted and meticulously maintained, this clean and move-in-ready home is perfect for first-time buyers, newcomers, and young families. Enjoy unbeatable convenience just steps from transit and within walking distance to Pacific Mall, Splendid China Tower, schools, grocery stores, restaurants, banks, medical offices, and more. Located in a school bus zone and close to GO Train and TTC access with only one fare to Finch Station. Easy access to community centres, elementary and secondary schools makes, this home ideal for families. Low maintenance fees include outdoor lighting, roof maintenance, and snow removal-adding exceptional value and peace of mind. Extras include all existing electric light fixtures, newer fridge, brand new stove, washer and dryer, dishwasher, hot water tank, central air conditioning, and newer zebra blackout blinds. A wonderful opportunity in a high-demand area-don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

88 Old Kennedy Road Unit 28, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,253

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 $499/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 78 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.

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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    88 Old Kennedy Road Unit 28, Ma… — $499,000 | Battaglia Team