$565,000 - 89 South Town Centre Boulevard Unit 1801, Markham
Condo for Sale in Markham
34 days on market- MLS Number
- N13120272
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rare Opportunity To Own An Exquisite Penthouse Suite In The Prestigious And Very Elegant Fontana Condos. This 1 + 1 Den | 2 Bath Unit Boasts Soaring 10-Foot Ceilings And Breathtaking Unobstructed East Views Filling The Space With Natural Light. This Highly Functional Layout Includes A Primary Bedroom With A Walk-In Closet And 4-Piece Ensuite Plus A Large Separate Den That Easily Functions As A Second Bedroom With A Full Bathroom Located Directly Across The Hall. The Open Concept Living, Dining, And Kitchen Area Creates A Seamless Flow Perfect For Modern Living. This Property Includes One Underground Parking Space And One Locker. As An Energy Efficient LEED Certified Building, It Features Some Of The Lowest Maintenance Fees In The Area And Is Meticulously Managed With 24/7 Concierge And Security. Exceptional Amenities Include An Indoor Pool, Large Multi-Sport Gymnasium For Basketball And Badminton, Fitness Centre, And Party Room. Located In Prime Markham With A High Walk Score, You Are Steps To Viva Transit And Minutes To Unionville GO Station, Highway 7, And Highway 404. Close To York University, Pan Am Centre, And YMCA. Benefit From Elite Educational Opportunities At Top-Ranked Unionville High School Along With Highly Desirable IB And French Immersion Program Options. Enjoy Unbeatable Convenience With First Markham Place, Markville Mall, Supermarkets, And Tons Of Eating Options All Within Easy Reach. This Is Luxury And Efficiency Combined In An Unbeatable Location.
Estimate your monthly payments for this property
Estimated Payment
$2,898.74/mo
Includes CMHC insurance ($15,764)
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.
89 South Town Centre Boulevard Unit 1801, 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 $942/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.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $2,354 (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.