$659,000 - 1 Grandview Avenue Unit 510, Markham
Condo for Sale in Markham
60 days on marketNeighbourhood: Grandview
- MLS Number
- N13104020
- Property Type
- Condo
- Status
- active
- Days on Site
- 60
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SKYLAND REALTY INC.
Located at the convenient intersection of Yonge St and Steeles Ave, this southwest-facing 2-bedroom, 2-full-bathroom unit offers 969 square feet of living space, enhanced by 9-ft smooth ceilings that create an open and airy feel. The unit is allowed to be a live/work (commercial purpose) unit, giving owners potential to operate their own business. The open-concept kitchen is thoughtfully designed with built-in appliances, soft-close cabinets, and quartz countertops-perfect for both everyday living and entertaining. Additional upgrades include soundproofing in the bedrooms for added tranquility, upgraded bathroom faucets, and custom closet organizers to maximize storage. Beyond the unit itself, the location offers unmatched convenience, with malls and supermarkets just moments away, plus easy access to Highways 407 & 404.
Estimate your monthly payments for this property
Estimated Payment
$3,381.01/mo
Includes CMHC insurance ($18,386)
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 Grandview
Grandview 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 Grandview
- •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
Grandview 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.
1 Grandview Avenue Unit 510, 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 $732/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 60 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.
Efficient Living
At 900 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.
About Grandview
I know Grandview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.