108 South Park Road, Markham

Price: $1,438,800

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: N13843526

A distinctive 3-storey condo townhouse featuring a private elevator serving all levels, offering exceptional convenience for families with seniors, those considering downsizing, or anyone looking for an easier, more accessible layout. Built by Times Group in 2019, this approximately 2,130 sq. ft. above-grade residence offers a well-planned 3-bedroom, 4-bathroom layout with hardwood floors throughout the main living areas. 9ft ceiling for above ground levels. Ground floor features a spacious family room with large windows and crown moulding, while the second floor offers an open-concept living and dining area, a modern kitchen with centre island, quartz countertop and stainless steel built in appliances, plus a breakfast area with walk-out to the deck. The third floor features a generous primary bedroom with 3-piece ensuite and two additional bedrooms, each with hardwood flooring and large windows. The finished lower level adds approximately 515 sq. ft. of versatile recreation space, also connected by the elevator. Ideally located in Markham's Commerce Valley community near Hwy 7 and Leslie, with convenient access to major highways, public transit, shopping, restaurants, schools and everyday amenities, with future T&T Supermarket within walking distance.

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New Listing
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$1,438,800 - 108 South Park Road, Markham

Condo for Sale in Markham

New — Listed 7 days ago

Neighbourhood: Commerce Valley

3Beds
4Baths
2,000 - 2,499Sq Ft
Condo

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Property Details
MLS Number
N13843526
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Taxes (2026)
$6,670
Maintenance Fees
$371/mo
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

A distinctive 3-storey condo townhouse featuring a private elevator serving all levels, offering exceptional convenience for families with seniors, those considering downsizing, or anyone looking for an easier, more accessible layout. Built by Times Group in 2019, this approximately 2,130 sq. ft. above-grade residence offers a well-planned 3-bedroom, 4-bathroom layout with hardwood floors throughout the main living areas. 9ft ceiling for above ground levels. Ground floor features a spacious family room with large windows and crown moulding, while the second floor offers an open-concept living and dining area, a modern kitchen with centre island, quartz countertop and stainless steel built in appliances, plus a breakfast area with walk-out to the deck. The third floor features a generous primary bedroom with 3-piece ensuite and two additional bedrooms, each with hardwood flooring and large windows. The finished lower level adds approximately 515 sq. ft. of versatile recreation space, also connected by the elevator. Ideally located in Markham's Commerce Valley community near Hwy 7 and Leslie, with convenient access to major highways, public transit, shopping, restaurants, schools and everyday amenities, with future T&T Supermarket within walking distance.

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Estimated Payment

$6,364.30/mo

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5-yr fixed avg.

Principal: $1,151,040Interest: $758,249
Mortgage Amount$1,151,040
Total Interest$758,249
Est. Property Tax$1,019/mo
Total Cost$1,909,289

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: Commerce Valley

Discover Commerce Valley

Commerce Valley 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 Commerce Valley

  • •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

Commerce Valley 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

108 South Park Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$371
Property Tax (est.)-$1,019
Insurance (est.)-$300
Net Cash Flow+$1,870

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 $719/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.

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. The $371/month fees should cover building insurance, common elements, and reserve contributions.

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 4 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.

About Commerce Valley

I know Commerce Valley 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.

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    108 South Park Road, Markham | $1,438,800 | Battaglia Team