$749,000 - 119 Pond Drive, Markham
Condo for Sale in Markham
Popular ListingNeighbourhood: Commerce Valley
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- MLS Number
- N13832396
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $3,940
- Maintenance Fees
- $294/mo
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SUPERSTARS REALTY LTD.
Welcome To This Cozy Townhouse In A Prime Markham Location Featuring Pot Lights And Smooth Ceilings On The Main Floor, Complemented By Sleek Glass Railings. Open Concept Living And Dining Area With Large Windows. The Good Sized Kitchen Offers Stainless Steel Appliances, Backsplash, Double Sink, California Shutters, And Breakfast Area That Walks Out To A Private Balcony. The Upper Level Includes 2 Spacious Bedrooms With Large Closets And 4pc Bathroom. The Ground Floor Provides A Generous Office With A Closet And A 3pc Bathroom, Offering Flexibility To Convert The Space Into An Additional Bedroom. Top Ranking Doncrest Public School, Thornlea Secondary School, St. Rene Goupil-St. Luke Catholic Elementary School & St. Robert Catholic High School. Steps To Vanhorn Park, Shops, Restaurants, Banks, Plazas, Public Transit. Minutes To Hwy 404/407.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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 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
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.
119 Pond Drive, 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 $468/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.
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 $294/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.
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.
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 $3,121 (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.