20 Fred Varley Drive Unit 312, Markham

Price: $700,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13423674

*Virtual Tour with Staging Available!* Welcome to The Varley Condos in prestigious Unionville! Bright and spacious 1 Bedroom + Den featuring a functional open-concept layout and a large den overlooking the rooftop garden-ideal for a home office, guest space, or flexible living area. Modern kitchen with built-in appliances and ample storage. Generous bedroom with built-in closets and ensuite bath. **Includes a premium parking space with a dedicated EV charger-a rare and highly desirable feature in condominium living.** Enjoy amenities including a fitness centre, rooftop garden with BBQ area, and more. Steps to Main Street Unionville, Toogood Pond Park, shops, restaurants, parks, and transit. Move-in ready and located in one of Unionville's most sought-after communities!

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$700,000 - 20 Fred Varley Drive Unit 312, Markham

Condo for Sale in Markham

Neighbourhood: Unionville

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13423674
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

*Virtual Tour with Staging Available!* Welcome to The Varley Condos in prestigious Unionville! Bright and spacious 1 Bedroom + Den featuring a functional open-concept layout and a large den overlooking the rooftop garden-ideal for a home office, guest space, or flexible living area. Modern kitchen with built-in appliances and ample storage. Generous bedroom with built-in closets and ensuite bath. **Includes a premium parking space with a dedicated EV charger-a rare and highly desirable feature in condominium living.** Enjoy amenities including a fitness centre, rooftop garden with BBQ area, and more. Steps to Main Street Unionville, Toogood Pond Park, shops, restaurants, parks, and transit. Move-in ready and located in one of Unionville's most sought-after communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,591.36/mo

Includes CMHC insurance ($19,530)

$
$
5%10%50%

5-yr fixed avg.

Principal: $630,000Interest: $427,879
Mortgage Amount$649,530
Total Interest$427,879
Est. Property Tax$496/mo
Total Cost$1,077,409

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: Unionville

Discover Unionville

Unionville 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 Unionville

  • 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

Unionville 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

20 Fred Varley Drive Unit 312, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,168

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

Premium Pricing

At $1167/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 28 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.

About Unionville

I know Unionville 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 $2,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    20 Fred Varley Drive Unit 312, Markham | $700,000 | Battaglia Team