$3,400/mo - 241 South Park Road, Markham
Condo for Rent in Markham
32 days on marketNeighbourhood: Commerce Valley
- MLS Number
- N13246062
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- NU STREAM REALTY (TORONTO) INC.
Beautiful & Spacious Townhouse In High Demand Location. Open Concept With Abundance Of Sunshine. Two En-suite Bedrooms On Third Floor With Generous Amount Of Storage . Third Bedroom & Den Is On The Ground Floor. Access To Excellent Condo Facilities (Indoor Pool, Gym, Party Rm..) Through Underground Garage. Two Parking Spots Right At Doorsteps. Quiet Neighborhood and Great Location. Nearby High Ranking Thornlea Secondary School. Close to Hwy 7/404. Steps To Parks, Restaurants, Grocery, Banks And Public Transit.
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.
241 South Park Road, Markham
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $3,400/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Markham. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 32 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.