$719,999 - 25 Austin Drive Unit 817, Markham
Condo for Sale in Markham
Neighbourhood: Markville
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- MLS Number
- N13759536
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $3,326
- Maintenance Fees
- $1,488/mo
- Locker
- Ensuite
- Exposure
- East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ALL-STARS REALTY INC.
Welcome to Unit 817 at Markham's iconic Walden Pond, built by Tridel and renowned for exceptionally large suites - designed in an era when space, comfort, and quality construction were the priority. This spacious 1,452 sq ft, 2-bedroom + den, 2-bathroom suite offers generous room sizes rarely found in newer buildings, with a flowing layout ideal for both everyday living and entertaining.Enjoy a bright east-facing exposure that fills the suite with warm morning light, plus a private balcony/patio to unwind. Rather than a separate locker, this unit includes a large in-suite storage room - everything close at hand, plus one dedicated parking space.The maintenance fee of $1,488.47/month is fully all-inclusive, covering heat, hydro, water, cable TV, internet, and building insurance - genuine peace of mind and predictable monthly budgeting.Resort-style amenities include an indoor pool, sauna, hot tub, fully equipped gym, card room, table tennis room, library, and a beautiful outdoor patio with gas BBQ. This is a gated, secure community with attentive, professional property management and recently refreshed hallways and lobby.Steps to Historic Main Street Unionville, Markville Shopping Centre, Highway 7/407 access, and three GO Bus/Train stations with parking. A true landmark building in the heart of Unionville - a must SEE!
Estimate your monthly payments for this property
Estimated Payment
$3,693.97/mo
Includes CMHC insurance ($20,088)
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 Markville
Markville 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 Markville
- •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
Markville 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.
25 Austin Drive Unit 817, 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 $514/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.
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. The $1488/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 Markville
I know Markville 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 $3,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.