25 Galleria Parkway, Markham

Price: $1,060,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: N13462530

Luxury 'Parkview Tower' Townhome * Prime Location * Steps To Viva Transit, Walk To All Amenities: Restaurants, Banks, Plazas, Commerce Gate, Times Square, Min To 404 & 407 * Direct Access To U/G Parking. Mnt Fee Incl Landscaping, Snow Shoveling, Condo Facilities: Indoor Pool, Gym/Exercise, Sauna, Party Room, Vistor Parking. Water Tank Rental Not Included.

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$1,060,000 - 25 Galleria Parkway, Markham

Condo for Sale in Markham

Neighbourhood: Commerce Valley

3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
N13462530
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Markham
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
JDL REALTY INC.
Description

Luxury 'Parkview Tower' Townhome * Prime Location * Steps To Viva Transit, Walk To All Amenities: Restaurants, Banks, Plazas, Commerce Gate, Times Square, Min To 404 & 407 * Direct Access To U/G Parking. Mnt Fee Incl Landscaping, Snow Shoveling, Condo Facilities: Indoor Pool, Gym/Exercise, Sauna, Party Room, Vistor Parking. Water Tank Rental Not Included.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,688.74/mo

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5-yr fixed avg.

Principal: $848,000Interest: $558,621
Mortgage Amount$848,000
Total Interest$558,621
Est. Property Tax$751/mo
Total Cost$1,406,621

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

25 Galleria Parkway, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$751
Insurance (est.)-$221
Net Cash Flow+$1,228

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 $663/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 19 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.

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 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.

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    25 Galleria Parkway, Markham | $1,060,000 | Battaglia Team