268 Buchanan Drive Unit 203W, Markham

Price: $649,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: New Construction

MLS#: N13524076

Welcome to the prestigious Unionville Gardens! This bright and spacious 2-bedroom, 2-bathroom condo showcases a thoughtfully designed open-concept layout with soaring 10-foot ceilings and premium upgrades throughout. The modern kitchen features granite countertops, stainless steel appliances, The primary bedroom offers a private retreat with its own Balcony, separate entrance, and a 4-piece ensuite. Upgraded laminate flooring extends throughout the suite, while the living area provides walkout access to an expansive balcony, ideal for relaxing or entertaining outdoors. Residents enjoy an exceptional selection of resort-style amenities, including an indoor pool, fitness centre, yoga studio, saunas, party room, library, and a tranquil outdoor Tai Chi garden. Conveniently located just minutes from restaurants, supermarkets, shopping, parks, and with quick access to Highways 404 and 407, this is an outstanding opportunity to enjoy luxury living in the heart of Unionville.

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New Listing
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$649,900 - 268 Buchanan Drive Unit 203W, Markham

New Construction for Sale in Markham

New — Listed 2 days ago

Neighbourhood: Unionville

2Beds
2Baths
900Sq Ft
New Construction
Property Details
MLS Number
N13524076
Property Type
New Construction
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Welcome to the prestigious Unionville Gardens! This bright and spacious 2-bedroom, 2-bathroom condo showcases a thoughtfully designed open-concept layout with soaring 10-foot ceilings and premium upgrades throughout. The modern kitchen features granite countertops, stainless steel appliances, The primary bedroom offers a private retreat with its own Balcony, separate entrance, and a 4-piece ensuite. Upgraded laminate flooring extends throughout the suite, while the living area provides walkout access to an expansive balcony, ideal for relaxing or entertaining outdoors. Residents enjoy an exceptional selection of resort-style amenities, including an indoor pool, fitness centre, yoga studio, saunas, party room, library, and a tranquil outdoor Tai Chi garden. Conveniently located just minutes from restaurants, supermarkets, shopping, parks, and with quick access to Highways 404 and 407, this is an outstanding opportunity to enjoy luxury living in the heart of Unionville.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

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

268 Buchanan Drive Unit 203W, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,805

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 $722/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Efficient Living

At 900 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 $2,708 (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.

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    268 Buchanan Drive Unit 203W, Markham | $649,900 | Battaglia Team