268 Buchanan Drive Unit 305W, Markham

Price: $699,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N13459620

Never-Before-Seen Condo Unit Featuring 2 SEPERATE Living Units!!!This Spacious 3-Bedroom, 2-Bathroom Suite Offers Nearly 1,000 Sq.Ft. Of Living Space, Complete With 1 Parking Space And 1 Locker. Separate Self-Contained Studio With Its Own Private Entrance, 4pcs Bathroom, Balcony, And Rough-Ins For Future KITCHEN AND LAUNDRY INSTALLATION. And Independent Temperature Control For The Studio. Proudly Home to an Ontario Provincial Top-Ranking Student Who Earned Admission to Princeton University. Whole Unit Overlooking The Quiet Courtyard With Unobstructed Views. Nestled Within One Of Markham's Most Prestigious And Established Communities, You Can Enjoy Ultimate Convenience With Walking Distance To Whole Foods, LCBO, Restaurants, RBC And Everyday Amenities, Plus Transit At Your Doorstep And Just 5 Minutes To Hwy 407. Surrounded By Parks And Green Space, This Quiet And Elegant Community Offers The Perfect Balance Of Urban Living And Nature. Modern Building With Exceptional Amenities Including An Indoor Pool, Fitness Centre, Table Tennis Room, Karaoke Room, Mahjong Room, Yoga Studio, Party Room, Library, Guest Suites, 24-Hour Security, And Video Surveillance In Common Areas And Underground Parking. Located Within Top-Ranked School Boundaries Including Unionville High School, William Berczy Public School, And St. John XXIII Catholic Elementary School. A New Elementary School And Daycare Centre Are Planned Adjacent To The Community, Expected To Open In 2029, Further Enhancing Long-Term Family And Investment Value. Pride Of Ownership Throughout - Well Maintained, Clean, And Move-In Ready.

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$699,000 - 268 Buchanan Drive Unit 305W, Markham

Condo for Sale in Markham

Neighbourhood: Unionville

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N13459620
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
SMART SOLD REALTY
Description

Never-Before-Seen Condo Unit Featuring 2 SEPERATE Living Units!!!This Spacious 3-Bedroom, 2-Bathroom Suite Offers Nearly 1,000 Sq.Ft. Of Living Space, Complete With 1 Parking Space And 1 Locker. Separate Self-Contained Studio With Its Own Private Entrance, 4pcs Bathroom, Balcony, And Rough-Ins For Future KITCHEN AND LAUNDRY INSTALLATION. And Independent Temperature Control For The Studio. Proudly Home to an Ontario Provincial Top-Ranking Student Who Earned Admission to Princeton University. Whole Unit Overlooking The Quiet Courtyard With Unobstructed Views. Nestled Within One Of Markham's Most Prestigious And Established Communities, You Can Enjoy Ultimate Convenience With Walking Distance To Whole Foods, LCBO, Restaurants, RBC And Everyday Amenities, Plus Transit At Your Doorstep And Just 5 Minutes To Hwy 407. Surrounded By Parks And Green Space, This Quiet And Elegant Community Offers The Perfect Balance Of Urban Living And Nature. Modern Building With Exceptional Amenities Including An Indoor Pool, Fitness Centre, Table Tennis Room, Karaoke Room, Mahjong Room, Yoga Studio, Party Room, Library, Guest Suites, 24-Hour Security, And Video Surveillance In Common Areas And Underground Parking. Located Within Top-Ranked School Boundaries Including Unionville High School, William Berczy Public School, And St. John XXIII Catholic Elementary School. A New Elementary School And Daycare Centre Are Planned Adjacent To The Community, Expected To Open In 2029, Further Enhancing Long-Term Family And Investment Value. Pride Of Ownership Throughout - Well Maintained, Clean, And Move-In Ready.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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 305W, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,454

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 $777/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 18 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 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.

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 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.

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    268 Buchanan Drive Unit 305W, Markham | $699,000 | Battaglia Team