$718,000 - 268 Buchanan Drive Unit 315W, Markham
Condo for Sale in Markham
Neighbourhood: Unionville
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- MLS Number
- N13775692
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $3,585
- Maintenance Fees
- $761/mo
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- BENCHMARK SIGNATURE REALTY INC.
Must See! Rarely Offered 3-Bedroom Condo With A Unique And Functional Layout! This well-maintained 3-bedroom, 2-bathroom suite offers approx 880 sq. ft. of thoughtfully designed living space, complemented by two balconies. Located in one of Markham's most prestigious and well-established communities, this home is within walking distance to Whole Foods, LCBO, restaurants, RBC, and a wide range of everyday amenities. Transit is conveniently located at your doorstep, with Hwy 407 just 5 minutes away. Residents enjoy an exceptional selection of amenities, including an indoor pool, fitness centre, party room, library, guest suites, 24-hour security, and video surveillance in common areas and underground parking. Located within highly regarded school boundaries.Clean, well-maintained, and move-in ready. Fresh paint throughout. A rare opportunity to own a well-appointed home in one of Markham's most sought-after communities.
Estimate your monthly payments for this property
Estimated Payment
$3,683.71/mo
Includes CMHC insurance ($20,032)
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 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
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.
268 Buchanan Drive Unit 315W, 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
Fair Market Value
At $898/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 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 $761/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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.