$719,000 - 277 South Park Road Unit 115, Markham
Condo for Sale in Markham
New — Listed 6 days agoNeighbourhood: Commerce Valley
- MLS Number
- N13503678
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Markham
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Enjoy the convenience of ground-floor living-no elevator required! Welcome to this bright and spacious 2-bedroom, 2-bathroom condominium in one of Markham's most sought-after communities, built by the renowned Times Group Development. Featuring 2 owned parking spaces and 9-ft ceilings throughout, this beautifully maintained home offers the perfect blend of comfort, style, and convenience. The open-concept layout is filled with natural light and showcases a modern kitchen with granite countertops, ample cabinetry, and a seamless flow into the living and dining areas-ideal for both everyday living and entertaining. Two generously sized bedrooms feature a closet organizer, providing excellent storage and functionality. Residents enjoy access to outstanding building amenities, including an indoor swimming pool, sauna, fitness centre, party room, recreation facilities, and ample visitor parking. Perfectly situated in the heart of Markham, this home is just minutes from Highways 404 and 407, GO Transit, and York Region Transit, making commuting effortless. Enjoy easy access to shopping, restaurants, grocery stores, parks, medical offices, top-rated schools, and all the everyday conveniences that make this vibrant neighbourhood one of Markham's most desirable places to call home.
Estimate your monthly payments for this property
Estimated Payment
$3,688.84/mo
Includes CMHC insurance ($20,060)
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 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
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.
277 South Park Road Unit 115, Markham
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Rental income estimator & ROI calculator
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 $799/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.
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.
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.
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 $2,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.