28 Uptown Drive Unit PH22, Markham

Price: $510,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13770930

Penthouse-level suite with elevated views and privacy. Oak hardwood flooring throughout, 10-foot ceilings with crown moulding, pot lights, modern kitchen with quartz countertops, upgraded kitchen sink. Building amenities: 24-hour concierge, indoor pool, fitness centre. Walk to supermarkets, banks, dining, Cineplex VIP Theatre, parks, ravine trails; close to York University Markham Campus. Located steps from YRT, GO Transit, with easy access to Highways 7, 404, and 407. An excellent opportunity for end-users or investors seeking comfort, convenience, and connectivity in the heart of Markham.

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active

$510,000 - 28 Uptown Drive Unit PH22, Markham

Condo for Sale in Markham

Neighbourhood: Unionville

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
N13770930
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Markham
Taxes (2026)
$2,398
Maintenance Fees
$484/mo
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE CULTURELINK REALTY INC.
Description

Penthouse-level suite with elevated views and privacy. Oak hardwood flooring throughout, 10-foot ceilings with crown moulding, pot lights, modern kitchen with quartz countertops, upgraded kitchen sink. Building amenities: 24-hour concierge, indoor pool, fitness centre. Walk to supermarkets, banks, dining, Cineplex VIP Theatre, parks, ravine trails; close to York University Markham Campus. Located steps from YRT, GO Transit, with easy access to Highways 7, 404, and 407. An excellent opportunity for end-users or investors seeking comfort, convenience, and connectivity in the heart of Markham.

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Estimate your monthly payments for this property

Estimated Payment

$2,616.56/mo

Includes CMHC insurance ($14,229)

$
$
5%10%50%

5-yr fixed avg.

Principal: $459,000Interest: $311,740
Mortgage Amount$473,229
Total Interest$311,740
Est. Property Tax$361/mo
Total Cost$784,969

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

28 Uptown Drive Unit PH22, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$484
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$849

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

Fair Market Value

At $1020/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 $484/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 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 $2,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    28 Uptown Drive Unit PH22, Markham | $510,000 | Battaglia Team