303 South Park Road, Markham

Price: $879,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13626484

Beautiful luxury 3-storey townhouse in a prime Thornhill location. Functional layout and stylish modern finishes. Featuring 9-foot ceilings on the main floor, brand new vinyl flooring, and a spacious rooftop terrace. Contemporary kitchen with quartz countertop, stainless steel appliances and eat-in breakfast area. Bright, and inviting open-concept living and dining rooms. Includes direct access to a built-in garage plus 1 additional underground parking space. Enjoy the convenience of snow removal, landscaping, and exceptional condominium amenities. Located within the boundaries of top-ranked St. Robert Catholic High School and Thornlea Secondary School, and just steps to public transit, parks, restaurants, shopping, and everyday amenities. Minutes to Hwy 404 and 407.

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active
New Listing
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$879,000 - 303 South Park Road, Markham

Condo for Sale in Markham

New — Listed 3 days ago

Neighbourhood: Commerce Valley

3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13626484
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Markham
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
HOMELIFE BROADWAY REALTY INC.
Description

Beautiful luxury 3-storey townhouse in a prime Thornhill location. Functional layout and stylish modern finishes. Featuring 9-foot ceilings on the main floor, brand new vinyl flooring, and a spacious rooftop terrace. Contemporary kitchen with quartz countertop, stainless steel appliances and eat-in breakfast area. Bright, and inviting open-concept living and dining rooms. Includes direct access to a built-in garage plus 1 additional underground parking space. Enjoy the convenience of snow removal, landscaping, and exceptional condominium amenities. Located within the boundaries of top-ranked St. Robert Catholic High School and Thornlea Secondary School, and just steps to public transit, parks, restaurants, shopping, and everyday amenities. Minutes to Hwy 404 and 407.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,509.73/mo

Includes CMHC insurance ($24,524)

$
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5%10%50%

5-yr fixed avg.

Principal: $791,100Interest: $537,294
Mortgage Amount$815,624
Total Interest$537,294
Est. Property Tax$623/mo
Total Cost$1,352,918

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: Commerce Valley

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

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

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.

70
Walk Score
Varies
Price Range

303 South Park Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$1,364

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 $628/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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    303 South Park Road, Markham | $879,000 | Battaglia Team