$823,000 - 325 South Park Road Unit 325-PH9, Markham
Condo for Sale in Markham
Neighbourhood: Commerce Valley
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- MLS Number
- N13789324
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $4,041
- Maintenance Fees
- $975/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Rare Penthouse End-Unit Living at Eden Park II by Times Development! Discover this exceptionally bright and spacious corner suite featuring unobstructed south and west views, with breathtaking vistas from your private 385 sq. ft. terrace. This immaculate luxury penthouse offers 1,220 sq. ft. of refined living space, 10-foot ceilings, and five oversized floor-to-ceiling windows in the living room, filling the space with natural sunlight throughout the day.Enjoy the ultimate privacy of a top-floor end unit, free from overhead and adjacent-neighbour noise. The entire suite has been freshly painted and is move-in ready. The versatile 2-bedroom + open-concept den layout can easily be converted into a 3-bedroom home to suit your needs.Located in Eden Park II by Times Development, a Certified Energy Efficient Building built to LEED Gold standards. Residents enjoy premium amenities, including an indoor pool, fitness centre, sauna, party room, library, guest suites, and 24-hour concierge. Maintenance fees include water and heat.Complete with two side-by-side parking spaces, this exceptional home offers outstanding comfort and convenience. There are a lot of great restaurants around 325 South Park Rd. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. For grabbing your groceries, Canda Sagee is a 6-minute walk.For those residents of 325 South Park Rd without a car, you can get around quite easily. The closest transit stop is a Bus Stop (SOUTH PARK RD STOP # 1026) and is nearby connecting you to Markham's public transit service. It also has route Valleymede, route Langstaff Ss Via Bayview, and more nearby. Access to Hwy 404 from Eden Park is within a 6-minute drive, making it easy for those driving to get into and out of the city getting on and off at Steeles Ave E.
Estimate your monthly payments for this property
Estimated Payment
$4,222.42/mo
Includes CMHC insurance ($22,962)
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.
325 South Park Road Unit 325-PH9, 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
Competitive Pricing
At $686/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 21 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 $975/month fees should cover building insurance, common elements, and reserve contributions.
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 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 $3,429 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.