$875,000 - 370 South Park Road, Markham
Condo for Sale in Markham
Neighbourhood: Commerce Valley
- MLS Number
- N13415264
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Gorgeous 3-storey townhouse with rare south-facing park views in the highly desirable Hwy 7 & Leslie area. Flooded with natural light and overlooking mature trees and Leitchcroft Park, this beautifully maintained home enjoys stunning park views and exceptional privacy rarely found in townhouse living. The main level features marble and Spanish tile flooring throughout, a renovated 3-piece marble bathroom, and a versatile family room ideal as a home office, guest suite, or potential 3rd bedroom as seen in similar layouts within the community. This level also offers direct access to the attached garage with heavy-duty storage racks, plus a private driveway providing 2-car parking (1 garage + 1 driveway). Beautiful hardwood flooring extends throughout the 2nd and 3rd levels. The 2nd level showcases a bright open-concept living and dining area. The renovated eat-in kitchen features stainless steel appliances, a natural stone backsplash, ample counter space, and a custom stone feature wall that provides subtle separation from the dining area. Walk out to the spacious open balcony, perfect for enjoying BBQs, morning coffee, and amazing sunsets. The upper level offers a spacious primary bedroom with a customized walk-in closet, a bright 2nd bedroom, an updated 4-piece bathroom, and convenient upper-level laundry. Freshly painted with updated light fixtures throughout, this home reflects true pride of ownership and move-in readiness. Ample storage throughout adds everyday convenience. Well-maintained complex with low maintenance fees and extensive recent updates including roof (2016), garage door (2020), new window glass on the 2nd and 3rd floors (2022), entrance columns (2023), and caulking (2025). New AC (2025), plus owned furnace and water heater approximately 10 years old. Unbeatable location close to parks, trails, top-rated schools, transit, shopping, restaurants, Highways 7, 404 & 407, plus the upcoming T&T Supermarket.
Estimate your monthly payments for this property
Estimated Payment
$4,489.20/mo
Includes CMHC insurance ($24,413)
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.
370 South Park Road, 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 $729/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 28 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. 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.
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 $3,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.