38 Cedarland Drive Unit 1005, Markham

Price: $769,900

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N14111628

**Fontana** Spacious 985 Sf Corner 2+Den & 2 Bath W/ 2 Parking, In Prime Unionville Neighborhood! Immaculately Maintained, Sun-Filled & Highly Functional Open-Concept Layout. Dine-In Kitchen With Stainless-Steel Appliances & Backsplash. Living Walks Out To Balcony. Bright Primary Bedroom Features 4 Pc Ensuite & Walk-In Closet. Minutes To Hwys 7/407/404. Enjoy Convenient Living Close To Transit, Groceries, Restaurants, Banks, & More. Don't Miss!

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active
New Listing
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$769,900 - 38 Cedarland Drive Unit 1005, Markham

Condo for Sale in Markham

New — Listed today

Neighbourhood: Unionville

3Beds
2Baths
900Sq Ft
Condo

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N14111628
Property Type
Condo
Status
active
Days on Site
0
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Markham
Taxes (2026)
$3,678
Maintenance Fees
$710/mo
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
LANDPOWER REAL ESTATE LTD.
Description

**Fontana** Spacious 985 Sf Corner 2+Den & 2 Bath W/ 2 Parking, In Prime Unionville Neighborhood! Immaculately Maintained, Sun-Filled & Highly Functional Open-Concept Layout. Dine-In Kitchen With Stainless-Steel Appliances & Backsplash. Living Walks Out To Balcony. Bright Primary Bedroom Features 4 Pc Ensuite & Walk-In Closet. Minutes To Hwys 7/407/404. Enjoy Convenient Living Close To Transit, Groceries, Restaurants, Banks, & More. Don't Miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,949.99/mo

Includes CMHC insurance ($21,480)

$
$
5%10%50%

5-yr fixed avg.

Principal: $692,910Interest: $470,606
Mortgage Amount$714,390
Total Interest$470,606
Est. Property Tax$545/mo
Total Cost$1,184,996

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

38 Cedarland Drive Unit 1005, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$710
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$1,265

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 $855/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.

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. The $710/month fees should cover building insurance, common elements, and reserve contributions.

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.

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 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.

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    38 Cedarland Drive Unit 1005, Markham | $769,900 | Battaglia Team