$599,000 - 399 South Park Road Unit 1102, Markham
Condo for Sale in Markham
New — Listed 6 days agoNeighbourhood: Commerce Valley
- MLS Number
- N13508602
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Markham
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to Edgewater at the Galleria, ideally located at the highly sought-after crossroads of Markham and Richmond Hill. This beautifully renovated two-bedroom, two-bathroom suite offers an exceptional combination of space, style, and convenience in a peaceful, park-side setting. Just steps from scenic Vanhorn Park, this bright, high-floor residence is filled with natural light and features a thoughtfully designed, open-concept layout with an impressive sense of space. The generously sized living room is perfect for both relaxing and entertaining, offering unobstructed views and direct access to a large south-facing balcony where you can enjoy picturesque park and pond vistas-your own private outdoor retreat. The well-appointed layout is complemented by in-suite laundry, one exclusive parking space, and a private locker for added storage and convenience. Ideally situated just minutes from Highway 7, public transit, shopping, dining, and major business centres, you'll enjoy the perfect balance of tranquility and urban accessibility.Residents of this boutique-style building enjoy a selection of desirable amenities, including a fitness centre, sauna, and beautifully landscaped common areas ideal for relaxing or socializing. Whether you're a professional seeking a low-maintenance lifestyle or someone looking for a quiet, spacious home with outstanding city access, this exceptional suite delivers comfort, character, and everyday convenience. Condo fees include hydro, water, heat, air conditioning, parking, locker, common elements, and building insurance.
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
399 South Park Road Unit 1102, 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 $599/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.
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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.