$899,000 - 5 Beer Lane, Markham
Condo for Sale in Markham
Neighbourhood: Wismer
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- MLS Number
- N13800666
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $4,401
- Maintenance Fees
- $309/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Stunning Contemporary Two-Storey Condo Townhouse By Aspen Ridge, Ideally Located In The Highly Sought-After Wismer Community Of Markham! Offering Over 2,300 Sq. Ft. Of Total Living Space With A Finished Basement. This Exceptional Home Features A Bright And Spacious Open-Concept Layout With 9-Ft Ceilings On Both The Main And Second Floors, Soaring Large Windows & An Abundance Of Natural Light Throughout. The Gourmet Kitchen Boasts An Extra-Large Centre Island, Ample Cabinetry And A Functional Layout Perfect For Everyday Living And Entertaining. Features 3 Generously Sized Bedrooms, 2 Full Bathrooms Upstairs And A Convenient Second-Floor Laundry Room. Enjoy Modern Pot Lights, A Private Front-Door Parking Space With An Interlock Driveway, Plus Direct Garage Access. The Private Backyard Features A Stylish Glass-Railing Deck Patio With Black Trim And A Gas BBQ Hook-Up, Backing Directly Onto Another Park For Added Privacy And A Peaceful Outdoor Setting. Finished Basement Provides A Versatile Open Area Ideal For A Family Room, Home Office, Gym Or Recreation Space. Located In A Desirable Top School Zone, Including Bur Oak Secondary School And San Lorenzo Catholic School. Walking Distance To TTC/YRT Transit Stops And Conveniently Close To Mount Joy GO Station Across The Street, Home Depot, Plazas, Restaurants, Banks, Shops And All Major Amenities. A Perfect Blend Of Contemporary Style, Spacious Living And Unbeatable Convenience In The Heart Of Wismer! (Pictures from previous listing)
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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 Wismer
Wismer 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 Wismer
- •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
Wismer 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.
5 Beer Lane, 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 $499/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 19 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 $309/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.
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 Wismer
I know Wismer 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.