$886,000 - 55 Austin Drive Unit 604, Markham
Condo for Sale in Markham
New — Listed 7 days agoNeighbourhood: Markville
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- MLS Number
- N14083898
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $3,508
- Maintenance Fees
- $1,624/mo
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- REAL ESTATE HOMEWARD
Upgraded, ultra-spacious, and totally hassle-free, Unit 604 at Tridel's Walden Pond I offers a rare combination of fully renovated finishes, house-sized dimensions, and all-inclusive living. This sun-filled 2-bedroom, 2-bathroom corner suite opens past a proper foyer into expansive living and dining areas framed by big bright windows. Use every dish and cook in the updated eat-in kitchen with stainless steel appliances, a one year old stove/oven and great quartz counter space. Also enjoy the privacy of a primary suite with a fully renovated ensuite with a huge shower. A spacious second bedroom and a full second updated four piece bath gives guests or family members comfort and privacy. The office is bright and private which is perfect for those work-from-home days. An oversized in-suite laundry room with bonus storage gives plenty of room to tuck your stuff away. The fan coils were fully updated and replaced, which saves you 7000 dollar hassle. Your monthly maintenance fee is a total set-it-and-forget-it deal that covers Heat, Hydro, Water, Central Air, Bell TV, AND High-Speed Internet in one bill. Enjoy the condo living perks including 24/7 gatehouse security, indoor saltwater pool, gym, tennis court, and lush nature trails right outside your door, all just steps from Markville Mall, Main St Unionville, GO Transit, and Hwy 407/404.
Estimate your monthly payments for this property
Estimated Payment
$4,545.64/mo
Includes CMHC insurance ($24,719)
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 Markville
Markville 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 Markville
- •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
Markville 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.
55 Austin Drive Unit 604, 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 $633/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. The $1624/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 Markville
I know Markville 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 $3,692 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.