55 South Town Centre Boulevard Unit 912, Markham

Price: $726,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13631494

Luxury Eko Centre, In The Heart Of Markham, Sought After 2 Bedrooms Plus Den, Den Could Convert to A 3rd Bedroom, Approx 1008 Sf, Upgraded Moulded Ceiling, Spot Lights In Living & Dining, Custom Bar In Den, Viva Bus At Door, Steps To Plazas, Walk To Unionville High School, Minutes To 404 & 407, Bank, Close To Town Of Markham & First Markham Place.

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New Listing
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$726,000 - 55 South Town Centre Boulevard Unit 912, Markham

Condo for Sale in Markham

New — Listed yesterday

Neighbourhood: Unionville

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13631494
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Luxury Eko Centre, In The Heart Of Markham, Sought After 2 Bedrooms Plus Den, Den Could Convert to A 3rd Bedroom, Approx 1008 Sf, Upgraded Moulded Ceiling, Spot Lights In Living & Dining, Custom Bar In Den, Viva Bus At Door, Steps To Plazas, Walk To Unionville High School, Minutes To 404 & 407, Bank, Close To Town Of Markham & First Markham Place.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,724.76/mo

Includes CMHC insurance ($20,255)

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5-yr fixed avg.

Principal: $653,400Interest: $443,771
Mortgage Amount$673,655
Total Interest$443,771
Est. Property Tax$514/mo
Total Cost$1,117,427

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

55 South Town Centre Boulevard Unit 912, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$514
Insurance (est.)-$151
Net Cash Flow+$1,445

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

Competitive Pricing

At $726/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.

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.

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 $3,025 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    55 South Town Centre Boulevard Unit 912 | $726,000 | Battaglia Team