$594,800 - 68 Main Street Unit 501, Markham
Condo for Sale in Markham
New — Listed 5 days agoNeighbourhood: Old Markham Village
- MLS Number
- N13514822
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Markham
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to this bright and spacious corner suite in the heart of Markham Village, offering two bedrooms, two bathrooms, and a thoughtfully designed layout in a welcoming boutique building. With 9-foot ceilings, southwest exposure, and large windows, the open-concept living space is filled with natural light and extends to a private balcony for outdoor relaxation. The upgraded kitchen features granite countertops, stainless steel appliances, an undermount sink, and ample cabinetry, flowing seamlessly into the living and dining areas. Wood flooring runs throughout the suite, while the primary bedroom includes a walk-in closet and private ensuite. The second bedroom also enjoys access to its own full bathroom, making the layout ideal for families, guests, or shared living. One underground parking space is included, and the suite is fully wheelchair accessible with ramp access. Residents enjoy exceptional amenities including a rooftop terrace with BBQs and gardens, fitness centre, concierge, guest suites, lounge, and visitor parking. Located just minutes from Highway 407 and within walking distance of the GO Station, restaurants, cafés, shops, banks, salons, and scenic trails, this home offers an outstanding combination of comfort, convenience, and lifestyle in one of Markham's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$3,051.63/mo
Includes CMHC insurance ($16,595)
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 Old Markham Village
Old Markham Village 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 Old Markham Village
- •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
Old Markham Village 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.
68 Main Street Unit 501, 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 $744/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.
Efficient Living
At 800 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.
About Old Markham Village
I know Old Markham Village 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 $2,478 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.