89 South Town Centre Boulevard Unit 1102, Markham

Price: $768,800

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13866844

RARE 2-PARKING HIGH-FLOOR CONDO IN DOWNTOWN MARKHAM! Welcome to Fontana Condominiums in the heart of Downtown Markham. This bright and spacious high-floor corner suite offers approximately 1,100+ sq. ft. of well-designed living space, with 2+1 bedrooms, 2 bathrooms, and the highly sought-after convenience of TWO parking spaces. The open concept layout features 9' ceilings, laminate flooring, fresh paint, and a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar. Residents enjoy excellent amenities including an indoor pool, fitness centre, basketball/badminton court, party room, and 24 hour concierge. Ideally located just steps from shopping, restaurants, and everyday conveniences, and minutes to Unionville GO, York University Markham Campus, top-ranked Unionville High School, Hwy 404 & 407. A rare opportunity to own a high floor, 2+1 condo with TWO parking spaces in one of Markham's most desirable locations!

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New Listing
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$768,800 - 89 South Town Centre Boulevard Unit 1102, Markham

Condo for Sale in Markham

New — Listed yesterday

Neighbourhood: Unionville

3Beds
2Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
N13866844
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Markham
Taxes (2026)
$3,902
Maintenance Fees
$760/mo
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

RARE 2-PARKING HIGH-FLOOR CONDO IN DOWNTOWN MARKHAM! Welcome to Fontana Condominiums in the heart of Downtown Markham. This bright and spacious high-floor corner suite offers approximately 1,100+ sq. ft. of well-designed living space, with 2+1 bedrooms, 2 bathrooms, and the highly sought-after convenience of TWO parking spaces. The open concept layout features 9' ceilings, laminate flooring, fresh paint, and a modern kitchen with stainless steel appliances, granite countertops, and a breakfast bar. Residents enjoy excellent amenities including an indoor pool, fitness centre, basketball/badminton court, party room, and 24 hour concierge. Ideally located just steps from shopping, restaurants, and everyday conveniences, and minutes to Unionville GO, York University Markham Campus, top-ranked Unionville High School, Hwy 404 & 407. A rare opportunity to own a high floor, 2+1 condo with TWO parking spaces in one of Markham's most desirable locations!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,944.34/mo

Includes CMHC insurance ($21,450)

$
$
5%10%50%

5-yr fixed avg.

Principal: $691,920Interest: $469,933
Mortgage Amount$713,370
Total Interest$469,933
Est. Property Tax$545/mo
Total Cost$1,183,303

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

89 South Town Centre Boulevard Unit 1102, 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)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$760
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$1,295

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 $769/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 $760/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 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 $3,203 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    89 South Town Centre Boulevard Unit 1102 | $768,800 | Battaglia Team