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New4 days ago

521E - 278 Buchanan Drive

Unionville, Markham

$588,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome To This Luxurious 2 Bedroom, 2 Bathroom Unit Featuring A Bright South Facing Layout With An Open Living Room That Walks Out To A Private Balcony. The Modern Kitchen Is Finished With Stainless Steel Appliances, Backsplash And Double Sink. The Spacious Primary Bedroom Offers A 4pc Ensuite And A Large Closet, Complemented By Good-Sized Second Bedroom For Added Versatility. Enjoy Premium Building Amenities Including Fitness Centre, Indoor Pool, Sauna, Party Room, Rooftop Terrace, Ping Pong Room, Yoga Room, Games Room, 24hour Concierge, And Ample Visitor Parking. Located In The Heart Of Markham, Top Ranking Unionville High School, St. Augustine Catholic High School & Coledale Public School. Unbeatable Convenience With Steps To Restaurants, Cafes, Grocery Stores, Cineplex, YMCA, Transit, And Easy Access To Hwy 7, 404, And 407.

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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$694
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,070
mls© NumberN13846442
Listed BySUPERSTARS REALTY LTD.
Parking Included
Building Insurance Included
Common Elements Included
Heat Included
CAC Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,010
Property tax
$256
Heat allowance
$150
Condo fees, half counted
$347
Housing costs
$3,763 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,600
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,474 / mo
Cash down
$117,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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