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New4 days ago

115 - 277 South Park Road

Commerce Valley, Markham

$709,000

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

Welcome to this bright and spacious south-facing corner suite, offering the convenience of ground-floor living in one of Markham's sought-after communities, built by the renowned Times Group Development. Thoughtfully designed with an optimal layout and no wasted space, this 2-bedroom, 2-bathroom condo features 9-ft ceilings, large windows, and abundant natural light throughout. The open-concept living and dining areas flow seamlessly into the modern kitchen, complete with granite countertops, ample cabinetry, and plenty of workspace. Both generously sized bedrooms offer excellent storage, including a closet organizer, and two full bathrooms add convenience. A standout feature is the 2 owned parking spaces, offering exceptional value and convenience. Residents also have access to an impressive range of amenities, including an indoor swimming pool, sauna, fitness centre, party room, recreation facilities, and ample visitor parking. Ideally located in the heart of Markham, with easy access to Highways 404 and 407, GO Transit, and York Region Transit. Shopping, restaurants, grocery stores, parks, medical offices, and top-rated schools are all just minutes away.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$832
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$3,070
mls© NumberN13846828
Listed ByRIGHT AT HOME REALTY
Heat Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,629
Property tax
$256
Heat allowance
$150
Condo fees, half counted
$416
Housing costs
$4,451 / mo

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

Down payment20% · $141,800
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$2,984 / mo
Cash down
$141,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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