20 Fred Varley Drive, Unit 2, Markham, ON

$2,388,000
MLS#:N11936230
3 beds
3 baths
1800-1999 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on February 7, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Unionville. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $2,388,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1800-1999 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This one of a kind luxury corner penthouse suite provides a living experience like no other! Meticulously re-designed through the builder with exceptional custom upgrades & designer finishes, featuring 1,968 sq. ft. + an expansive 1,300 sq. ft. private terrace (over 70' in length) with breathtaking west and north panoramic sunset views! The terrace includes custom porcelain flooring, artificial turf, a hot tub, seating area with fire table (built-in gas line), dining and lounge areas, custom planters w/irrigation system, and two motorized awnings. Inside, a Napoleon 45" linear gas fireplace frames the seamless open concept living space. The custom designed gourmet kitchen is a culinary dream come true, showcasing upgraded Miele appliances including a 36" six-burner gas range with stunning custom hood canopy and backsplash, 36" paneled fridge, cabinets extended to 10' mounting height with added crown moulding, re-designed drawers & doors, and an island with breakfast bar stool seating, waterfall edges on 2 sides & mitered edging. The spacious dining area is perfect for entertaining. The primary bedroom retreat offers a private walk-out to the terrace, motorized blinds, and a luxurious 5pc en-suite. The split floor plan includes a 2nd spacious bedroom with 3pc en-suite. The original builder floor plan was re-designed to relocate the powder room and add a frameless glass shower, thus enlarging the Den to 17' x 14' with added double French doors for an optional HUGE 3rd bedroom. Additional features include in-suite laundry with sink, side-by-side parking spaces and a locker. The Varley provides 24hr concierge, exercise rooms, party room, abundant visitor parking, and is situated just steps to historic Main Street Unionville, year round festivals, restaurants, shops, trails system & Toogood Pond, parks, Crosby arena, Curling Club, schools, and minutes to York University, Pan Am Community Centre and GO train.

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Property Summary

This condo apartment located at 20 Fred Varley Drive, Markham is currently for sale and has been available on SousaSells for 540 days. This property is listed at $2,388,000 with an estimated mortgage of $7,949* per month. It has 3 beds, 3 bathrooms, and is 1800-1999 square feet. 20 Fred Varley Drive, Markham is in the Unionville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1800-1999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 7, 2025
Sold price information is available to members only
Listed Date1/22/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyYork
Annual Tax$9,723.82

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, Lake/Pond, Rec./Commun.Centre, Public Transit, School, Clear View

Interior Features

Other

Security Features

Concierge/Security

Community Features

Location

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20 Fred Varley Drive, Unit 2, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 20 Fred Varley Drive PH2, Markham, ON L3R 1S4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$716,400 (30.0%)
* Minimum Canadian down payment required for this price is $477,600.
Amortization Period30 Years
Estimated Monthly Payment$7,949Based on a loan of $1,671,600 over 30 years.
Purchase Price$2,388,000
Loan Amount$1,671,600
Provincial Land Transfer Tax:$46,175
Total Estimated Closing Taxes:$46,175

About Purchasing a Home in Markham, ON

For a property listed at $2,388,000 in Markham, the legal minimum down payment is $477,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $46,175 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $46,175.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Unionville, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,151,194

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Unionville Meadows
Public355 South Unionville Avenue, Unionville, Markham, Ontario, L3R 5C8
7.4
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.