268 Buchanan Drive, Unit 22, Markham, ON

$788,800
MLS#:N9262117
3 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Unionville. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $788,800 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 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 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

Welcome to your dream home in the heart of Unionville! This stunning 2 bedroom + den can be transformed into a 3rd bedroom, making it perfect for those needing extra space. Enjoy the convenience of top-ranking Coledale public school and Unionville high school - just a short distance away * neighbourhoods of future York University Markham. Open concept layout, the bright and airy living space features 9' ceilings, laminate flooring throughout, a large eat-in kitchen with stainless steel appliances, quartz countertop, high-end cabinets! 4pc bath, balcony, large windows, bright unit! 24hr concierge, gym, rooftop garden, indoor swimming pool & many more. One parking & one locker included! Don't miss out on this exceptional opportunity to own a piece of luxury in Unionville.

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Property Summary

This condo apartment located at 268 Buchanan Drive, Markham is currently for sale and has been available on SousaSells for 695 days. This property is listed at $788,800 with an estimated mortgage of $2,626* per month. It has 3 beds, 2 bathrooms, and is 800-899 square feet. 268 Buchanan 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
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 30, 2024
Sold price information is available to members only
Listed Date8/20/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$3,130.13

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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268 Buchanan Drive, Unit 22, 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 268 Buchanan Drive 226W, Markham, ON L3R 8G9

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$236,640 (30.0%)
* Minimum Canadian down payment required for this price is $53,880.
Amortization Period30 Years
Estimated Monthly Payment$2,626Based on a loan of $552,160 over 30 years.
Purchase Price$788,800
Loan Amount$552,160
Provincial Land Transfer Tax:$12,251
Total Estimated Closing Taxes:$12,251

About Purchasing a Home in Markham, ON

For a property listed at $788,800 in Markham, the legal minimum down payment is $53,880 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 $12,251 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 $12,251.

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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.