292 Verdale Crossing, Unit B509, Markham, ON

$615,000
MLS#:N12279117
2 beds
2 baths
600-699 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 $615,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Brand new, stunning condo in the heart of Markham located on the most popular floor with all the amenities at your finger tips! Included in this well designed and updated 1 + 1 condo with 2 full baths is an oversized balcony expanding your indoor/outdoor entertaining by up to 170 square feet! Freshly painted walls, updated light fixtures, and modern window treatments all make this an ideal home. In addition to getting a private parking spot, same floor storage locker and ensuite laundry room the building is equipped with a beautiful gym, yoga studio, party room, theatre room, outdoor terrace, basketball court, guest suites, library, games room, concierge services, and visitor parking! Everything you need to live well is the area - from movie theatres to restaurants to easy access transportation and access to York University campus. Easy to show and flexible, fast closing. Furnishings are negotiable for buyers looking for a turn key condo.

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Property Summary

This condo apartment located at 292 Verdale Crossing, Markham is currently for sale and has been available on SousaSells for 369 days. This property is listed at $615,000 with an estimated mortgage of $2,047* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 292 Verdale Crossing, Markham is in the Unionville neighborhood.

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 19, 2025
Sold price information is available to members only
Listed Date7/11/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,275

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

Built-In Oven, Carpet Free

Security Features

Community Features

Location

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292 Verdale Crossing, Unit B509, 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 292 Verdale Crossing 509, Markham, ON L6G 0H6

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.

Market Trend
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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$184,500 (30.0%)
* Minimum Canadian down payment required for this price is $36,500.
Amortization Period30 Years
Estimated Monthly Payment$2,047Based on a loan of $430,500 over 30 years.
Purchase Price$615,000
Loan Amount$430,500
Provincial Land Transfer Tax:$8,775
Total Estimated Closing Taxes:$8,775

About Purchasing a Home in Markham, ON

For a property listed at $615,000 in Markham, the legal minimum down payment is $36,500 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 $8,775 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 $8,775.

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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$1,151,314

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.