399 South Park Road, Unit 1108, Markham, ON

$689,000
MLS#:N11939033
2 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 Commerce Valley. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $689,000 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 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Your Bright and Spacious North East-Facing Two-Bedroom CondoThis beautiful two-bedroom, two-bathroom condo offers the perfect blend of comfort and functionality. Located in a well-maintained complex, this north-east facing unit features a thoughtfully designed split floor plan, providing both privacy and a sense of spaciousness. Relax in the generously sized living room with stunning unobstructed views and direct access to a large north-east facing balcony is ideal spot to unwind and enjoy breathtaking sunsets. The kitchen, complete with a convenient breakfast bar, seamlessly opens to the dining area, making entertaining a breeze. The expansive primary bedroom is flooded with natural light from large windows and features a private ensuite bathroom. The second bedroom offers ample space, perfect for guests or family members. The condo complex itself boasts well-maintained grounds and amenities including a gym and party room, fostering a welcoming community atmosphere. Hosting guests is easy with ample visitor parking available. Outdoor recreation opportunities are right at your doorstep with Ada Mackenzie Park, Leitchcroft Park, and Vanhorn Park surrounding the area. Enjoy tennis courts, a splash pad, and a covered gazebo, all just a short walk away. Convenience is key with easy access to Highways 7, 407, and 404, as well as public transit options. Times Square and a variety of restaurants are within walking distance, ensuring you're never far from everything you need. Top-tier schools, including Doncrest Public School, TMS Lower School, St. Robert Catholic High School (IB Program), and Thornlea Secondary School, are all located nearby. All utilities are included in the maintenance fees, and the unit comes with one underground parking spot and a locker for added storage. This exceptional condo offers both value and comfort, making it the perfect place to call home. Don't miss the opportunity to make this bright and beautiful condo yours! **EXTRAS** Safe and Quiet. Close To All Amenities. Walking Distance To Public Transit, Langstaff GO Station, Commerce Gate, Times Square, Shopping, Various Restaurants, Mackenzie Park, Leitchcroft Park, And Vanhorn Park. Minutes To Hwy 7, 404 & 407

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Property Summary

This condo apartment located at 399 South Park Road, Markham is currently for sale and has been available on SousaSells for 537 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 2 beds, 2 bathrooms, and is 800-899 square feet. 399 South Park Road, Markham is in the Commerce Valley 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
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 8, 2025
Sold price information is available to members only
Listed Date1/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$1,925.27

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free

Security Features

Community Features

Virtual Tours

Location

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399 South Park Road, Unit 1108, 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 399 South Park Road 1108, Markham, ON L3T 7W6

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$206,700 (30.0%)
* Minimum Canadian down payment required for this price is $43,900.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,300 over 30 years.
Purchase Price$689,000
Loan Amount$482,300
Provincial Land Transfer Tax:$10,255
Total Estimated Closing Taxes:$10,255

About Purchasing a Home in Markham, ON

For a property listed at $689,000 in Markham, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$785,184

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

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0

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.