55 Austin Drive, Unit 8, Markham, ON
Property no longer active
This property was sold on May 22, 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 Markville. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $778,000 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 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
This rarely available suite at Walden Pond 1 offers panoramic south and west tranquil treed & sunset views! Featuring 2 bedrooms, 2 full baths, newly painted, all new stainless steel appliances & front loading washer & dryer, new bathroom vanities, toilets & shower heads, new custom blinds and light fixtures, and new broadloom in the bedrooms. The two fan coil units were replaced by the sellers approximately 4 yrs ago (and are maintained by Property Mgmt). The spacious layout includes a bright living room with hardwood flooring and a walk-out to the balcony, a separate dining area perfect for entertaining family or friends, an eat-in kitchen with granite counters, new stainless steel appliances and a breakfast bar with stool seating. The primary bedroom offers serene treed views, a large walk-in closet, and an en-suite with soaker tub & separate shower, new vanity & toilet. The 2nd spacious bedroom is ideal for use as an office, with large windows framing that beautiful treed view. The 2nd full bath has been updated with a new vanity & toilet. Also included is an in-suite laundry / storage room (plus there is a locker on the parking level) plus a very large closet at foyer. ***Maintenance fee include ALL utilities plus high-speed internet & cable, 24hr. gated security, indoor swimming pool, hot tub, outdoor patio & bbq area, tennis court, fitness centre, library, billiard room, party room, guest suite (note - no pets allowed). **EXTRAS** Situated just steps to Walden Pond & Rouge River Trail System (connects to historic Main St. Unionville & Toogood Pond), Centennial Community Centre & Pool, GO Station, Markville Mall.
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Property Summary
This condo apartment located at 55 Austin Drive, Markham is currently for sale and has been available on SousaSells for 435 days. This property is listed at $778,000 with an estimated mortgage of $2,590* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 55 Austin Drive, Markham is in the Markville neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Public Transit, Wooded/Treed, Rec./Commun.Centre, Park, Greenbelt/Conservation
Interior Features
Other
Security Features
Security Guard
Community Features
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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 55 Austin Drive 408, Markham, ON L3R 8H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $778,000 in Markham, the legal minimum down payment is $52,800 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 $12,035 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 $12,035.
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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.