55 Austin Drive, Unit 14, Markham, ON
Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Markville. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $599,000 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 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Guest Accommodations, Storage Area Lockers
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Welcome to Your Penthouse Suite at 55 Austin Drive, Markham! Step into this bright penthouse unit, offering a large one-bedroom + den, ideal for working from home or accommodating guests. Enjoy a sun-filled living area and a functional kitchen that's perfect for those who love to cook and entertain. A cozy solarium provides additional space for relaxing or setting up a reading nook, and the in-suite laundry room adds everyday convenience. This well-maintained building is loaded with amenities to elevate your lifestyle including an indoor pool, exercise room, library, card and billiards rooms, tennis court, BBQ area, and 24/7 security. There's also ample visitor parking, both above and underground. Situated in a prime Markham location, you're just a short walk to Centennial GO Station, Markville Mall, Walmart, public transit, and the Centennial Community Centre. Comes complete with one owner-occupied parking spot and a large private locker for extra storage. This is penthouse living with comfort, convenience, and community all in one!
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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 427 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 2 beds, 1 bathroom, and is 800-899 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
Fenced Yard, Hospital, Lake/Pond, Library, Park, Public Transit
Interior Features
Guest Accommodations, Storage Area Lockers
Security Features
Alarm System, Carbon Monoxide Detectors, Security Guard, Security System, Concierge/Security, Smoke Detector
Community Features
Location
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 PH14, 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 $599,000 in Markham, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.
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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.