55 Austin Drive, Unit 10, Markham, ON

$649,900
MLS#:N12351928
2 beds
2 baths
1000-1199 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 Markville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 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 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Absolute luxury living at Walden Pond in the heart of Markham. Incredibly spacious 1 bedroom plus 1 large den, 2 bath, 1100 Square feet, fully open concept and completely renovated to perfection. This sun filled suite easily accommodates for house-sized furniture. Huge rooms, tons of natural light, ensuite laundry room and walk in storage room. Every room offers incredible views of beautiful gardens, pond, park Rouge River, magnificent sunsets. Absolutely nothing to do in this garden suite, renovated to perfection. Best parking spot in building located directly in front of elevator. Inclusive maintenance fee covers heat, hydro, water, cac, building amenities, parking, Bell TV and Internet. Best recreation : 24 hour gatehouse, security, indoor pool, gym, party room, billiards room, games room, library, guest suites, gardens, tennis court, outdoor bbq and lounging area. Walk to pond, nature trails directly outside of your door. Beyond incredible!

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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 331 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 27, 2025
Sold price information is available to members only
Listed Date8/19/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$2,836.13

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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55 Austin Drive, Unit 10, 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 55 Austin Drive 410, Markham, ON L3R 8H5

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.

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Interest Rate4.00%
Down Payment$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Markham, ON

For a property listed at $649,900 in Markham, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,335,512

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

Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0
Ramer Wood
Public11 Cairns Drive, Markham, Ontario, L3P 7M8
7.1
Roy H Crosby
Public115 Drakefield Road, Markham, Ontario, L3P 1G9
8.6
Unionville Meadows
Public355 South Unionville Avenue, Unionville, Markham, Ontario, L3R 5C8
7.4
Beckett Farm
Public78 Beckett Avenue, Unionville, Markham, Ontario, L6C 0T3
8.1

Secondary Schools

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
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

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.