55 The Boardwalk Way, Unit 12, Markham, ON

$849,999
MLS#:N9303506
2 beds
2 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Greensborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,999 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 1400-1599 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater, Wheelchair Access, Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the epitome of adult living at Swan Lake! This corner unit offers a serene & luxurious lifestyle in one of Markham's most sought-after communities. Step inside to discover a beautifully designed living space that balances comfort and elegance. The open-concept layout allows for effortless flow between the living, dining, and kitchen areas, making it ideal for both relaxation and entertaining. Large windows fill the space with natural light, creating a warm & inviting atmosphere. The primary bedroom is a tranquil retreat, complete with an ensuite bathroom & his/hers closets. The 2nd bedroom offers flexibility for guests, a home office, or a hobby room. Enjoy your balcony, perfect for mornings or evening relaxation. You'll have access to a range of resort-style amenities, including walking trails, a clubhouse, pools, and more!

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Property Summary

This condo apartment located at 55 The Boardwalk Way, Markham is currently for sale and has been available on SousaSells for 676 days. This property is listed at $849,999 with an estimated mortgage of $2,829* per month. It has 2 beds, 2 bathrooms, and is 1400-1599 square feet. 55 The Boardwalk Way, Markham is in the Greensborough 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
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateDecember 19, 2024
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$3,286.2

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Lake/Pond, Library, Park, Public Transit, Rec./Commun.Centre

Interior Features

Water Heater, Wheelchair Access, Storage Area Lockers

Security Features

Security Guard, Security System, Smoke Detector

Community Features

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Location

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55 The Boardwalk Way, Unit 12, 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 The Boardwalk Way 212, Markham, ON L6E 1B7

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$255,000 (30.0%)
* Minimum Canadian down payment required for this price is $60,000.
Amortization Period30 Years
Estimated Monthly Payment$2,829Based on a loan of $594,999 over 30 years.
Purchase Price$849,999
Loan Amount$594,999
Provincial Land Transfer Tax:$13,475
Total Estimated Closing Taxes:$13,475

About Purchasing a Home in Markham, ON

For a property listed at $849,999 in Markham, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,089,871

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

Castlemore
Public1580, Markham, Ontario
9.2
St Julia Billiart
Public2070 Bur Oak Avenue, Markham, Ontario, L6E 1X5
7.5
Mount Joy
Public281 Williamson Road, Markham, Ontario, L6E 1X1
7.6
Greensborough
Public80 Bur Oak Avenue, Markham, Ontario, L6E 1J5
7.6
Little Rouge
Public571 Country Glen Road, Markham, Ontario, L6B 1E8
6.4

Secondary Schools

St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3

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.