9500 Markham Road, Markham, ON

$658,800
MLS#:N8423542
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on July 11, 2024. 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 Wismer. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $658,800 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 700-799 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 this beautiful 1 bedroom plus den condo located in the heart of Markham. Situated on the 16th floor, this unit offers breathtaking views of the surrounding area. The open-concept living space is filled with natural light, creating a warm and inviting atmosphere. Key Features: Spacious Layout: This unit features a versatile den that can be used as a home office or guest room. Modern Kitchen: Enjoy cooking in the modern kitchen equipped with stainless steel appliances, granite countertops, and ample storage. Bright Living Area: The living area boasts large windows and a walk-out to the balcony, perfect for enjoying morning coffee or evening sunsets.Luxurious Bedroom: The master bedroom includes a large closet and floor-to-ceiling windows. Amenities: Residents have access to a variety of amenities, including a fitness center, party room, and 24-hour concierge. Convenient Location: Located just steps from Mount Joy GO Station, making commuting to downtown Toronto easy. The condo is well-served by the VIVA bus system and several bus lines. Nearby are essential services like Markham Stouffville Hospital, the local library, banks, and a variety of shops and restaurants This condo is ideal for young professionals, couples, or anyone looking to enjoy the vibrant community of Markham. Dont miss this opportunity to own a piece of luxury in a prime location!

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Property Summary

This condo apartment located at 9500 Markham Road, Markham is currently for sale and has been available on SousaSells for 766 days. This property is listed at $658,800 with an estimated mortgage of $2,193* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 9500 Markham Road, Markham is in the Wismer neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date6/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyYork
Annual Tax$2,293.16

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Park, Place Of Worship, Public Transit, School

Interior Features

Carpet Free

Security Features

Community Features

Location

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9500 Markham Road, 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 9500 Markham Road 1606, Markham, ON L6E 0N6

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$197,640 (30.0%)
* Minimum Canadian down payment required for this price is $40,880.
Amortization Period30 Years
Estimated Monthly Payment$2,193Based on a loan of $461,160 over 30 years.
Purchase Price$658,800
Loan Amount$461,160
Provincial Land Transfer Tax:$9,651
Total Estimated Closing Taxes:$9,651

About Purchasing a Home in Markham, ON

For a property listed at $658,800 in Markham, the legal minimum down payment is $40,880 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 $9,651 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 $9,651.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,207,846

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

Wismer
PublicMarkham, Ontario
8.5
San Lorenzo Ruiz
Public840 Bur Oak Avenue, Markham, Ontario, L6E 0E1
8.5
John McCrae
Public565 Fred McLaren Boulevard, Markham, Ontario, L6E 1N7
7.5
Fred Varley
Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8
7.6
Mount Joy
Public281 Williamson Road, Markham, Ontario, L6E 1X1
7.6

Secondary Schools

Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

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.