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New1 day ago

1212 - 277 South Park Road

Commerce Valley, Markham

$538,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to Eden Park II, located at Leslie and Hwy 7! 277 South Park Rd unit 1212 is a high level, spacious 1+Den unit with an unobstructed South view from your walkout balcony. Newly renovated with luxury vinyl plank flooring throughout, new light fixtures and freshly painted throughout for a modern look and feel. The kitchen is fully equipped along with a multifunctional breakfast bar. The additional media area/den is a functional extra area, ideal for home offices. A prime location nearby Markham and Richmond Hill, just a bus ride away from high ranking elementary, secondary and post-secondary schools, including Seneca Polytechnic Markham Campus and York University Markham Campus, along with a variety of restaurants and shops along Hwy 7. Stay connected with bus stops along Hwy 7, or take a short drive to get to Highways 407 and 404. Amenities include the gym, pool, multi-purpose room, library, and more! Condo maintenance fee is comparatively lower than the surrounding condos.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$518
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,283
mls© NumberN13726310
Listed ByLANDPOWER REAL ESTATE LTD.
Heat Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,754
Property tax
$190
Heat allowance
$150
Condo fees, half counted
$259
Housing costs
$3,353 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,600
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,264 / mo
Cash down
$107,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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