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Listed 5 months ago

817 - 25 Austin Drive

Markville, Markham

$749,999

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

MARKHAMS iconic Walden Ponds Building located at 25 Austin Drive, is the ORIGINAL grand buiding in the area close to Hwy 407 Exits on McCowan and Kennedy. Built by Tridel known for its exceptioanlly large suites, this building was designed in an era when space, comfort and quality construction were the priorities. Most suites offer generous layouts rarely seen in newer buildings - ideal for those who appreciate spacious living, natural light and the charm of a well established community. Located in the HEART Unionville, residents enjoy proximity to parks, historic Main St. Unionville, Markville Shopping Centre / Mall, access to Hwy 7 and 407 and THREE (3) GO BUS and TRAIN stations with parking, York University East Campus,. This Building is a true landmark in Markham - Unionville! A must SEE. Scenic Trails and Green Spaces all around. Pool, Sauna, HotTub, Gym, Cards Room, Pool and Table Tennis Room, Library, Beautiful Outdoor Patio with GAS BBQ. Gated Community, Safe and Secure. Boutique Building with a 5 STAR HOTEL perspective of SERVICE! All Hallways as well as Lobby have been recently painted. Strong Property Management.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,488
LockerEnsuite
BalconyEnclosed
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,326
mls© NumberN12891272
Listed ByRE/MAX ALL-STARS REALTY INC.
Hydro Included
Parking Included
CAC Included
Cable TV Included
Water Included
Heat 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%
$3,839
Property tax
$277
Heat allowance
$150
Condo fees, half counted
$744
Housing costs
$5,010 / mo

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

Down payment20% · $150,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,156 / mo
Cash down
$150,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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