604-55 Austin Drive, Markham, ON

Markville, Markham · MLS® N14083898

$886,000
For Sale
Listed 4 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • Upgraded, ultra-spacious, and totally hassle-free, Unit 604 at Tridel's Walden Pond I offers a rare combination of fully renovated finishes, house-sized dimensions...
  • This sun-filled 2-bedroom, 2-bathroom corner suite opens past a proper foyer into expansive living and dining areas framed by big bright windows.
  • Also enjoy the privacy of a primary suite with a fully renovated ensuite with a huge shower.
  • The fan coils were fully updated and replaced, which saves you 7000 dollar hassle.
  • Enjoy the condo living perks including 24/7 gatehouse security, indoor saltwater pool, gym, tennis court, and lush nature trails right outside your door, all just...

Upgraded, ultra-spacious, and totally hassle-free, Unit 604 at Tridel's Walden Pond I offers a rare combination of fully renovated finishes, house-sized dimensions, and all-inclusive living. This sun-filled 2-bedroom, 2-bathroom corner suite opens past a proper foyer into expansive living and dining areas framed by big bright windows. Use every dish and cook in the updated eat-in kitchen with stainless steel appliances, a one year old stove/oven and great quartz counter space. Also enjoy the privacy of a primary suite with a fully renovated ensuite with a huge shower. A spacious second bedroom and a full second updated four piece bath gives guests or family members comfort and privacy. The office is bright and private which is perfect for those work-from-home days. An oversized in-suite laundry room with bonus storage gives plenty of room to tuck your stuff away. The fan coils were fully updated and replaced, which saves you 7000 dollar hassle. Your monthly maintenance fee is a total set-it-and-forget-it deal that covers Heat, Hydro, Water, Central Air, Bell TV, AND High-Speed Internet in one bill. Enjoy the condo living perks including 24/7 gatehouse security, indoor saltwater pool, gym, tennis court, and lush nature trails right outside your door, all just steps from Markville Mall, Main St Unionville, GO Transit, and Hwy 407/404.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
N14083898
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Bullock and hwy 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,624/mo
Exposure
East
Property tax
$3,508 / 2025
Days on market
4
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

KitchenMain2.79 × 2.49 m

laminate · stainless steel appl · stone counters

Bedroom 2Main3.66 × 2.87 m

laminate · large window

Primary BedroomMain4.57 × 3.15 m

laminate · 3 pc ensuite · w/o to balcony

BreakfastMain2.79 × 2.31 m

laminate · combined w/kitchen · w/o to balcony

OfficeMain3.15 × 2.90 m

laminate · large window · se view

Living RoomMain6.30 × 3.53 m

vinyl floor · large window

Dining RoomMain3.28 × 3.18 m

laminate · large window

FoyerMain4.42 × 1.47 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Markville, Markham, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Unionville
$636K
Wismer
$438K
Greensborough
$607K
Cathedraltown
$530K
Commerce Valley
$541K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$4,038/mo
$197KIncome needed
4.5×Price ÷ income
$932Weekly cost
$14,195Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

68%mortgage
Mortgage $4,038Property tax $292Condo fee $1,624Total carry $5,954

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,919per month

Mortgage amount $708,800 · 4.49% over 25 years

$177,200Down payment (20.0%)
$708,800Loan before insurance
$0CMHC premium
$5,835Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,919
Property tax
$292
Condo / maintenance fees
$1,624
Heating
$0
Estimated monthly cost
$5,835

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,195
Estimated closing costs
$14,195

Plus your down payment of $177,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,743/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$466,923Total interest paid
$1,175,723Total of all payments
Principal $708,800 Interest $466,923
YearPrincipalInterestBalance
1$15,817$31,212$692,983
2$16,536$30,493$676,447
3$17,286$29,743$659,161
4$18,071$28,958$641,089
5$18,892$28,137$622,198
6$19,749$27,279$602,448
7$20,646$26,383$581,802
8$21,584$25,445$560,218
9$22,564$24,465$537,655
10$23,588$23,441$514,067
11$24,659$22,370$489,408
12$25,779$21,250$463,629
13$26,949$20,080$436,680
14$28,173$18,856$408,507
15$29,452$17,577$379,055
16$30,789$16,240$348,266
17$32,187$14,842$316,079
18$33,649$13,380$282,430
19$35,176$11,853$247,254
20$36,773$10,255$210,481
21$38,443$8,586$172,038
22$40,189$6,840$131,849
23$42,013$5,016$89,836
24$43,921$3,108$45,915
25$45,915$1,114$0

At the end of your 5-year term

Total paid over the term
$235,145
Principal paid down
$86,602
Interest paid
$148,542
Balance remaining
$622,198

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,750/mo
$57,000Gross annual rent
3.1%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.4%
Gross yield
− Property tax $3,508− Condo fees $19,488− Insurance $600− Vacancy & upkeep $6,270Net operating income $27,134

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ESTATE HOMEWARD. MLS®/PropTx.

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