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    Markham / Thornhill - Markham

    505 - 399 South Park Rd

    For SaleEdgewater at the Galleria Condos
    $599,990
    2 Beds
    2 Bath
    1 Parking
    910 SQFT
    5 Days on Strata
    Est Sell Timeframe
    20 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $927/mth
    Taxes:
    $1,973 (2024)
    Cost Per Sqft:
    $659/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    November 14, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate
    22.9 x 12.8ft
    Dining
    Combined with Living, Laminate
    22.9 x 12.8ft
    Prim Bdrm
    4 Piece Ensuite, Large Window
    12.99 x 10.99ft

    About this Listing

    Exceptional Location in the Heart of Commerce Valley! Discover this beautifully functional and sunlit 2-bedroom corner unit, offering breathtaking, unobstructed views of the park and pond. Ideal for young families, this home is just a short walk from several playgrounds and a splash pad. Enjoy the convenience of being close to top-notch amenities, schools, public transit, restaurants, health clinics, banks, and major highways (404/407/7). Recent upgrades include stylish laminate and tile flooring (2021), and modern appliances including washer/dryer, stove, dishwasher, and fridge (2022), along with fresh, contemporary paint. Two (2) lockers are included!

    re/max realtron realty inc.MLS® #N9349548

    Amenities

    BBQ
    Rec Room
    Bike Storage
    Security System
    Gym Room
    Concierge

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    34,479
    Average Individual Income
    $80,221
    Average Household Size
    3 persons
    Average Age
    36
    Average Household Income
    $139,819
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    19%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    22%
    50 - 64
    21%
    65+
    14%
    Household Income
    $0 - $30,000
    41%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    10%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    67%
    Semi Detached
    19%
    Duplex
    5%
    Low Rise Apartment
    4%
    High Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    83%
    Other
    10%
    Cantonese
    3%
    Mandarin
    2%
    Russian
    1%
    Tamil
    1%
    Education
    High School
    29%
    University and Above
    29%
    College
    20%
    None
    13%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Education
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Edgewater at the Galleria Condos vs The Thornhill - Markham Area

    Building Trends At Edgewater at the Galleria Condos

    Days on Strata

    Units at Edgewater at the Galleria Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Markham

    Turnover of Units

    On average, each unit is owned for
    2.4
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 43 condos in the Thornhill - Markham area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Edgewater at the Galleria Condos offers the
    ?
    best value out of 43 condos in the Thornhill - Markham neighbourhood

    Appreciation Rank

    Edgewater at the Galleria Condos has the
    ?
    highest ROI out of 43 condos in the Thornhill - Markham neighbourhood

    Rental Yield

    Edgewater at the Galleria Condos yields the
    ?
    highest rent prices out of 43 condos in the Thornhill - Markham neighbourhood

    High Demand

    Edgewater at the Galleria Condos is the
    ?
    most popular building out of 43 condos in the Thornhill - Markham neighbourhood

    Transaction Insights at 385-399 South Park Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$620,000 - $724,500$648,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$828$736No DataNo Data
    Avg. Wait for Unit Availability114 Days221 Days37 Days747 Days364 Days578 Days
    Ratio of Units in Building23%3%60%3%7%6%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Markham