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    Markham / Markham Centre

    509 - 8 Rouge Valley Dr W

    For SaleYork Condos
    $699,990
    Price Increase: $599,900
    2 Beds
    2 Bath
    1 Parking
    664 SQFT
    36 Days on Strata
    Est Sell Timeframe
    42 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $497/mth
    Taxes:
    $2,374 (2024)
    Cost Per Sqft:
    $1,054/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    October 10, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Open Concept, Walkout To Balcony
    21.49 x 9.19ft
    Dining
    Laminate, Combined with Kitchen, Walk Through
    21.49 x 9.19ft
    Kitchen
    Laminate, Combined with Dining, Centre Island
    21.49 x 9.19ft

    About this Listing

    South Facing 2 Bedroom Unit With Two Full Bath. Laminate Floor, Quartz Counter, Centre Island. Amazing Amenities. 24Hr Concierge, Bus Stop At Door, Steps To Civic Centre, Supermarket, Restaurants, Cineplex Vip, Goodlife. Minutes To Go Station, Hwy 404 & 407. Top Ranking School.

    ExtrasOne Parking & Locker Included. Fridge, Stove, Dishwasher, Washer & Dryer. All Existing Elfs, All Window Coverings.

    homelife landmark realty inc.MLS® #N9390120

    Amenities

    Tennis Court
    Visitor Parking
    Guest Suites
    Bike Storage
    Gym Room
    Media Room

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    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
    23,055
    Average Individual Income
    $81,662
    Average Household Size
    3 persons
    Average Age
    34
    Average Household Income
    $139,968
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    18%
    35 - 49
    20%
    50 - 64
    24%
    65+
    17%
    Household Income
    $0 - $30,000
    43%
    $30,000+
    21%
    $60,000+
    16%
    $90,000+
    11%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    78%
    Semi Detached
    10%
    Low Rise Apartment
    4%
    Duplex
    4%
    High Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    6%
    Mandarin
    5%
    Cantonese
    4%
    Russian
    1%
    Education
    High School
    29%
    University and Above
    28%
    College
    20%
    None
    14%
    Apprenticeship
    6%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    22%
    Architecture & Engineering
    21%
    Social Sciences
    13%
    Health & Related Fields
    11%
    Education
    6%
    Personal, Protective & Transportation Services
    5%
    Humanities
    5%
    Math & Computer Sciences
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    2%

    Price Trends

    Maintenance Fees

    York Condos vs The Markham Centre Area

    Building Trends At York Condos

    Days on Strata

    Units at York Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 22 condos in the Markham Centre area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    59
    Units were Rented over the past twelve months

    Best Value Rank

    York Condos offers the
    ?
    best value out of 22 condos in the Markham Centre neighbourhood

    Appreciation Rank

    York Condos has the
    ?
    highest ROI out of 22 condos in the Markham Centre neighbourhood

    Rental Yield

    York Condos yields the
    ?
    highest rent prices out of 22 condos in the Markham Centre neighbourhood

    High Demand

    York Condos is the
    ?
    most popular building out of 22 condos in the Markham Centre neighbourhood

    Transaction Insights at 8-18 Rouge Valley Drive W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$590,000$650,000 - $730,000$716,000 - $830,000$828,000 - $1,118,000$1,050,000No Data
    Avg. Cost Per SqftNo Data$1,110$1,123$1,006$819$846No Data
    Avg. Wait for Unit AvailabilityNo Data42 Days28 Days37 Days80 DaysNo DataNo Data
    Ratio of Units in Building1%18%35%36%11%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Markham Centre