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    Markham / Markham Centre

    323 - 8228 Birchmount Rd

    For SaleRiverpark Condos
    $699,000
    1 Bed + 1
    2 Bath
    1 Parking
    746 SQFT
    43 Days on Strata
    Est Sell Timeframe
    42 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $504/mth
    Taxes:
    $2,812 (2023)
    Cost Per Sqft:
    $937/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    9.32 x 7.42ft
    Dining
    10.01 x 8.43ft
    Living
    10.66 x 10.01ft

    About this Listing

    *Sapcious 746sqft + 70sqft balcony= 816sqft in total! *Ultra Low Maint fee less than $0.64/sqft/month* Freshly painted* 1 parking + 1 Locker included* Perfect for 1st time buyer or use as investment property. Spacious 1+1 bedroom condo w/ 9' ceiling located in downtown Markham. Spacious den can be enclosed, providing the flexibility to be used as a 2nd bedroom. Enjoy unparalleled convenience, mins to york university campus, shopping centers like Whole Foods and No Frills, along with banks, coffee shops, Chinese and Western restaurants, clinics, and drug stores, all within walking distance. Plus, you're just minutes from Highways 404 and 407, TTC, and Viva.

    re/max hallmark realty ltd.MLS® #N9354019

    Amenities

    Media Room
    Indoor Parking
    Bike Storage
    Games Room
    BBQs Allowed
    Gym Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    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

    Riverpark Condos vs The Markham Centre Area

    Building Trends At Riverpark Condos

    Days on Strata

    Units at Riverpark Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 22 condos in the Markham Centre area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    88
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 1 Uptown Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$495,000$638,800 - $720,000$785,000$1,088,000$1,050,000
    Avg. Cost Per Sqft$1,042$947$1,096$906$1,600
    Avg. Wait for Unit Availability27 Days15 Days49 Days45 DaysNo Data
    Ratio of Units in Building22%52%12%16%1%

    Transactions vs Inventory

    Total number of units listed and sold in Markham Centre