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    Markham Centre

    706 - 131 Upper Duke Cres

    $599,0001 bd2 ba1 pk710 sqft
    For SaleThe Verdale Condos
    1 Day on Strata
    $599,000
    1 Bed + 1
    2 Bath
    1 Parking
    710 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $608/mth

    Taxes:

    $2,232 (2024)

    Cost Per Sqft:

    $844/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    Immediately

    Laundry:

    Main

    Amenities

    Rooftop Deck
    Indoor Parking
    Guest Suites
    Rec Room
    Party Room
    Concierge
    Visitor Parking
    Media Room
    Gym
    Sauna
    Security System
    BBQs Allowed
    Indoor Pool
    Games Room

    About this Listing

    Located In Downtown Markham, Open Concept, 9' Ceiling, Granite Countertop In Kitchen With Undermount Sink, Engineered Hardwood in Bedroom, Ethernet Jacks Throughout For Cabled Internet, Main Floor With 3 Piece Bath, Master Bed With 4 Piece En-suite Bath, Both Baths With Granite Vanities, Large Balcony, Extra Wide Parking Spot - Close To Elevator & Locker

    ExtrasSS Appliances (Fridge, Stove, Microwave, Dishwasher), Front Load Washer & Dryer, All ELFs, Window Coverings, Ecobee Thermostat

    realty associates inc.MLS® #N12084552

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Combined with Dining, hardwood floor, Walkout To Balcony

    17 x 10.34ft

    Dining

    Combined with Living, hardwood floor

    17 x 10.34ft

    Kitchen

    Granite Counter, Backsplash, Stainless Steel Appliances

    8.69 x 8.01ft

    Primary

    Ensuite Bath, hardwood floor, Walk-in Closet

    12.5 x 10.01ft

    2nd Bedroom

    Hardwood Floor

    6.99 x 6.99ft
    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    6/10
    Walkability
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    6/10
    Transit
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    7/10
    Bikeability
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    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%

    Building Trends At The Verdale Condos

    Days on Strata

    Units at The Verdale Condos spend an average of
    26
    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 Markham Centre

    Turnover of Units

    On average, each unit is owned for
    3
    YEARS before being sold again

    Property Value

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

    Price Ranking

    12th
    Highest price per SQFT out of 22 condos in the Markham Centre area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    53
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Market Insights

    Transaction Insights at The Verdale Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$410,000$539,800 - $541,000$580,000 - $700,000No Data$761,000 - $835,000
    Avg. Cost Per Sqft$799$945$931No Data$746
    Avg. Wait for Unit Availability243 Days38 Days32 Days74 Days55 Days
    Ratio of Units in Building4%23%41%16%19%

    Market Inventory

    Total number of units listed and sold in Markham Centre