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New6 days ago

UPH 01 - 88 Times Avenue

Commerce Valley, Markham

$799,000

Condo Apartment |
3 | 3 | 2 | 1
About this home

Rarely available 1,528 sq ft Upper Penthouse corner unit, one of the largest and most elevated offerings in Victoria Tower. North-east facing with soaring 10-ft ceilings, 3 bedrooms, 2 balconies and 2 private ensuites. Kept in pristine condition and move-in ready. Includes 2 parking spaces, 2 storage lockers, and surface visitor parking on-site. Building amenities: 24-hr concierge, indoor pool, sauna, gym, party room, etc. Steps to YRT/Viva on Highway 7, with direct access to Hwy 404 and 407. Supermarkets, restaurants, cafes, and daily essentials within walking distance. Richmond Hill Centre/GoTrain station, the area's emerging transit and commercial hub, is minutes away, adding long-term investment value. Corner penthouses with this footprint, ceiling height, and dual-ensuite layout don't come up often and at $582/SF this is a must-see! A rare unit in a well-run building in one of York Region's most connected locations. ***Some photos are virtually staged***

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,466
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,976
mls© NumberN13678284
Listed ByGLOBAL LINK REALTY GROUP INC.
Heat Included
Building Insurance Included
Common Elements Included
Parking Included
Water Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$331
Heat allowance
$150
Condo fees, half counted
$733
Housing costs
$5,304 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$163,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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