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Listed 5 months ago

1508-1509 - 135 Pond Drive

Commerce Valley, Markham

$1,288,888

Condo Apartment |
4 | 3 | 2 | 1
About this home

*** A Rare Opportunity to Own Two Completely Renovated Units (1508 & 1509) *** Boasting over 2000 sqft of luxurious living space, divided between two fully self-contained units, this unique property offers exceptional flexibility. Both units have been meticulously renovated from top to bottom and are brand-new, never before lived in. *** Ideal Investment or Multi-Generational Living Setup *** Live in one unit while offsetting your mortgage by renting the other, rent both units, or easily convert them into a spacious single living area. This is a perfect opportunity for multi-generational living or versatile rental options. *** Unit 1508: *** A spacious, bright corner unit featuring 2 bedrooms, 2 bathrooms, and a stunning waterfall island in the kitchen. *** Unit 1509: *** A separate 2-bedroom, 1-bathroom unit offering privacy and comfort.Both units include ensuite laundry, 2 underground parking spaces, and a storage locker. *** Exquisite 2025 Renovations with High-End Finishes *** No expense was spared in the 2025 renovations, featuring custom kitchens with quartz countertops, designer backsplashes, and high-end stainless-steel appliances, including a Bosch induction range, Bosch dishwashers, a brand-new GE French door fridge with water and ice dispenser, and Electrolux and Bosch washers and dryers. *** Luxury Finishes Throughout *** Italian-made Aquabrass showers, Designo and Kohler faucets, Australian Caroma smart toilets, large Kindred stainless-steel sinks with side drains, and premium West Elm and Vaneto vanities. Custom modern Aria vents complete the high-end aesthetic. *** Convenient Location with Access to Everything *** Located in the heart of Markham, this property offers easy access to public transit, local parks, shopping centers, place of worship, great shools and a variety of other amenities. Its also just moments away from Highways 404 and 407, making commuting a breeze.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$1,515
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,472
mls© NumberN12844472
Listed ByRIGHT AT HOME REALTY
CAC Included
Heat Included
Building Insurance Included
Common Elements Included
Water Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$6,597
Property tax
$289
Heat allowance
$150
Condo fees, half counted
$758
Housing costs
$7,794 / mo

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

Down payment20% · $257,778
25-yr amortization

Income needed

$240,000

gross annual household income

Payment at 4%
$5,424 / mo
Cash down
$257,778

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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