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    Markham / Markham Centre

    616 - 131 Upper Duke Cres

    For SaleThe Verdale Condos
    $638,000
    1 Bed + 1
    1 Bath
    1 Parking
    695 SQFT
    75 Days on Strata
    Est Sell Timeframe
    43 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $598/mth
    Taxes:
    $2,259 (2024)
    Cost Per Sqft:
    $918/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    30/60
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    10.24 x 20.77ft
    Dining
    Laminate, Combined with Living, Open Concept
    10.24 x 20.77ft
    Kitchen
    Laminate, Stainless Steel Appliances, Granite Counter
    8.14 x 9.42ft

    About this Listing

    Welcome to Luxurious Living in Downtown Markham! This spacious 1 bedroom + den condo offers modern elegance in one of Markham's most desirable neighborhoods. With 9-foot ceilings and a bright, open layout, this 695 sq ft unit boasts a sunny Southwest exposure with serene views of the parkette from your private balcony. The den, complete with a cozy nook, is perfect as a home office or can function as a second bedroom. The sleek kitchen is designed for both style and function, featuring granite countertops, stainless steel appliances, a breakfast bar, and top-tier upgrades. Freshly painted, with a new stove and dishwasher, this unit is move-in ready. Enjoy resort-style amenities, including an indoor pool, gym, party room, and 24-hour concierge service. Just steps from York Universitys future Markham campus, Cineplex VIP, restaurants, shopping, and more! Easy access to Hwy 407, GO Train, Viva Transit, and parks. Includes 1 underground parking spot and 1 locker.

    ExtrasDon't miss this incredible opportunity to live in the heart of Markham's vibrant and growing community!

    exp realtyMLS® #N9390997

    Amenities

    Rec Room
    Visitor Parking
    Indoor Pool
    Concierge
    Games Room
    Sauna

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    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

    The Verdale Condos vs The Markham Centre Area

    Building Trends At The Verdale Condos

    Days on Strata

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

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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
    3
    YEARS before being sold again

    Property Value

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

    Price Ranking

    10th
    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

    66
    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

    Transaction Insights at 111-151 Upper Duke Crescent

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$410,000$539,800 - $541,000$600,000 - $700,000$725,000$761,000 - $835,000
    Avg. Cost Per Sqft$799$948$946$881$777
    Avg. Wait for Unit Availability270 Days38 Days30 Days69 Days57 Days
    Ratio of Units in Building4%22%41%16%19%

    Transactions vs Inventory

    Total number of units listed and sold in Markham Centre