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              For Sale 2 Days On Site

              #332E 278 Buchanan Drive

              near Highway 7 & Unionville Village
              $399,000 1+0bdr • 1ba • 1kit • 500-599sf
              Average Income
              $114,176
              Population Age
              45 y/old
              School Score
              9.23/10
              Price Index Change 1y
              +21.83%
              Price Index Change 3y
              -8.37%
              Rent Index Change 1y
              +2.95%
              Rent Index Change 3y
              +24.38%

              Condo Apt • Apartment #332E • 3 Level

              #332E 278 Buchanan Drive, Unionville, Markham
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 0.0 Undergrnd
              • exposure Ne
              • age New
              • locker None
              • possession

                Immediate

              $399,000

              n/a

              $260.00/m

              CALCULATED NUMBERS:

              $1497.00

              calculator

              $1850

              5

              61 Somewhat Walkable

              54 Good Transit

              80 Very Bikeable

              9.23/10

              Location Details
              • York

              • Markham

              • Unionville

              • Highway 7 & Unionville Village

              • L3R6J1

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              SOTHEBY`S INTERNATIONAL REALTY CANADA, BROKERAGE

              Property Overview
              Unionville Unionville Unionville *Luxury*Brandnew*Never Live-In* Yrdsb Unionville High &Affluent Schools/Child Care. Centre Of Markham*Commercial*Residential*Entertainment. Public Transit/Viva @Doorstep. Min To 404*407*Richmond Hill*Future University. Finest Architectures With Luminary Style Details. Be First To Live In This Designer-Inspired Suite. 9' Ceiling. Granite Counter/Backsplash.Enjoy Exemplify Gracious Living In Every Detail.
              Extras: Stainless Steel Appl:Fridge, Cooktop/Oven, D/W, E-Fan. F-Load W/D.World Class Amenity *24Hconcierge.Indoor Pool. Plunge.Sauna.Fitness.Yoga Studio.Resident Lounge.Library.Bar.Karaoke.Ping Pong.Mah Jong Room.Sky Tai-Chi Garden.Visitor Parking
              Property Features
              • Concierge
              • Exercise Room
              • Games Room
              • Guest Suites
              • Indoor Pool
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Water Included
              • Family Room
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Parking Included
              • Seller Property Info Statement
              • Cable TV Included
              Rooms details
              Living
              • Main Level
              • Combined W/Family
              • Open Concept
              • W/O To Balcony
              • Size 5.79x3.33
              Kitchen
              • Main Level
              • Combined W/Dining
              • Stone Counter
              • Stainless Steel Appl
              • Size 5.79x3.33
              Master
              • Main Level
              • 4 Pc Bath
              • W/W Closet
              • O/Looks Garden
              • Size 3.43x2.90
              Basement
              • None
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              • Listing added to site: 2020-10-17 00:44:19
              • Last updated: 2020-10-19 00:18:12
              • Photos updated: 2020-10-18
              • Contract date: 2020-10-16
              • Input date: 2020-10-16
              • Expiry date: 2021-10-16
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              332E 278 Buchanan Drive is a condo apt apartment, located in Unionville of city of Markham, York region, near Highway 7 & Unionville Village, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 3 of the building and has North-East exposure of Buchanan Dr. Condo registry office is YRSC, corporation number 1431.

              Lot Size and Living Area:

              332E 278 Buchanan Drive has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet. 278 Buchanan Drive building is appriximately New years old. An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Swimming Pool, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              332E 278 Buchanan Drive condo apt is listed for $399,000. And the monthly maintenance fee was $260.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,497, assuming $399,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization. Add property tax and condo maintenance fee to calculate your total expenses per month.
              Use our Mortgage and Investment Calculator, customized especially for 332E 278 Buchanan Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Unionville, where 278 Buchanan Drive is located, has $962,460 Home Price Index, and $2,301 Home Rent Index. Average household income at dissemination area of 278 Buchanan Drive is $114,176, and average polulation age is 45 years old.
              Average Home Price Index among 31 evaluated neighborhoods in city of Markham is $1,106,727, and average Home Rent Index $2,494.

              Similar Properties & Community Details:

              There are similar to 332E 278 Buchanan Drive 1 bedr condo apt condos listed For Sale and For Rent in city of Markham.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 278 Buchanan Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Unionville neighborhood in city of Markham.

              Schools:

              There are at least 3 school(s) located near 278 Buchanan Drive, or schools, which boundaries this address belongs to with an average School Score 9.23 out of 10. Here are more details about these schools:
              1. Sir Wilfrid Laurier Public School, Public, Elementary, ranked as Excellent.
              2. Parkview Public School, Public, Elementary, ranked as Excellent.
              3. Unionville H.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 61, 54, and 80 accordingly, location of 278 Buchanan Drive overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

              332E 278 Buchanan Drive Listings History Powered by AIDA
              Unionville, Markham Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Markham Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (66 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 3 to 4 properties like that to be sold in Unionville during the next 30 days.
              Seasonal sales fluctuation is showing -53% inventory decline comparing to the average annual number, which is equvalent to 6.33 properties sold per month, and 20% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 2 days, which is 12 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 28% D.O.M. increase comparing to the average annual number, which is equvalent to 10 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 3.03% above its asking price in Unionville.
              The selling to asking price ratio is declining in Unionville.
              This property has been on the market for less than average number of days it takes a home to sell in Unionville (13.7) .
              332E 278 Buchanan Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Unionville, Markham, to the City of Markham for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +21.83% comparig to the City of Markham average of +13.985%

              Price Index 3y

              Price Index change was -8.37% comparig to the City of Markham average of -0.87%

              Rent Index 1y

              Rent Index change was +2.95% comparig to the City of Markham average of +8.36%

              Rent Index 3y

              Rent Index change was -8.37% comparig to the City of Markham average of -0.87%

              Walkscore

              Walkscore 61 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 54 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 9.23 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
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              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $7,100 Cashback
              $475,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,085

              Condo Fee

              $415

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare$549,514

              $6,700 Cashback
              $449,900
              1br 1ba 500-599sf

              Prop Tax

              $1,815

              Condo Fee

              $479

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare$459,763

              Sold Cnd
              $399,000
              1br 1ba 700-799sf

              Prop Tax

              $1,997

              Condo Fee

              $472

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              55

              Compare n/a

              Sold Cnd
              $469,000
              1br 1ba 500-599sf

              Prop Tax

              $791

              Condo Fee

              $388

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare n/a