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    Markham / Markham Centre

    511 - 8228 Birchmount Rd

    For RentRiverpark Condos
    $2,450/mth
    1 Bed + 1
    1 Bath
    1 Parking
    683 SQFT
    3 Days on Strata
    Est Lease Timeframe
    26 Days

    Listing History

    Unit Highlights

    Possession Date:
    January 15, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    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
    Combined with Dining, Picture Window, Walkout To Balcony
    64.57 x 32.81ft
    Dining
    Combined with Living
    64.57 x 32.81ft
    Great Rm
    Open Concept
    29.07 x 23.69ft

    About this Listing

    Spacious! Well Maintained 1+1 Unit W/ 9 Ft Ceilings! Large Bedroom With Walk-In Closet! Large Den Can Be Converted To A Home Office/Guest Bedroom. Quartz Stone Countertops! Next To Shopping Plaza-Rbc, Bmo, Whole Foods, Lcbo & Much More! Less Than 5 Mins To Unionville Go Station & 30 Mins To Union Station. Nearby Viva Bus Terminal & Yrt Transit. Right Next To 407 & 404. Unionville Highschool, No Frills & Td Bank!

    ExtrasStainless Steel Fridge, Stove, Dishwasher, Range Hood, Washer & Dryer. Includes 1 Parking & 1 Locker.

    living realty inc.MLS® #N10430484

    Amenities

    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    Bike Storage
    Rec Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    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

    Riverpark Condos vs The Markham Centre Area

    Building Trends At Riverpark Condos

    Days on Strata

    Units at Riverpark Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    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
    4.5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 22 condos in the Markham Centre area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    86
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 1 Uptown Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed + Den
    Price Range$920,000$625,000 - $720,000$785,000$1,088,000$1,050,000
    Avg. Cost Per Sqft$1,754$940$1,096$906$1,600
    Avg. Wait for Unit Availability30 Days15 Days49 Days45 DaysNo Data
    Ratio of Units in Building22%52%12%16%1%

    Transactions vs Inventory

    Total number of units listed and leased in Markham Centre