$393,000
For sale: Apartment

Freshly Renovated 1 Bedroom Unit At The Derby Tower With 9 Ft Ceiling, New Vinyl Floor In Living, Dining And Bedroom, New Kitchen Cabinet With New Appliance, New Sink In The Bathroom, Newly Painted, Move In Condition, Open Concept Kitchen, EV Charging Station (Pay Per Use), Building Amenities Includes a Gym, Sauna, and Party Room, Prime Highly Accessible and Desirable Location, Steps To Public Transit, Times Square, Restaurants, Banks, Shops, Park. Minutes To Hwy 404 & 407, Downtown Markham, Go Station, One Parking Spot Is Included, Hydro Is Billed As An Equal Monthly Fee, Which Is Reconciled Annually .
Sold data
Apartment homes in Markham (Commerce Valley) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 52, across 187 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.
The median sale price was $575,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 187 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Markham (Commerce Valley) has 95 Fraser Institute–rated schools (76 elementary and 19 secondary), averaging 7.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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