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    55 Austin Drive

    Waldon Pond Condos
    4for Sale
    1for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    10

    Number of Units:

    142

    Condo Completion:

    1988

    Condo Demand:

    Medium

    Unit Size Range:

    844 - 1,788 SQFT

    Unit Availability:

    Low

    Property Management:

    360 Community Management Ltd.

    Amenities

    BBQs Allowed
    Indoor Pool
    Rec Room
    Guest Suites
    Security System
    Sauna
    Concierge
    Games Room
    Party Room
    Gym Room
    Visitor Parking
    Tennis Court

    About 55 Austin DriveWaldon Pond Condos

    Anyone who’s seeking a Markham condo for sale should consider Waldon Pond Condos at 55 Austin Drive. Tridel completed this building back in 1988, but unlike other buildings of that age, maintenance fees are quite high at $1.06 per-square-foot. The 10-storey building is home to 142 suites with units ranging between 844 and 1788 square feet.

    Maintenance fees at 55 Austin Drive are $1.06 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    The average cost per-square-foot for a unit at 55 Austin Drive is $665, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at Waldon Pond Condos spend 41 days on the market on average and usually sell for -3.05% below the listing price. In the last 12 months, 3 units have rented, and 7 have sold.

    The Neighbourhood

    Living here means you’re just a 9-minute walk from Krispy's Kajun Chicken, Kernels and JOEY Markville, making it easy to dazzle your taste buds without much effort. There’s always time for coffee with A Corner Cafe, McDonald's and Aroma Espresso Bar - Markville a short 8-minute walk away.

    Grocery shopping is never a chore with stores such as Lucky Foodmart and T&T Supermarket in the area.

    There are a number of banks within a short drive, including HSBC Bank for all your investment needs.

    55 Austin Drive is just a short 2-minute drive to several green spaces like Austin Drive Park, Avoca Park and Denby Valley.

    Like to shop? Everything you need is close by when you live at 55 Austin Drive, including Peachtree Centre, New Kennedy Square and Unionville Mews which are only 3 away.

    There are also several unique attractions nearby to keep yourself entertained, such as Frame Print Gallery — all just a quick 9-minute walk away.

    Families with older children will be happy to know that Mathnasium can be reached by car in under 5 minutes.

    Transportation

    Transit users will need to trek a bit to Highway 7 / Kennedy Rd, the nearest light transit stop. Scarborough Centre isn’t within a close walking distance, but you can drive there in about 30 minutes.

    There are several similar condos in the area, such as 25 Austin Drive, 610 Bullock Drive and 2 Raymerville Drive — all worth checking out.

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Air Conditioning
    Water
    Not Included
    None

    Listing History for Waldon Pond Condos

    Apr 04, 202574 days on Strata
    expired

    $899,000
    712 - 55 Austin Dr
    2 + 1
    2
    2
    1450 Sqft
    View
    Mar 31, 20255 days on Strata
    expired

    $849,000
    612 - 55 Austin Dr
    2 + 1
    2
    1
    1440 Sqft
    View
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    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    5/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    2,403
    Average Individual Income
    $124,319
    Average Household Size
    0 persons
    Average Age
    39
    Average Household Income
    $193,751
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    19%
    35 - 49
    19%
    50 - 64
    28%
    65+
    15%
    Household Income
    $0 - $30,000
    39%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    11%
    Housing Types & Tenancy
    Detached
    87%
    Duplex
    6%
    Semi Detached
    4%
    Low Rise Apartment
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    91%
    Other
    4%
    Mandarin
    2%
    Cantonese
    2%
    Russian
    1%
    Education
    High School
    30%
    University and Above
    27%
    College
    20%
    None
    13%
    Apprenticeship
    5%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    21%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    7%
    Personal, Protective & Transportation Services
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Physical Sciences
    4%
    Visual & Performing Arts
    1%
    Agriculture & Natural Resources
    1%



    Days on Strata

    Units at Waldon Pond Condos spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Markville

    Turnover of Units

    On average, each unit is owned for
    13.6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Markville area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Waldon Pond Condos offers the
    ?
    best value out of 3 condos in the Markville neighbourhood

    Appreciation Rank

    Waldon Pond Condos has the
    ?
    highest ROI out of 3 condos in the Markville neighbourhood

    Rental Yield

    Waldon Pond Condos yields the
    ?
    highest rent prices out of 3 condos in the Markville neighbourhood

    High Demand

    Waldon Pond Condos is the
    ?
    most popular building out of 3 condos in the Markville neighbourhood

    Market Insights

    Transaction Insights at Waldon Pond Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$600,000 - $610,000$760,000 - $788,000$788,000 - $1,120,000No Data
    Avg. Cost Per SqftNo Data$717$667$691No Data
    Avg. Wait for Unit Availability330 Days240 Days163 Days134 Days317 Days
    Ratio of Units in Building10%17%30%36%9%

    Market Inventory

    Total number of units listed and sold in Markville