Eight Cedarland Condos is a new high-rise pre-construction Condo development by H & W Developments. It will be located at 8 Cedarland Dr, Markham. Major Intersection is Hwy 7 & Warden Ave.
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Details of Eight Cedarland Condos-
- No. of floors – 20
- No. of units – 517
- Suites Starting floor- 2nd
- Development name – Eight Cedarland Condos
- Developer (s) – H & W Developments
- Architects – DIALOG
- Interior Designer – Tomas Pearce Interior Design Consulting Inc
- Sq footage from – 558 sq ft – 1118 sq ft
- Available in – 1 BR, 1BR+den, 2BR, 2BR+den, 3BR
- No. of Floor plans – 10
Why to buy or invest in Eight Cedarland Condos-
Eight Cedarland Condos in Markham will be located in a growing community and is a right investment opportunity for downsizers, professionals looking to live near work place and investors.
Eight Cedarland Condos provides the community with a perfect combination of functional design, modern sensibility and relaxed luxury. It provides plenty of entertainment opportunities. For nature lovers, there are around 200 parks, trails and pathways measuring to 150 KM where you can unwind and rejuvenate yourself while enjoying the beauty of nature.For art lovers, there are art galleries and historical heritage buildings supported by city of Markham A new campus of York University is opening in 2020. Globally hightech companies like Aviva, Lenovo, IBM and many more are relocating their headquarters to Markham, which will create more employment opportunities here. Tallest building in York Region Liberty Square is just 4 minutes walk from Eight Cedarland and provides employment almost 800 people per net hectare. Access to all major highways and public transit is at your door. Above all, tax rates are the lowest in Markham since 2009
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Highlights about Eight Cederland Condos-
- Prime location- Heart of Markham
- Very easy access to Hwy 407 & 404 and Steps to the YRT, VIVA & Union GO Station
- Plenty of entertainment opportunities available in the neighborhood like Varley Art Gallery of Markham, Cineplex Cinemas Markham, Kidstown Water Park, CF Fairview Mall.
- Golf lovers can enjoy golfing at Bayview Golf and Country Club, York Downs Golf and Country Club, Markham Green Golf Club
- Markham Stouffville Hospital is just 9 minutes from Eight Cedarland.
- Nearby parks include Milne Dam Conservation Park, Carlton Park, Toogood Park and Thomas Frisby Woods and others.
- Close to schools including the future York University Markham Campus
- Minutes drive to Markville Mall Stop where you can find major like Apple, Michael Khors, Saks off 5th, Banana Republic, Mac, Sephora, Body shop
- Under 4 minutes drive to Markham Civic Centre and Markham Town Centre
- 6 minute drive to Pan AM Centre
- 5-minute drive to YMCA, Smart Centre Woodbridge, Costco, Shoppers Drug mart, No Frills.
- Minutes drive to five golf clubs including Angus Glen Golf club, York Downs Golf and Country Club, Cresthaven Golf Club
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Rental Analysis of the community –
- Rentability– Neighborhood vacancy rates below 1% with less than 12 days on market
- Rental Appreciation– Rental rates appreciated an average more than 8% year over year (Source – Toronto Real Estate Board)
- Rental Rates in the area are following-
- 1 Bedroom- $1600- $1850; Median- $1750; Days in Market – 8
- 1 Bedroom + Den- $1750-$1990, Median – $1880; Days in Market – 09
- 2 Bedrooms- $1950-$2750, Median – $2350; Days in market – 12
- 2 Bedrooms + Den – $2100-$3000, Median – $2350; Days in market – 20
(These are last 90 days statistics from the date of getting updated leased units data from Toronto Real Estate Board i.e. January 27, 2019)
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Renderings of Eight Cederland Condos-
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Location of Eight Cedarland Condominiums-
1 Clegg Road, Markham, Ontario, Canada
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Amenities at Eight Cederland Condos –
- Two storey grand lobby
- Indoor sports facility
- 24 hours access to Fitness Centre
- Social lounge
- Entertainment and Game Room
- Play Lounge for Kids
- Yoga and Dance studio
- Gourmet and kitchen and dining
- Many more
Deposit Structure –
$5,000 On Signing; Balance to 5% in 30 Days
5% in 90 Days
5% in 270 Days
5% in 540 Days
5% On Occupancy
Occupancy
Fall 2023
Maintenance Fee
$0.54 per sq ft per month (Hydro & Water Metered Separately)
Locker: Approx. $16/month
Parking: Approx. $45/month
Taxes
Approximately 1%
Incentives (LIMITED TIME & Subject to change)
- Assignment
- Capped Levies
- Extended Deposit Structure
- And Many more
Pricing
$35,000 (Regular Price – $38,000)
(Eligible for Suites Greater Than 630sf)
Floor Plans
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