1 Eastern Skies Way, Markham

Price: $1,149,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13055870

Welcome to this stunning, sun-drenched, 2-storey corner townhouse in the heart of Markham, one of the rarest finds on the market! Facing a serene pond and flooded with natural light from every angle, this beautifully updated home offers an exceptional layout that simply can't be found in a typical townhouse. The expansive living and family room impresses with large windows and a sleek built-in media wall, while the granite eat-in kitchen with its oversized dinette area is perfect for everyday living and entertaining alike. Upstairs, the extra-large primary bedroom is a true retreat, complete with a walk-in closet outfitted with a custom built-in closet system. Every washroom has been fully renovated with elegant stone countertops and lighted mirrors, adding a boutique hotel feel throughout. The finished basement rounds out this incredible home with a brand new washer and dryer, a full washroom, and a private bedroom with closet, ideal for guests, a home office, or added family space. Situated in the catchment area of top-rated Bur Oak Secondary and San Lorenzo Ruiz Elementary, with Mount Joy GO Station just minutes away, this move-in ready gem is the Markham townhouse you've been waiting for. Just unpack and enjoy! View virtual tour: https://my.matterport.com/show/?m=kBncx6xVBG8.

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$1,149,000 - 1 Eastern Skies Way, Markham

Townhouse for Sale in Markham

48 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13055870
Property Type
Townhouse
Status
active
Days on Site
48
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
LANDSTARS 360 REALTY INC.
Description

Welcome to this stunning, sun-drenched, 2-storey corner townhouse in the heart of Markham, one of the rarest finds on the market! Facing a serene pond and flooded with natural light from every angle, this beautifully updated home offers an exceptional layout that simply can't be found in a typical townhouse. The expansive living and family room impresses with large windows and a sleek built-in media wall, while the granite eat-in kitchen with its oversized dinette area is perfect for everyday living and entertaining alike. Upstairs, the extra-large primary bedroom is a true retreat, complete with a walk-in closet outfitted with a custom built-in closet system. Every washroom has been fully renovated with elegant stone countertops and lighted mirrors, adding a boutique hotel feel throughout. The finished basement rounds out this incredible home with a brand new washer and dryer, a full washroom, and a private bedroom with closet, ideal for guests, a home office, or added family space. Situated in the catchment area of top-rated Bur Oak Secondary and San Lorenzo Ruiz Elementary, with Mount Joy GO Station just minutes away, this move-in ready gem is the Markham townhouse you've been waiting for. Just unpack and enjoy! View virtual tour: https://my.matterport.com/show/?m=kBncx6xVBG8.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Markham

Discover Markham

Markham is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Markham

  • Convenient location in Markham
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Markham offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Eastern Skies Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$2,027

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $766/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 48 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1 Eastern Skies Way, Markham — $1,149,000 | Battaglia Team