10 Belle Terre Way, Markham

Price: $1,775,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: N12886258

Welcome to Swan Lake Village, Markham's premier gated community - where nature, security, and refined living come together. This rare end-unit 2+1 bedroom, 4 bathroom bungaloft offers over 2,000 sq. ft. of exquisitely renovated space, reimagined with hundreds of thousands invested in top-tier finishes and craftsmanship. Designed by the owners for themselves, every detail reflects thoughtful luxury.The main floor features a stunning custom kitchen with heated floors, quartz surfaces, a 6-burner gas cooktop, built-in oven and microwave, and a charming breakfast area with bespoke seating and storage. The sun-filled great room impresses with soaring ceilings, walls of windows, and a remarkable custom three-sided marble fireplace, all opening to a private backyard oasis with refreshed stone patio, deck, electric awning, BBQ hookup, and serene views of the Butterfly Garden and gazebo. The main-floor primary suite offers a spa-inspired ensuite with heated floors and a custom walk-in closet, complemented by a stylish powder room, generous foyer closet, and convenient laundry area. A bright loft level provides versatility as a home office, lounge, or second bedroom, complete with custom built-ins and its own heated-floor ensuite. The fully finished lower level adds exceptional living space with a bedroom, full bath, second laundry area, and redesigned staircase for improved flow. A 1.5-car epoxy-finished garage with interior access and a private two-car driveway enhance everyday convenience, with ample visitor parking nearby. Residents enjoy exclusive access to Swan Lake Village's resort-style amenities including indoor and outdoor pools, tennis and pickleball, bocce, billiards, shuffleboard, walking trails, and a vibrant clubhouse. Perfect for those seeking luxury, space, and a maintenance-free lifestyle, this is a truly one-of-a-kind home in an exceptional community.

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$1,775,000 - 10 Belle Terre Way, Markham

Condo for Sale in Markham

89 days on market
3Beds
4Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
N12886258
Property Type
Condo
Status
active
Days on Site
89
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Locker
None
Exposure
North East
Balcony
Terrace
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to Swan Lake Village, Markham's premier gated community - where nature, security, and refined living come together. This rare end-unit 2+1 bedroom, 4 bathroom bungaloft offers over 2,000 sq. ft. of exquisitely renovated space, reimagined with hundreds of thousands invested in top-tier finishes and craftsmanship. Designed by the owners for themselves, every detail reflects thoughtful luxury.The main floor features a stunning custom kitchen with heated floors, quartz surfaces, a 6-burner gas cooktop, built-in oven and microwave, and a charming breakfast area with bespoke seating and storage. The sun-filled great room impresses with soaring ceilings, walls of windows, and a remarkable custom three-sided marble fireplace, all opening to a private backyard oasis with refreshed stone patio, deck, electric awning, BBQ hookup, and serene views of the Butterfly Garden and gazebo. The main-floor primary suite offers a spa-inspired ensuite with heated floors and a custom walk-in closet, complemented by a stylish powder room, generous foyer closet, and convenient laundry area. A bright loft level provides versatility as a home office, lounge, or second bedroom, complete with custom built-ins and its own heated-floor ensuite. The fully finished lower level adds exceptional living space with a bedroom, full bath, second laundry area, and redesigned staircase for improved flow. A 1.5-car epoxy-finished garage with interior access and a private two-car driveway enhance everyday convenience, with ample visitor parking nearby. Residents enjoy exclusive access to Swan Lake Village's resort-style amenities including indoor and outdoor pools, tennis and pickleball, bocce, billiards, shuffleboard, walking trails, and a vibrant clubhouse. Perfect for those seeking luxury, space, and a maintenance-free lifestyle, this is a truly one-of-a-kind home in an exceptional community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,851.42/mo

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5-yr fixed avg.

Principal: $1,420,000Interest: $935,427
Mortgage Amount$1,420,000
Total Interest$935,427
Est. Property Tax$1,257/mo
Total Cost$2,355,427

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

10 Belle Terre Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$1,257
Insurance (est.)-$370
Net Cash Flow+$633

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

Fair Market Value

At $888/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 89 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $7,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    10 Belle Terre Way, Markham — $1,775,000 | Battaglia Team