$2,038,000 - 10 Cherry Blossom Lane, Markham
Detached for Sale in Markham
137 days on market- MLS Number
- N12583924
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Stunning 4+1 Bedroom, 5 Bathroom Detached Home on a Premium Lot! Located in a quiet residential neighbourhood that's close to the city but offers a serene, country-like feel, this beautifully upgraded and meticulously maintained family home is the perfect blend of comfort and convenience. The home features a spacious eat-in kitchen with an island, breakfast area ,quartz counter top ,and plenty of pot lights. The open-concept layout, enhanced by large windows, fills the space with natural light and creates a warm, inviting atmosphere throughout. Generous principal rooms are ideal for both everyday living and entertaining. The finished basement with a separate entrance adds valuable extra living space and privacy-perfect for extended family, guests, or a home office. Step outside to your private backyard oasis, complete with a stone patio, lush manicured landscaping, and a full in-ground sprinkler system-perfect for entertaining or peaceful relaxation. All of this is just steps from Toronto Ladies Golf Club, Thornhill Golf & Country Club, parks, top-rated schools, Yonge Street, Hwy 7, Hwy 407, shops, restaurants, and more!
Estimate your monthly payments for this property
Estimated Payment
$9,014.76/mo
5-yr fixed avg.
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.
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
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.
10 Cherry Blossom Lane, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1019/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 137 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.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 5 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 $8,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.