10 River Bend Road, Markham

Price: $1,799,000

0 bedrooms, 0 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: N12967516

Discover unparalleled luxury living on these extraordinary ravine lots backing onto the picturesque Rouge River. A spacious, pie-shaped and regular lots boasts over 210 feet of frontage, expanding to over 300 feet, and subdivided into four premium custom home LOTS each 50+ x 150+, Only two lots for sale LOT 2 & 3. Key features: Large Custom Homes: Each lot offers ample space for 4,000+ sqft homes. Prime location: Situated in a highly sought-after area, close to all amenities. Breathtaking Views: Principal rooms feature expansive windows and a finished basement with walk-up access to the serene riverfront yard. Private and Mature Lots: Enjoy unobstructed views of the Rouge River from your private oasis. Flexible Ownership Options: Individual Lot Sales: Purchase one of multiple lots separately. Combined lots: Acquire adjacent lots to create an expansive estate. Unmatched lifestyle: Experience the epitome of luxury living in these stunning custom homes, perfectly positioned to take advantage of the natural beauty of the Rouge River

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$1,799,000 - 10 River Bend Road, Markham

Detached for Sale in Markham

68 days on market
0Beds
0Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
N12967516
Property Type
Detached
Status
active
Days on Site
68
Bedrooms
0
Bathrooms
0
Square Feet
700 - 1,099 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 INNOVATIVE REALTY INC.
Description

Discover unparalleled luxury living on these extraordinary ravine lots backing onto the picturesque Rouge River. A spacious, pie-shaped and regular lots boasts over 210 feet of frontage, expanding to over 300 feet, and subdivided into four premium custom home LOTS each 50+ x 150+, Only two lots for sale LOT 2 & 3. Key features: Large Custom Homes: Each lot offers ample space for 4,000+ sqft homes. Prime location: Situated in a highly sought-after area, close to all amenities. Breathtaking Views: Principal rooms feature expansive windows and a finished basement with walk-up access to the serene riverfront yard. Private and Mature Lots: Enjoy unobstructed views of the Rouge River from your private oasis. Flexible Ownership Options: Individual Lot Sales: Purchase one of multiple lots separately. Combined lots: Acquire adjacent lots to create an expansive estate. Unmatched lifestyle: Experience the epitome of luxury living in these stunning custom homes, perfectly positioned to take advantage of the natural beauty of the Rouge River

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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 River Bend Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$751

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

Premium Pricing

At $2570/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 68 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    10 River Bend Road, Markham — $1,799,000 | Battaglia Team