$1,699,990 - 101 Smoothwater Terrace, Markham
Detached for Sale in Markham
137 days on market- MLS Number
- N12487087
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Markham
- Lot Size
- 4,973 sqft
- Listing Brokerage
- EXP REALTY
Stunning 4 bedroom, 4 bath detached home in Markham's coveted Box Grove community, situated on a premium 45.93 x 108.27 ravine lot with mature trees and professional landscaping. 3,277 sq ft of above grade living space, this 2 storey beauty showcases upgraded light fixtures, hardwood flooring, and a smart layout perfect for family living and entertaining. The bright main floor features a spacious living room with a cozy fireplace, formal dining area, family room, office and a modern kitchen ready for your personal touch. Upstairs, find generously sized bedrooms and a serene primary suite with ample closet space and a well appointed ensuite. Step outside to a private deck with stairs leading to a fully fenced backyard backing onto tranquil green space. The walk out basement with full size windows ideal for future finishing or in-law potential. Equipped with smart home tech: Nest Learning Thermostat, video doorbell, electronic lock, smart smoke/CO detectors, furnace (2021), Sprinkler System (front/back). Located near top ranked schools like David Suzuki PS, Markham District High School, Father Michael McGivney Catholic Academy High School, and Bill Crothers Secondary School. This home is walking distance to Bob Hunter Memorial Park. For shopping and dining, residents have convenient access to Boxgrove Centre, featuring Restaurants, Longos, Banks, Starbucks, Walmart and more. Commuters will appreciate the homes proximity to Highway 407 and access to York Region Transit, ensuring easy travel throughout the Greater Toronto Area.
Estimate your monthly payments for this property
Estimated Payment
$7,519.63/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.
101 Smoothwater Terrace, Markham
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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
Competitive Pricing
At $567/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 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.