10941 Victoria Square Boulevard, Markham

Price: $888,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13016930

Gorgeous Freehold townhome, with 3 bedrooms and 1 additional room that can be used as an office or can be turned into a bedroom. Townhouse features 9 foot ceilings throughout & high stained hardwood floors and upgrade security windows and doors in the main floor. Located in the highly desirable community of Victoria Square, Markham. It's minutes to Hwy 404, Costco, Home Depot, Canadian Tire, Multiple Banks, T&T Supermarket, Richmond Greens Sports Centre and Top Ranking High Schools.

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$888,000 - 10941 Victoria Square Boulevard, Markham

Townhouse for Sale in Markham

61 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13016930
Property Type
Townhouse
Status
active
Days on Site
61
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 LANDUNION REALTY INC.
Description

Gorgeous Freehold townhome, with 3 bedrooms and 1 additional room that can be used as an office or can be turned into a bedroom. Townhouse features 9 foot ceilings throughout & high stained hardwood floors and upgrade security windows and doors in the main floor. Located in the highly desirable community of Victoria Square, Markham. It's minutes to Hwy 404, Costco, Home Depot, Canadian Tire, Multiple Banks, T&T Supermarket, Richmond Greens Sports Centre and Top Ranking High Schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,555.90/mo

Includes CMHC insurance ($24,775)

$
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5%10%50%

5-yr fixed avg.

Principal: $799,200Interest: $542,795
Mortgage Amount$823,975
Total Interest$542,795
Est. Property Tax$629/mo
Total Cost$1,366,770

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

10941 Victoria Square Boulevard, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$629
Insurance (est.)-$185
Net Cash Flow+$1,916

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 $592/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 61 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.

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 3 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 $3,700 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    10941 Victoria Square Boulevard, Markham | $888,000 | Battaglia Team