112 Sunway Square, Markham

Price: $899,999

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13227578

This exceptionally convenient and spacious freehold end-unit townhouse features four bedrooms and two and a half bathrooms, offering a perfect alternative for those seeking more space than a condo or apartment in areas like North York, Yonge and Finch, or Fairview Mall. The well-maintained and bright home features an array of modern upgrades, including a contemporary quartz countertop and fireplace, along with quartz countertops and glass showers in both full bathrooms. A standout feature is the above-ground, finished walk-out basement equipped with an ensuite, which serves as an ideal space for in-laws or as a potential rental unit. Outside, the property includes a rare double garage, providing a total of three parking spots between the garage and the driveway. Families will also benefit from access to the top-rated Markville Secondary School, which is highly ranked at eighteenth out of 747 schools with an impressive 9.0 out of 10 rating. The location offers an completely care-free lifestyle for daily commuting and errands, positioned just a three-minute walk from the GO Train station, which connects to the TTC Bloor subway line in 25 minutes and reaches Union Station in downtown Toronto in 45 minutes. A three-minute walk also connects you to YRT and TTC bus stations, as well as a Loblaws, Marshalls, a community center, and a local park. Markville Mall and a wide variety of restaurants are only a five-minute walk away. For further options, a quick five-minute drive leads to T&T, Foodymart, Walmart, No Frills, Winners, Dollarama, historic Unionville Main Street, and Too Good Pond. Additionally, the home is located just a 10 to 15-minute drive from downtown Markham and the major Markham business area, providing effortless access to major employers such as IBM, Aviva, CGI, Allstate, AMD, GE, AC Nielsen, Ceridian, Honeywell, and CAA.

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$899,999 - 112 Sunway Square, Markham

Townhouse for Sale in Markham

Popular Listing
4Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13227578
Property Type
Townhouse
Status
active
Days on Site
14
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
ENSO REALTY INC.
Description

This exceptionally convenient and spacious freehold end-unit townhouse features four bedrooms and two and a half bathrooms, offering a perfect alternative for those seeking more space than a condo or apartment in areas like North York, Yonge and Finch, or Fairview Mall. The well-maintained and bright home features an array of modern upgrades, including a contemporary quartz countertop and fireplace, along with quartz countertops and glass showers in both full bathrooms. A standout feature is the above-ground, finished walk-out basement equipped with an ensuite, which serves as an ideal space for in-laws or as a potential rental unit. Outside, the property includes a rare double garage, providing a total of three parking spots between the garage and the driveway. Families will also benefit from access to the top-rated Markville Secondary School, which is highly ranked at eighteenth out of 747 schools with an impressive 9.0 out of 10 rating. The location offers an completely care-free lifestyle for daily commuting and errands, positioned just a three-minute walk from the GO Train station, which connects to the TTC Bloor subway line in 25 minutes and reaches Union Station in downtown Toronto in 45 minutes. A three-minute walk also connects you to YRT and TTC bus stations, as well as a Loblaws, Marshalls, a community center, and a local park. Markville Mall and a wide variety of restaurants are only a five-minute walk away. For further options, a quick five-minute drive leads to T&T, Foodymart, Walmart, No Frills, Winners, Dollarama, historic Unionville Main Street, and Too Good Pond. Additionally, the home is located just a 10 to 15-minute drive from downtown Markham and the major Markham business area, providing effortless access to major employers such as IBM, Aviva, CGI, Allstate, AMD, GE, AC Nielsen, Ceridian, Honeywell, and CAA.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

112 Sunway Square, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,076

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 $818/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.

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.

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 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 $3,750 (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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    112 Sunway Square, Markham — $899,999 | Battaglia Team