121 Luzon Avenue, Markham

Price: $1,450,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N12857806

Welcome to this luxury 3,492 sq.ft. ARISTA Baywood Model in prestigious Boxgrove Village, featuring a rare 890 sq.ft. ground-floor commercial flex space-ideal for retail, office, studio, medical, or professional use. The storefront faces Copper Creek Drive with large display windows and strong exposure. Enjoy exceptional parking with an attached 2-car garage plus a 4-car driveway (up to 6 total). The main level offers a bright open-concept great room with hardwood floors, elegant wall trims, and a statement staircase with wrought-iron pickets.The upgraded chef's kitchen features granite countertops, stainless steel appliances, mosaic backsplash, a large island, and a stylish breakfast area. This level also includes 2 full bedrooms, laundry room, and a walkout to a balcony features motorized retractable screens that keep out mosquitoes and snow, allowing you to enjoy fresh air year-round while maintaining complete privacy (you can see out, but others can't see in). The upper level includes a bright media loft with a designer wood-accent wall, two generous bedrooms. The primary suite offers a custom geometric feature wall, a walk-in closet, and a luxury 5 piece ensuite with double vanities, glass shower, and deep soaker tub. A standout highlight is the expansive third-floor rooftop terrace, providing private outdoor living ideal for entertaining, dining, gardening, children's play, or creating a custom rooftop lounge. A large outdoor storage shed is included. This property follows layout: Ground Floor - 890 sq.ft. commercial unit flex space, 2-car garage (plus 4-car driveway); Main Floor - Great room, kitchen, breakfast, bedroom, study/office, laundry, balcony; Upper Floor - Media loft, 2 large bedrooms, 2 full baths (incl. primary ensuite) and Oversized private terrace with storage shed. VTB may be considered for qualified buyers on a fast closing, terms to be negotiated. Furniture package available for purchase at buyer's option; pricing negotiable.

121 Luzon Avenue - Detached photo 1 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 2 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 3 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 4 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 5 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 6 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 7 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 8 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 9 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 10 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 11 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 12 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 13 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 14 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 15 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 16 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 17 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 18 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 19 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 20 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 21 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 22 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 23 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 24 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 25 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 26 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 27 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 28 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 29 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 30 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 31 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 32 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 33 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 34 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 35 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 36 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 37 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 38 of 39 in Markham, Ontario
121 Luzon Avenue - Detached photo 39 of 39 in Markham, Ontario
active
1/39

$1,450,000 - 121 Luzon Avenue, Markham

Detached for Sale in Markham

103 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N12857806
Property Type
Detached
Status
active
Days on Site
103
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Listing Brokerage
BAY STREET GROUP INC.
Description

Welcome to this luxury 3,492 sq.ft. ARISTA Baywood Model in prestigious Boxgrove Village, featuring a rare 890 sq.ft. ground-floor commercial flex space-ideal for retail, office, studio, medical, or professional use. The storefront faces Copper Creek Drive with large display windows and strong exposure. Enjoy exceptional parking with an attached 2-car garage plus a 4-car driveway (up to 6 total). The main level offers a bright open-concept great room with hardwood floors, elegant wall trims, and a statement staircase with wrought-iron pickets.The upgraded chef's kitchen features granite countertops, stainless steel appliances, mosaic backsplash, a large island, and a stylish breakfast area. This level also includes 2 full bedrooms, laundry room, and a walkout to a balcony features motorized retractable screens that keep out mosquitoes and snow, allowing you to enjoy fresh air year-round while maintaining complete privacy (you can see out, but others can't see in). The upper level includes a bright media loft with a designer wood-accent wall, two generous bedrooms. The primary suite offers a custom geometric feature wall, a walk-in closet, and a luxury 5 piece ensuite with double vanities, glass shower, and deep soaker tub. A standout highlight is the expansive third-floor rooftop terrace, providing private outdoor living ideal for entertaining, dining, gardening, children's play, or creating a custom rooftop lounge. A large outdoor storage shed is included. This property follows layout: Ground Floor - 890 sq.ft. commercial unit flex space, 2-car garage (plus 4-car driveway); Main Floor - Great room, kitchen, breakfast, bedroom, study/office, laundry, balcony; Upper Floor - Media loft, 2 large bedrooms, 2 full baths (incl. primary ensuite) and Oversized private terrace with storage shed. VTB may be considered for qualified buyers on a fast closing, terms to be negotiated. Furniture package available for purchase at buyer's option; pricing negotiable.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,413.84/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,160,000Interest: $764,152
Mortgage Amount$1,160,000
Total Interest$764,152
Est. Property Tax$1,027/mo
Total Cost$1,924,152

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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

121 Luzon Avenue, Markham

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,027
Insurance (est.)-$302
Net Cash Flow+$2,471

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 $483/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 103 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.

Similar Properties Nearby

Active listings in Markham with similar features

Search
Log in
    121 Luzon Avenue, Markham | $1,450,000 | Battaglia Team