$1,458,000 - 122 Longwater Chase, Markham
Detached for Sale in Markham
91 days on market- MLS Number
- N12898978
- Property Type
- Detached
- Status
- active
- Days on Site
- 91
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 KING`S QUAY REAL ESTATE INC.
Rare Architecturally Distinct Monarch-Built Executive Home in Desirable Unionville. Welcome to "The Avery Bishop," a masterfully designed residence where dramatic volume meets functional luxury. Built by the renowned Monarch Construction, this 2-storey masterpiece features a southeast-facing orientation that floods the home with natural light through massive, two-storey bay windows. The main level boasts soaring cathedral ceilings across the living, dining, and sunken family room, creating an airy, grand atmosphere rarely found in the area. A sought-after Main Floor Primary Suite features a luxurious 5-piece ensuite, offering ultimate convenience. The second level offers a versatile open-office loft that can easily be converted into a third bedroom, as well as a second bedroom with a private 4-piece walk-through bathroom. Enjoy a library and kitchen with direct walk-outs to a private deck, perfect for indoor-outdoor entertaining. The living space extends to a fully finished basement equipped with a large recreation room, two additional bedrooms, and a 3-piece bathroom-ideal for guests or an in-law suite. Step outside to a mature, fully fenced backyard featuring strategic tree placement for privacy without compromising the house's natural light. Complete with a double-car garage (6-car total parking), central vacuum, and pristine California shutters. Located in the top-ranked Markville SS catchment and close to public transportation, highways, great restaurants, shopping and beautiful green parks. A meticulously maintained, unique canvas!
Estimate your monthly payments for this property
Estimated Payment
$6,449.23/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.
122 Longwater Chase, 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 $729/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 91 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
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.
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 $6,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.