$899,000 - 125 Yale Lane, Markham
Townhouse for Sale in Markham
53 days on market- MLS Number
- N13039804
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 53
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
Rare double garage townhome in Markham offering exceptional space and over $200K in recent upgrades and renovations. Thoughtfully redesigned with an expanded open-concept kitchen featuring quartz countertops and a sleek, easy-to-clean glass backsplash, perfect for both everyday living and entertaining. Equipped with premium stainless steel stove, fridge, and dishwasher (less than 1 year old and still under warranty), along with a top-of-the-line LG all-in-one washer/dryer for added convenience. Major updates include a new owned hot water tank (2025) and air conditioner (2024). The newly renovated basement showcases premium craftsmanship with a stylish wet bar and a luxurious spa-inspired bathroom with heated flooring. Step outside to a beautifully landscaped backyard with premium interlock, a large shed, and a versatile pergola with adjustable, rainproof coverage-ideal for outdoor enjoyment. The detached double garage features a secondary rear door providing direct access to the backyard and is EV charging ready, offering added flexibility for storage, recreation, and future-forward convenience. Conveniently located just 5 minutes drive via Bur Oak to Mount Joy GO Station, with easy access to supermarkets, big box stores, and everyday amenities. Owner-occupied and meticulously maintained, this home reflects true pride of ownership.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
125 Yale Lane, 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 $599/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 53 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.
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.
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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.