$1,480,000 - 127 Senator Reesor Drive, Markham
Detached for Sale in Markham
47 days on market- MLS Number
- N13060122
- Property Type
- Detached
- Status
- active
- Days on Site
- 47
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX PROHOME REALTY
Meticulously Maintained Family Home With Beautiful Curb Appeal, Set On A Professionally Landscaped Lot With Stunning Front & Backyard Gardens In Sought-After Sherwood-Amberglen! Spacious & Sun-Filled Layout Featuring Living & Dining Room With Hardwood Floors, Crown Moulding, Bay Window & Skylight. Updated Gourmet Kitchen With Custom Countertops, S/S Appliances, Undercabinet Lighting, Custom Cabinetry & Bay Window. Designer-Inspired Family Room With Stone Fireplace & Beamed Ceiling. Sun-Soaked Great Room With 3 Skylights, Vaulted Ceiling, Hardwood Floors & Walk-Out To Deck. Primary Bedroom Retreat With Ample Closet Space, Dressing Area & Spa-Like 3Pc Ensuite. Finished Basement With Slate Tile Floor, Custom Entertainment Unit & Plenty Of Storage. Epoxy Garage Floor Adds A Clean & Functional Touch. Private Backyard Oasis With Maintenance-Free Trex Composite Deck, Pergola, New East-Side Fence, Premium Emerald Cedars & Beautiful Landscaping. New Air Conditioning Heat Pump 2024. Prime Location Close To Historic Main Street Markham, Markham Stouffville Hospital, Hwy 407, Library, Parks, Walking Trails, Schools, Shops, Restaurants & All Amenities. 4-Bedroom Home Converted To 3 Bedrooms & Can Be Easily Converted Back.
Estimate your monthly payments for this property
Estimated Payment
$6,546.54/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.
127 Senator Reesor Drive, 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 $740/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 47 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.
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 $6,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.