$999,800 - 128 Cottonwood Court, Markham
Semi-Detached for Sale in Markham
- MLS Number
- N13181762
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Fabulous Ravine Views in Prestigious Bayview Fairways! Welcome to this beautifully maintained 3-bedroom, 2-bathroom Free semi-detached home, ideally situated on a quiet, tree-lined cul-de-sac in one of the area's most sought-after communities. Backing directly onto lush green space with no rear neighbours, this home offers exceptional privacy and breathtaking unobstructed ravine views - a rare opportunity in a prime Thornhill location. The bright and spacious main level features soaring 10-foot ceilings in the living and dining area, hardwood flooring throughout, oversized windows, and an open-concept layout perfect for everyday living and entertaining. The updated eat-in kitchen offers ample cabinetry and storage, with a walkout to a large deck overlooking the serene greenery, creating a seamless indoor-outdoor lifestyle. Upstairs features generously sized bedrooms, including an oversized primary retreat complete with a walk-in closet. Freshly painted throughout and move-in ready. The finished walk-out basement adds valuable living space with excellent potential for a recreation room, home office, gym, or in-law suite. Located within top-ranking school districts including Bayview Fairways Public School, St. Robert Catholic High School, and Thornlea Secondary School. Steps to parks, ravine trails, golf courses, transit, shopping, and everyday amenities. Convenient access to Hwy 404, 407, Hwy 7, and YRT transit to Finch Station. Rarely offered ravine-side living combining privacy, nature, convenience, and top-tier schools - an exceptional opportunity for families and end-users alike.
Estimate your monthly payments for this property
Estimated Payment
$5,129.49/mo
Includes CMHC insurance ($27,894)
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.
128 Cottonwood Court, 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
Fair Market Value
At $909/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.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,166 (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.