$1,138,000 - 132 Mumbai Drive, Markham
Townhouse for Sale in Markham
104 days on market- MLS Number
- N12773432
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- ENGEL & VOLKERS TORONTO CITY
End unit with a Feng Shui-friendly driveway orientation that is not directly aligned with the street. Step into a brand new freehold townhome by the Remington Group, newly completed and thoughtfully designed in one of Markham's most welcoming, family-oriented communities. From the moment you enter, the home feels bright and open. Nine-foot ceilings on both the main and second floors create an easy sense of space, while hardwood floors on the main level add warmth and a clean, polished finish. The layout is practical and intuitive, designed for everyday life to flow comfortably. The kitchen is modern and functional, finished with granite countertops and ample cabinetry, making it a space that works just as well for busy mornings as it does for casual dinners and weekend hosting. Upstairs, the bedrooms are filled with beautiful natural light, creating spaces that feel cheerful, calm, and easy to settle into. The primary bedroom offers a quiet retreat, complete with a private ensuite, walk in closet and a freestanding tub, perfect for unwinding at the end of the day. The finished basement with a 3-piece bathroom adds flexible living space, ideal for guests, a home office, or family movie nights. Beyond the home itself, the neighbourhood truly stands out. This is a friendly, family-focused community, where schools, parks, trails, and everyday amenities are close by. Just steps away are the Aaniin Community Centre, transit options, major highways, and nature trails, making daily routines feel easy and connected. A never lived in home, offering light-filled living, modern comfort, and a community that feels genuinely good and safe to come home to.
Estimate your monthly payments for this property
Estimated Payment
$5,033.76/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.
132 Mumbai 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 $759/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 104 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.
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.
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 $4,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.