142 Leitchcroft Crescent, Markham

Price: $1,150,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N13426906

Rarely offered double car garage semi-detached home in the prestigious Commerce Valley community! This spacious 3 bedroom, 4 bathroom residence features a functional layout ideal for growing families. Bright and inviting living and dining areas are enhanced by large windows that fill the home with abundant natural light. The family sized kitchen offers ample cabinetry, generous counter space, and a breakfast area overlooking the backyard.The spacious primary bedroom includes a 4-piece ensuite and a large closet. The well-proportioned second bedroom enjoys convenient semi-ensuite access, while the third bedroom offers comfortable living space for family members or guests. The finished lower level walkout to the backyard and an additional bathroom, providing versatile living space ideal for a recreation room, home office or gym.Located within the boundaries of top ranking schools, including St. Robert Catholic High School and Thornlea Secondary School. Minutes to Highways 404 & 407, Langstaff GO Station, Richmond Hill Centre Terminal, restaurants and parks.

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New Listing
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$1,150,000 - 142 Leitchcroft Crescent, Markham

Semi-Detached for Sale in Markham

New — Listed 3 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N13426906
Property Type
Semi-Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HOMELIFE BROADWAY REALTY INC.
Description

Rarely offered double car garage semi-detached home in the prestigious Commerce Valley community! This spacious 3 bedroom, 4 bathroom residence features a functional layout ideal for growing families. Bright and inviting living and dining areas are enhanced by large windows that fill the home with abundant natural light. The family sized kitchen offers ample cabinetry, generous counter space, and a breakfast area overlooking the backyard.The spacious primary bedroom includes a 4-piece ensuite and a large closet. The well-proportioned second bedroom enjoys convenient semi-ensuite access, while the third bedroom offers comfortable living space for family members or guests. The finished lower level walkout to the backyard and an additional bathroom, providing versatile living space ideal for a recreation room, home office or gym.Located within the boundaries of top ranking schools, including St. Robert Catholic High School and Thornlea Secondary School. Minutes to Highways 404 & 407, Langstaff GO Station, Richmond Hill Centre Terminal, restaurants and parks.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

142 Leitchcroft Crescent, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,745

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $767/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    142 Leitchcroft Crescent, Mar… — $1,150,000 | Battaglia Team