$1,198,000 - 16 Chase Court, Markham
Detached for Sale in Markham
- MLS Number
- N13153248
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- BAY STREET GROUP INC.
Location! Location!! Location!!! Discover An Incredible Opportunity In The Highly Sought-After Milliken Mills Community! Situated On A Quiet Dead-End Court With No Sidewalk, This Beautifully Maintained Link Home Offers Rare Parking For Up To 6 Cars, A Double Garage, And Approximately 1,725 Sq.Ft. Of Above-Ground Living Space Plus A Finished Basement. The Spacious And Functional Layout Features 3 Generous Bedrooms And 2 Updated Bathrooms On The Upper Level, Including A Bright Primary Bedroom With Two Closets And A 3-Piece Ensuite. Enjoy A Well-Maintained Interior Enhanced By A Beautiful Skylight, Comfortable Living Areas, And A Finished Basement Providing Excellent Additional Space For Family Living, Recreation, Or Home Office Use. Prime Location With Quick Access To Hwy 407/404, Milliken GO Station, Transit On Brimley & Steeles, Pacific Mall, Parks, Major Amenities, And Top-Rated Schools Including Milliken Mills High School. Don't Miss This Exceptional Home In A Convenient And Family-Friendly Neighbourhood! **Recent Updates Include: Primary Bedroom Ensuite (2021), Upper Main Bathroom (2023), Air Conditioner (2023), Roof & Skylight (2024), Driveway Sealed (2024), Fridge/Stove/Rangehood/Washer (2024), Water Heater (2024)
Estimate your monthly payments for this property
Estimated Payment
$5,299.16/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.
16 Chase 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
Competitive Pricing
At $799/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.
Market Position
At 26 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.
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 $4,992 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.