$1,899,000 - 16 Queensgate Court, Markham
Detached for Sale in Markham
94 days on market- MLS Number
- N12883092
- Property Type
- Detached
- Status
- active
- Days on Site
- 94
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 8,062 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Experience sophisticated living in this stunning detached home located in the prestigious Unionville-Buttonville community-renowned for its top-ranking schools, upscale amenities, and vibrant neighbourhood atmosphere. Situated on a rare premium pie-shaped lot (152.08 ft as per GeoWarehouse), this property offers exceptional privacy and expansive outdoor space, perfect for elegant entertaining and family enjoyment. Step inside to a beautifully updated interior featuring a designer contemporary kitchen with luxurious quartz countertops and pristine stainless-steel appliances. California shutters throughout, combined with skylights, pot lights, and smooth ceilings, fill the home with natural light while enhancing its refined, modern aesthetic. A fully owned solar panel system generates an impressive income stream through the Hydro network-offering both sustainability and added investment value. The walk-out lower level showcases a fully self-contained living suite with a full kitchen, two spacious bedrooms each with private 3-piece ensuites, and a separate laundry area-ideal for extended family, guests, or private accommodations. A rare offering that seamlessly blends luxury, functionality, and long-term value in one of the area's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/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 Queensgate 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 $760/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 94 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.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 6 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 $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.