161 South Unionville Avenue, Markham

Price: $828,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13252374

Welcome To 161 South Unionville! This Bright And Spacious Freehold Townhouse Is Located In One Of Markham's Most Desirable Family-Friendly Communities And Top-Ranked School Zones, Including Markville Secondary School And Unionville Meadows Public School. Freshly Painted And Beautifully Maintained, This Home Features Hardwood Flooring Throughout, Pot Lights Throughout, An Open-Concept Layout, And Generously Sized Principal Rooms Filled With Natural Light. The Partially Finished Basement Offers A Spacious Recreation Room, Providing The Perfect Space For Family Gatherings, Entertainment, A Home Gym, Or Additional Living Area.Unbeatable Location Within Walking Distance To Markville Secondary School, T&T Supermarket, Foody Mart, Markville Shopping Centre, Pan Am Centre, South Unionville Pond, Milne Dam Conservation Park, GO Transit, Parks, Restaurants, And Everyday Amenities. An Exceptional Opportunity To Own A Freehold Townhome In One Of Markham's Most Convenient And Sought-After Neighbourhoods.

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New Listing
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$828,000 - 161 South Unionville Avenue, Markham

Townhouse for Sale in Markham

New — Listed 5 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13252374
Property Type
Townhouse
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome To 161 South Unionville! This Bright And Spacious Freehold Townhouse Is Located In One Of Markham's Most Desirable Family-Friendly Communities And Top-Ranked School Zones, Including Markville Secondary School And Unionville Meadows Public School. Freshly Painted And Beautifully Maintained, This Home Features Hardwood Flooring Throughout, Pot Lights Throughout, An Open-Concept Layout, And Generously Sized Principal Rooms Filled With Natural Light. The Partially Finished Basement Offers A Spacious Recreation Room, Providing The Perfect Space For Family Gatherings, Entertainment, A Home Gym, Or Additional Living Area.Unbeatable Location Within Walking Distance To Markville Secondary School, T&T Supermarket, Foody Mart, Markville Shopping Centre, Pan Am Centre, South Unionville Pond, Milne Dam Conservation Park, GO Transit, Parks, Restaurants, And Everyday Amenities. An Exceptional Opportunity To Own A Freehold Townhome In One Of Markham's Most Convenient And Sought-After Neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,248.07/mo

Includes CMHC insurance ($23,101)

$
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5%10%50%

5-yr fixed avg.

Principal: $745,200Interest: $506,120
Mortgage Amount$768,301
Total Interest$506,120
Est. Property Tax$587/mo
Total Cost$1,274,421

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

161 South Unionville Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$587
Insurance (est.)-$173
Net Cash Flow+$1,790

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 $753/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.

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 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 $3,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    161 South Unionville Avenue, Ma… — $828,000 | Battaglia Team