$1,688,888 - 17 Coral Cove Court, Markham
Detached for Sale in Markham
- MLS Number
- N13165888
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Custom built executive residence nestled on a quiet cul-de-sac, showcasing one of the largest and most beautiful elevations on the street. Expertly crafted with top quality materials and exceptional attention to detail, this elegant 5 bedroom family home offers a functional layout, spacious principal rooms, and refined finishes throughout, perfectly suited for both comfortable family living and stylish entertaining. Step into the grand foyer with soaring ceiling height. The main floor office with open concept and a large window provides an ideal work from home setting, while the sun filled living and dining areas feature rich hardwood flooring and inviting spaces for hosting family and friends. The gourmet kitchen is beautifully appointed with a centre island, gas stove, tile flooring, and an open breakfast area with walk out to the yard, seamlessly connecting indoor and outdoor living. Overlooking the backyard, the spacious family room features hardwood flooring and a cozy gas fireplace, creating the perfect space to relax and unwind. The second level features five generously sized bedrooms designed to accommodate growing families. The primary retreat offers his & hers closets along with a 5 piece ensuite, while the four additional bedrooms feature hardwood flooring, ample closet space, and two semi ensuite bathrooms, combining both comfort and practicality. Direct garage access and convenient main floor laundry, all thoughtfully designed for everyday functionality. Situated in a highly sought after family friendly neighbourhood close to GO Station, public transit, top rated schools, hospital, community centre, parks, and Hwy 407. A rare opportunity to own a distinguished custom home in an exceptional and convenient location.
Estimate your monthly payments for this property
Estimated Payment
$7,470.52/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.
17 Coral Cove 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 $563/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 24 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 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 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.