2 Chimenti Court, Markham

Price: $2,280,000

6 bedrooms, 6 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N12568634

Large lots in the heart of Unionville usually come with older homes - until now. This rare find offers the best of both worlds: a huge lot paired with a younger home!Located at the very best spot in Unionville (Hwy 7 & Warden), this property features a 65 wide lot, one of the largest on the street. Built in 2005, it offers over 4,400 sq. ft. of living space with soaring 10' ceilings and a breathtaking 20' vaulted family room. Hardwood floors run throughout, adding timeless elegance.Set on a quiet dead-end corner lot, the home strikes the perfect balance of tranquility and convenience. Walk distance to Unionville High School, restaurants, and shops.

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$2,280,000 - 2 Chimenti Court, Markham

Detached for Sale in Markham

137 days on market
6Beds
6Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N12568634
Property Type
Detached
Status
active
Days on Site
137
Bedrooms
6
Bathrooms
6
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Lot Size
7,534 sqft
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Large lots in the heart of Unionville usually come with older homes - until now. This rare find offers the best of both worlds: a huge lot paired with a younger home!Located at the very best spot in Unionville (Hwy 7 & Warden), this property features a 65 wide lot, one of the largest on the street. Built in 2005, it offers over 4,400 sq. ft. of living space with soaring 10' ceilings and a breathtaking 20' vaulted family room. Hardwood floors run throughout, adding timeless elegance.Set on a quiet dead-end corner lot, the home strikes the perfect balance of tranquility and convenience. Walk distance to Unionville High School, restaurants, and shops.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,085.21/mo

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5-yr fixed avg.

Principal: $1,824,000Interest: $1,201,563
Mortgage Amount$1,824,000
Total Interest$1,201,563
Est. Property Tax$1,615/mo
Total Cost$3,025,563

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

2 Chimenti Court, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,615
Insurance (est.)-$475
Net Cash Flow+$2,260

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

Fair Market Value

At $912/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 137 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 6 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 $9,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2 Chimenti Court, Markham — $2,280,000 | Battaglia Team