$1,188,000 - 2 Valleycrest Avenue, Markham
Detached for Sale in Markham
80 days on market- MLS Number
- N12930502
- Property Type
- Detached
- Status
- active
- Days on Site
- 80
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 2 Valleycrest Avenue-an exceptional opportunity in Markham's most established and family-focused communities. Set on a premium 60 x 110 ft lot, this classic side-split design offers space, flexibility, and long-term potential in a location that continues to be in high demand. Thoughtfully designed for multi-generational living or income potential, the home features 3+2 bedrooms and a separate entrance to the main and lower levels-ideal for those looking to generate rental income or operate a professional home-based business. The lower level is fully equipped with its own kitchen and 3-piece bathroom, creating a private and functional living space. Inside, you'll find a layout that stands the test of time-offering defined yet spacious principal rooms and a level of flexibility that modern homes often lack. It's a home with character, ready to be enjoyed as-is or elevated to match your vision. Location is everything-and this one delivers. You're surrounded by top-rated schools(Roy Crosby P.S. and Markville Secondary School, Father Micheal McGivney), parks, and scenic trails, with nature just moments away. You will love the conveniences of Markville Mall, Foody Mart Supermarket just steps from your door, along with dining, shopping, and everyday essentials. With easy access to major transit routes including Highway 7, 407, and 404, commuting across the GTA is seamless. Whether you're an investor, end-user, or a family looking for a home that adapts to your lifestyle, 2 Valleycrest Avenue offers a rare combination of lot size, location, and versatility in the heart of Markham.
Estimate your monthly payments for this property
Estimated Payment
$5,254.92/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.
2 Valleycrest Avenue, 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 $792/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 80 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 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 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 $4,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.