22 Lundy Drive, Markham

Price: $1,228,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13095782

RARE! 6 Bedrooms! Exceptional detached home in the heart of Box Grove featuring a fully finished basement and spacious, versatile layout ideal for large or multi-generational families, home office needs, and hosting friends & family. Open-concept design with 4 generous bedrooms on the 2nd floor plus 2 additional bedrooms in the basement. Upgraded kitchen with quartz countertops, modern cabinetry, breakfast bar, butler's pantry, and breakfast area with walk-out to patio & gazebo. Family room with gas fireplace & pot lights. Large primary bedroom with 5pc ensuite & walk-in closet. Entire home features no carpet flooring for a clean, modern, move-in-ready lifestyle.

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$1,228,000 - 22 Lundy Drive, Markham

Detached for Sale in Markham

41 days on market
6Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13095782
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
EVERLAND REALTY INC.
Description

RARE! 6 Bedrooms! Exceptional detached home in the heart of Box Grove featuring a fully finished basement and spacious, versatile layout ideal for large or multi-generational families, home office needs, and hosting friends & family. Open-concept design with 4 generous bedrooms on the 2nd floor plus 2 additional bedrooms in the basement. Upgraded kitchen with quartz countertops, modern cabinetry, breakfast bar, butler's pantry, and breakfast area with walk-out to patio & gazebo. Family room with gas fireplace & pot lights. Large primary bedroom with 5pc ensuite & walk-in closet. Entire home features no carpet flooring for a clean, modern, move-in-ready lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,431.86/mo

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5%20%50%

5-yr fixed avg.

Principal: $982,400Interest: $647,157
Mortgage Amount$982,400
Total Interest$647,157
Est. Property Tax$870/mo
Total Cost$1,629,557

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

22 Lundy Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$870
Insurance (est.)-$256
Net Cash Flow+$2,974

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 $614/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 41 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.

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 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.

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 $5,117 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    22 Lundy Drive, Markham | $1,228,000 | Battaglia Team