22 Red Ash Drive, Markham

Price: $1,290,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13213194

A beautiful well maintained Minto-built *Bungalow* in the quiet Legacy community neighbourhood. Open concept main level has 9ft ceilings, custom pillars, medallion and crown mouldings. Kitchen with breakfast bar, ceramic tile backsplashes and pantry. Eat-in kitchen walk-out to a large deck with custom railings surrounded by a luscious green backyard garden and evergreen trees. Ready to use natural gas connector with a separate shut-off valve on the deck for BBQ. A Large storage shed. Huge finished recreation room with wet bar, its own bathroom and walk-in shower in the lower level for family time enjoyment. Plenty of storage space plus cold room. Direct access through the mud/laundry room to a double attached garage that has power garage door openers with remote controls. Maytag washer and dryer, all electrical light fixtures, all blinds and California shutters. Owned brand new central air conditioner, new hot water tank and 3 years old high efficiency gas furnace. Professionally installed local alarm system with 2 keypads. Steps away from Markham Green Golf Club, Forest Hill Trail, Legacy Park, YMCA child care centre. A short drive to Markham Stouffville hospital, urgent care centre, medical specialists, wellness centre, banks, Walmart, Costco, Home Depot, restaurants, coffee shops and Longo's groceries.

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$1,290,000 - 22 Red Ash Drive, Markham

Detached for Sale in Markham

Popular Listing
3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13213194
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
LANDPOWER REAL ESTATE LTD.
Description

A beautiful well maintained Minto-built *Bungalow* in the quiet Legacy community neighbourhood. Open concept main level has 9ft ceilings, custom pillars, medallion and crown mouldings. Kitchen with breakfast bar, ceramic tile backsplashes and pantry. Eat-in kitchen walk-out to a large deck with custom railings surrounded by a luscious green backyard garden and evergreen trees. Ready to use natural gas connector with a separate shut-off valve on the deck for BBQ. A Large storage shed. Huge finished recreation room with wet bar, its own bathroom and walk-in shower in the lower level for family time enjoyment. Plenty of storage space plus cold room. Direct access through the mud/laundry room to a double attached garage that has power garage door openers with remote controls. Maytag washer and dryer, all electrical light fixtures, all blinds and California shutters. Owned brand new central air conditioner, new hot water tank and 3 years old high efficiency gas furnace. Professionally installed local alarm system with 2 keypads. Steps away from Markham Green Golf Club, Forest Hill Trail, Legacy Park, YMCA child care centre. A short drive to Markham Stouffville hospital, urgent care centre, medical specialists, wellness centre, banks, Walmart, Costco, Home Depot, restaurants, coffee shops and Longo's groceries.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,706.11/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,032,000Interest: $679,832
Mortgage Amount$1,032,000
Total Interest$679,832
Est. Property Tax$914/mo
Total Cost$1,711,832

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 Red Ash Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$914
Insurance (est.)-$269
Net Cash Flow+$1,617

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 $860/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.

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.

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 $5,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    22 Red Ash Drive, Markham — $1,290,000 | Battaglia Team