2202 Donald Cousens Parkway, Markham

Price: $985,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N12859892

Experience modern living in this stylish 1,854 sq ft 2022-built freehold townhome featuring three spacious bedrooms, a rare second-floor open flex area - perfect for kids or additional family space, 9 ft ceilings on the main floor, and numerous premium upgrades including premium BOSCH gas stove, built-in BOSCH microwave/oven combo, elegant hardwood flooring for main floor, upgraded iron picket stair railings, and a private interlocked backyard. Enjoy clear northeast views overlooking a protected greenbelt and an unbeatable location just minutes to the VIVA Bus Terminal with GO routes, Walmart, community center and library, Markham Stouffville Hospital, Cornell Community Park, and Hwy 407-offering exceptional convenience and a beautifully designed space perfect for modern family living.

2202 Donald Cousens Parkway - Townhouse photo 1 of 19 in Markham, Ontario
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active
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$985,000 - 2202 Donald Cousens Parkway, Markham

Townhouse for Sale in Markham

99 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N12859892
Property Type
Townhouse
Status
active
Days on Site
99
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Experience modern living in this stylish 1,854 sq ft 2022-built freehold townhome featuring three spacious bedrooms, a rare second-floor open flex area - perfect for kids or additional family space, 9 ft ceilings on the main floor, and numerous premium upgrades including premium BOSCH gas stove, built-in BOSCH microwave/oven combo, elegant hardwood flooring for main floor, upgraded iron picket stair railings, and a private interlocked backyard. Enjoy clear northeast views overlooking a protected greenbelt and an unbeatable location just minutes to the VIVA Bus Terminal with GO routes, Walmart, community center and library, Markham Stouffville Hospital, Cornell Community Park, and Hwy 407-offering exceptional convenience and a beautifully designed space perfect for modern family living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,053.56/mo

Includes CMHC insurance ($27,482)

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5-yr fixed avg.

Principal: $886,500Interest: $602,087
Mortgage Amount$913,982
Total Interest$602,087
Est. Property Tax$698/mo
Total Cost$1,516,068

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

2202 Donald Cousens Parkway, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$698
Insurance (est.)-$205
Net Cash Flow+$1,827

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 $657/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 99 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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 $4,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2202 Donald Cousens Parkway, Ma… — $985,000 | Battaglia Team