$939,000 - 223 Webb Street, Markham
New Construction for Sale in Markham
- MLS Number
- N13165434
- Property Type
- New Construction
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome To This Beautiful 3-Year-New Freehold Townhouse In The Highly Sought-After Cornell Rouge Community By Madison Group, Ideally Facing The Charming Wilmot Parkette With A Beautiful Open Park View From All 3 Levels! This Bright And Stylish Home Offers 1847sf (MPAC) Above Ground Living Space, Functional Open-Concept Layout With 9-Ft Ceilings, Large Windows Bringing In Abundant Natural Light, 3 Spacious Bedrooms And 4 Bathrooms, Including 2 Ensuites - A Rare And Valuable Feature For Modern Family Living! The Upgraded Kitchen Features Quartz Countertops And High-End Appliances, Complemented By Hardwood Flooring And Staircase Throughout The Main Living Areas. The Spacious Unfinished Basement Featuring Above Ground Window, Plumbing Rough-in, HRV Fresh Air system and 200AMPs Electrical, Providing Excellent Potential For Future Recreation Space, Home Office, Gym, Or Additional Living Area. Conveniently Located Close To Highly Ranked Schools Including Black Walnut P.S. And Bill Hogarth S.S., Community Centres, Shopping, Restaurants, Parks, Markham GO Station, Highway 7 And Highway 407. A Fantastic Opportunity In One Of Markham's Most Desirable Family-Friendly Communities! Do Not Miss!
Estimate your monthly payments for this property
Estimated Payment
$4,817.56/mo
Includes CMHC insurance ($26,198)
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.
223 Webb Street, 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 $626/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 22 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.
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 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 $3,913 (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.