26 Roy Grove Way Unit 50, Markham

Price: $928,000

5 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: N13088650

Rarely Offered 4 Bed Rooms Well Maintained Townhouse In High Demand Greensborough Community.Located Right Beside Wilson RD Park And Swan Lake. 9' Ceiling, Open Concept. This End Unit Has Windows On Three Sides, So It Gets Plenty Sunshine Every Day. In Addition To 4 Bedrooms On Second Floor, Basement Has Second Kitchen And A Large Bedroom. This Is the Right Home For All Sizes Of Family. Low Maintance Fee , Only $178.72/ M, Covers Garbage Collection and Snow Removeal In Common Area. Walking Distance To GO Station, Bus Stop, Shops, Schools, And Community Center.

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$928,000 - 26 Roy Grove Way Unit 50, Markham

Condo for Sale in Markham

38 days on market
5Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
N13088650
Property Type
Condo
Status
active
Days on Site
38
Bedrooms
5
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Markham
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Rarely Offered 4 Bed Rooms Well Maintained Townhouse In High Demand Greensborough Community.Located Right Beside Wilson RD Park And Swan Lake. 9' Ceiling, Open Concept. This End Unit Has Windows On Three Sides, So It Gets Plenty Sunshine Every Day. In Addition To 4 Bedrooms On Second Floor, Basement Has Second Kitchen And A Large Bedroom. This Is the Right Home For All Sizes Of Family. Low Maintance Fee , Only $178.72/ M, Covers Garbage Collection and Snow Removeal In Common Area. Walking Distance To GO Station, Bus Stop, Shops, Schools, And Community Center.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,761.12/mo

Includes CMHC insurance ($25,891)

$
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5%10%50%

5-yr fixed avg.

Principal: $835,200Interest: $567,245
Mortgage Amount$861,091
Total Interest$567,245
Est. Property Tax$657/mo
Total Cost$1,428,336

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

26 Roy Grove Way Unit 50, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$1,170
Property Tax (est.)-$657
Insurance (est.)-$193
Net Cash Flow+$2,180

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 $516/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 38 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 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 $3,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    26 Roy Grove Way Unit 50, Markh… — $928,000 | Battaglia Team