29 Glenbourne Park Drive, Markham

Price: $3,280,000

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N12970166

Set in a premier neighborhood, this meticulously kept bungalow delivers generous living space and a highly functional 4+2 bedroom layout. The main floor boasts a bright living room with a large picture window and pot lights, a formal dining area overlooking the backyard, and a modern kitchen complete with backsplash, stainless steel appliances, and a breakfast area with walk out to the backyard. Hardwood flooring runs throughout the main level, creating a warm and cohesive living environment. The main floor also offers four well proportioned bedrooms, including a primary bedroom with a 4 piece ensuite and closet. Additional bedrooms feature hardwood flooring and closets, with two overlooking the backyard. One of the bedrooms also offers its own 3 piece ensuite for added convenience and privacy. The finished walkout basement provides excellent additional living space, featuring a recreation room anchored by a cozy fireplace. With two additional bedrooms, and flexible storage space, this level is perfectly suited for a private guest wing, professional home office, or multi-generational living. Ideally located close to major highways, community centre, golf courses, and a variety of shops and amenities. Situated within a top ranked school district. A great opportunity for families or investors looking for space, flexibility, and long term value.

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$3,280,000 - 29 Glenbourne Park Drive, Markham

Detached for Sale in Markham

69 days on market
6Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N12970166
Property Type
Detached
Status
active
Days on Site
69
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Description

Set in a premier neighborhood, this meticulously kept bungalow delivers generous living space and a highly functional 4+2 bedroom layout. The main floor boasts a bright living room with a large picture window and pot lights, a formal dining area overlooking the backyard, and a modern kitchen complete with backsplash, stainless steel appliances, and a breakfast area with walk out to the backyard. Hardwood flooring runs throughout the main level, creating a warm and cohesive living environment. The main floor also offers four well proportioned bedrooms, including a primary bedroom with a 4 piece ensuite and closet. Additional bedrooms feature hardwood flooring and closets, with two overlooking the backyard. One of the bedrooms also offers its own 3 piece ensuite for added convenience and privacy. The finished walkout basement provides excellent additional living space, featuring a recreation room anchored by a cozy fireplace. With two additional bedrooms, and flexible storage space, this level is perfectly suited for a private guest wing, professional home office, or multi-generational living. Ideally located close to major highways, community centre, golf courses, and a variety of shops and amenities. Situated within a top ranked school district. A great opportunity for families or investors looking for space, flexibility, and long term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,508.55/mo

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5-yr fixed avg.

Principal: $2,624,000Interest: $1,728,564
Mortgage Amount$2,624,000
Total Interest$1,728,564
Est. Property Tax$2,323/mo
Total Cost$4,352,564

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

29 Glenbourne Park Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$2,323
Insurance (est.)-$683
Net Cash Flow+$994

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

Premium Pricing

At $2187/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 69 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.

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 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 $13,667 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    29 Glenbourne Park Drive, Mar… — $3,280,000 | Battaglia Team