29 New Havens Way, Markham

Price: $878,000

3 bedrooms, 4 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N12988774

Great Location. Beautifully 3+1 bedroom, 4-bathroom semi-detached condo With Finished Walk-Out Bsmt situated in one of the most peaceful and family-oriented communities. This spacious home features a spacious living and dining area, Quartz counter-tops kitchen with breakfast area, W/O to balcony for BBQ, and three generously sized bedrooms upstairs with new hardwood floor. Master bedroom with 3PC Ensuite. Lots of Upgrade. Walkout Basement for potential rental income. Top-ranked school district, including Thornhill Secondary, St. Roberts Catholic High School, Westmount Collegiate, Henderson Public School (Gifted Program), and Alexander Mackenzie High School (IB Program). With public transit, green spaces, shops, and restaurants just steps away and Yonge Street, Hwy 407/404, Thornhill Community Centre, and major malls only minutes away.

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$878,000 - 29 New Havens Way, Markham

Condo for Sale in Markham

64 days on market
3Beds
4Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N12988774
Property Type
Condo
Status
active
Days on Site
64
Bedrooms
3
Bathrooms
4
Square Feet
1,400 sqft
Neighbourhood
Markham
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Great Location. Beautifully 3+1 bedroom, 4-bathroom semi-detached condo With Finished Walk-Out Bsmt situated in one of the most peaceful and family-oriented communities. This spacious home features a spacious living and dining area, Quartz counter-tops kitchen with breakfast area, W/O to balcony for BBQ, and three generously sized bedrooms upstairs with new hardwood floor. Master bedroom with 3PC Ensuite. Lots of Upgrade. Walkout Basement for potential rental income. Top-ranked school district, including Thornhill Secondary, St. Roberts Catholic High School, Westmount Collegiate, Henderson Public School (Gifted Program), and Alexander Mackenzie High School (IB Program). With public transit, green spaces, shops, and restaurants just steps away and Yonge Street, Hwy 407/404, Thornhill Community Centre, and major malls only minutes away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,504.60/mo

Includes CMHC insurance ($24,496)

$
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5%10%50%

5-yr fixed avg.

Principal: $790,200Interest: $536,682
Mortgage Amount$814,696
Total Interest$536,682
Est. Property Tax$622/mo
Total Cost$1,351,379

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 New Havens Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$622
Insurance (est.)-$183
Net Cash Flow+$1,365

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 $627/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 64 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.

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.

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 $3,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    29 New Havens Way, Markham — $878,000 | Battaglia Team