$1,758,000 - 31 Cavalry Trail, Markham
Detached for Sale in Markham
53 days on market- MLS Number
- N13038948
- Property Type
- Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- BAY STREET GROUP INC.
Location! Location! Location! This is a detached house with a double garage that underwent a comprehensive renovation last year, situated in the highly sought-after Markham community. The house features an open-concept layout, offering spacious and well-lit rooms. There are a total of four bedrooms located on the second floor, along with a basement apartment with a separate entrance. The property is equipped with chandeliers, 2 year old flooring, staircases, a modern kitchen, and contemporary bathrooms. The wooden staircase with iron railings adds a touch of luxury. Entering through the double garage leads to the basement/laundry room, which further connects to the backyard. There is a wooden patio and a stone driveway. There is no sidewalk, and four cars can be parked on the townhouse driveway. It is just a few minutes' drive from top-tier schools, including St. Justin Martyr School, Buttonville Public School, Unionville High School, and St. Augustine High School. Minutes To Top Ranked Schools - St Justin Martyr, Buttonville Elementary Schools, Unionville High, St Augustine High. Walk To T&T supermarket, King Sq Mall. Minutes To 404/407. , Costco, First Markham Place, Restaurants, Shopping, Public Transportation, Trails And Much More . EV Power outlet in Garage.
Estimate your monthly payments for this property
Estimated Payment
$7,776.23/mo
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.
31 Cavalry Trail, 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 $703/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 53 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 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 $7,325 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.