$1,488,000 - 31 Henderson Avenue, Markham
Detached for Sale in Markham
- MLS Number
- N13145394
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- PAUL ZAMMIT REAL ESTATE LTD.
Newly Renovated Spacious 3+3 Bedroom Family Home Featuring 3 Kitchens And A Beautiful Open-Concept Main Floor. Professionally Designed Modern Kitchen With Quality Finishes, New Hardwood Flooring On Main Level, And Bright Functional Living Space Perfect For Families. Main Floor Laundry for convenience. Finished Basement Includes Two Separate In-Law Suites With Private Entrances: A 2-Bedroom Suite With Full Kitchen And Laundry, Plus A Bachelor Suite With Kitchenette And Washer Machine. Basement Features Laminate Flooring And Updated Bathroom. Beautiful Backyard Deck With Walk-Out Access From Main Floor. Located In A Fantastic Family-Friendly Neighborhood Within Walking Distance To Henderson Public School, One Of Ontario's Top-Ranked Schools. Single Car Garage Plus Driveway Parking For Up To 4 Additional Vehicles. *Some photos are virtually staged* OPEN HOUSE SATURDAY 2-4 P.M.**
Estimate your monthly payments for this property
Estimated Payment
$6,581.93/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 Henderson Avenue, Markham
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1353/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.
Market Position
At 27 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.
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 $6,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.