$1,780,000 - 4 McPhail Court, Markham
Detached for Sale in Markham
New — Listed 3 days ago- MLS Number
- N13247438
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Location, Location, Location! Nestled in a tranquil oasis neighborhood in the heart of Markham, this charming 4+1 bedroom detached home sits on a rare 54x120-foot lot backs onto a peaceful ravine. Surrounded by lush greenery, the home offers a serene, forested backdrop, creating a private retreat full of natural beauty. The main floor boasts a functional layout with a graceful circular staircase, complemented by park-like landscaped gardens with underground irrigation and an interlocking patio, seamlessly accessible from both the breakfast and family rooms. The extra-large living room features new LED lights and is bathed in natural light from a picture window overlooking the south facing front yard, seamlessly connecting to the formal dining room. The heart of the home is the family kitchen, which includes a spacious sun-filled breakfast area framed by large picturesque windows that showcase breathtaking ravine views. With easy access to the backyard, the family room also boasts a modernized fireplace and upgraded built-in cabinets, creating a warm, inviting space for gatherings. The second floor offers four generously sized bedrooms with ample built-in storage. The serene primary suite includes a 4-piece ensuite and a walk- in closet. The finished basement adds even more living space, featuring an open-concept recreation room, an extra bedroom, a four-piece bath, and an exercise area (which could be converted into another bedroom at the buyer's own cost). The professionally landscaped backyard, backing directly onto the ravine, is a true havena peaceful escape where the natural beauty of the forest blends with the warmth and comfort of this inviting home. Within walking distance to First Markham Place, shopping plazas, restaurants, and public transit, this home offers the perfect balance of serenity and convenience.
Estimate your monthly payments for this property
Estimated Payment
$7,873.54/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.
4 McPhail Court, 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
Fair Market Value
At $890/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 $7,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.