$999,000 - 4 Rougecrest Drive, Markham
Single Family Home for Sale in Markham
103 days on market- MLS Number
- N12848432
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 103
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to 4 Rougecrest Drive - A Fantastic Opportunity in Markham's highly coveted Markham Village Community ! Situated on a premium 65' front and 163' deep lot on a quiet, family-friendly street, this well-priced 3+1 bedroom home offers the perfect blend of charm and convenience. Whether you choose to renovate to suit your personal style, or build your dream home, this property offers exceptional potential for a wide range of buyers. Inside, you'll find a bright and functional layout with spacious living and dining areas and a huge loft style family room featuring vaulted ceiling & tall windows overlooking the beautiful back yard. This second floor room could also function as a bedroom, office or studio. The separate entrance into the full basement offers a large recreation room and bedroom, perfect for constructing an in-law suite. Located in highly desirable Markham Village, you're just minutes away from schools, parks, public transit, the GO Station, Cornell Community Centre, Markville Mall, Markham-Stouffville Hospital & Hwy 407. Stroll over to Main Street Markham and explore a lively mix of local favourites like Starbucks, Love Gelato, Folco's, The Duchess of Markham, and more - plus year-round festivals and a seasonal farmers' market that make this area truly special. Don't miss out on this opportunity to own a home in one of Markham's most sought-after neighborhoods!
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Rougecrest Drive, 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
Fair Market Value
At $908/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.
Negotiation Opportunity
At 103 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.