$1,438,800 - 4 Townley Avenue, Markham
Detached for Sale in Markham
- MLS Number
- N13147370
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
The Fantastic Opportunity For Families & Investors Alike not to Miss - This Spacious Family Home Offers Excellent Income Potential! The Finished Basement Features A Separate Entrance, Complete with A Kitchen, Two Bedrooms and A 3-piece Washroom. The Bright and Spacious Main Floor Showcases Hardwood Flooring Throughout and A Welcoming Foyer with Soaring Cathedral Ceilings, Creating An Elegant First Impression. Enjoy A Large Formal Living and Dining Area, A Spacious Den/Office, A Convenient 2-Piece Powder Room, and A Separate Family Room with A Breakfast Area. Ample Storage Space and A Walkout to A Fully Fenced Backyard with An Interlocked Deck Area Make It Perfect for Outdoor Entertaining.The Second Floor Offers Plenty of Room for The Whole Family, Featuring A Generous Primary Bedroom with An Ensuite Bathroom, Along with Three Additional Bedrooms and A 4-piece Bathroom. Recent Updates Include Windows and Roof (2021). The Property Also Boasts A Fully Interlocked Oversized Driveway. Don't Miss the Inclusive: The Home Theatre System worth $15,000. EV Charger installed on Garage, Central Vacuum System and Upgraded with Tankless Water Heater. Ideally located just steps to top-tier schools, premium amenities, and major transit routes, including Highway 407.
Estimate your monthly payments for this property
Estimated Payment
$6,364.30/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 Townley 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
Competitive Pricing
At $576/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.
Market Position
At 30 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 $5,995 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.