$1,150,000 - 41 Guinevere Road, Markham
Detached for Sale in Markham
- MLS Number
- N13155832
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome to 41 Guinevere Rd, a rare opportunity in the highly sought after Cedarwood community at Markham and Steeles. For the very first time since it was built, this beautifully maintained detached home is coming to market. One owner, one family, decades of pride of ownership, and it shows the moment you walk through the door. Offering over 2,000 sq ft of above grade living space, the home has been freshly painted and features hardwood flooring throughout the main and upper levels. The large wrap around kitchen is the true heart of the home, with a sunny window over the sink, generous counter and cabinet space, and a breakfast bar perfect for morning coffee or homework hour. Upstairs offers 4 generous bedrooms, including a primary retreat with a double door walk in closet and a 5 piece ensuite featuring a double sink vanity. The second upper bathroom also offers a 4 piece layout with double sinks, so busy mornings flow without the usual traffic jam.The fully finished basement adds incredible flexibility with its own kitchen, bedroom, and full bathroom with shower. Ideal for extended family, or an in-law suite. Step outside to a backyard that feels like a private orchard, with mature apple and pear trees the original owners planted and nurtured over the years, plus a storage shed. The interlocked driveway fits 3 cars and combined with the garage offers 4 total parking spaces. The tankless water heater is owned, so no monthly rental fees. Location is everything here. Less than a 10 minute walk to TTC, No Frills, Costco, Walmart, major banks, Asian supermarkets, restaurants, medical offices, and the highly rated Cedarwood Public School. A quick 5 to 8 minute drive to Hwy 7 and the 407, libraries, recreation centre, and hospital. Minutes from Rouge National Urban Park and its trail system.Lovingly cared for by its original owners and finished top to bottom. Homes like this rarely come available in Cedarwood. Book your private showing today.
Estimate your monthly payments for this property
Estimated Payment
$5,086.84/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.
41 Guinevere Road, 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 $575/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 25 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 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 $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.