$1,699,000 - 41 Lord Durham Road, Markham
Townhouse for Sale in Markham
108 days on market- MLS Number
- N12818168
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 108
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- REAL LAND REALTY INC.
Rarely Offered Luxurious Freehold Townhome W/Private Elevator In Heart Of Downtown Markham. Intelligently Laid Out With 3645 Square Feet, 10' Smooth Ceiling With Pot Lights In Living/Dining Rm, 9' Smooth Ceiling With Pot Lights In Kitchen/Breakfast. Built In 2014, This Sun-filled Home Features 5 Bedrooms, 4 Baths, Heated Floor In Breakfast, 3 Terraces Including Huge Roof Top Terrace. The Terrace Walk Out From The Breakfast Can Be Extended to A Perfect Sitting Area For Summer Entertaining & BBQ With Family And Friends. Primary Bedroom With Oversized Marble 6 Pc Ensuite, Spacious Walk-In Closet And Electric Fireplace. 9' Ceiling Finished Bsmt With Separate Walkout Entrance, Offers The Potential To Create A Separate Unit, Ideal As A Guest Suite Or A Comfortable Living Space For In-laws or Rented Out Separately For Additional Income. Well-Maintained with Fresh Paint Throughout and New Quartz Countertop In 2 Baths On Second Floor. Top Ranked School Unionville HS & St. Augustine CHS. Mins To Transit, Go Station, Hwy 7 & 407, York University, Supermarkets, Restaurants, Sports And Entertainment, YMCA, Parks & More.
Estimate your monthly payments for this property
Estimated Payment
$7,515.25/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 Lord Durham 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 $485/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.
Negotiation Opportunity
At 108 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.