41 Manorwood Drive, Markham

Price: $990,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13439462

Rare Detached Bungalow with Double-Car Garage in Highly Desirable Berczy Village! An exceptional opportunity for downsizers, empty nesters, or those seeking the convenience of one-level living without sacrificing the privacy and space of a detached home. Thoughtfully refreshed and well maintained, this home offers a clean slate for its next owner to personalize and make their own. Features include a bright and spacious open-concept living and dining area with soaring ceilings, a cozy gas fireplace, an eat-in kitchen with ample cabinetry and pantry storage, and a walkout to the private backyard with garden space. The generous primary bedroom offers a walk-in closet and 4-piece ensuite, while convenient main-floor laundry and direct garage access enhance everyday living. The unfinished basement provides abundant storage and endless potential for future customization. Enjoy the benefits of a detached home with a double-car garage and outdoor space without the compromises of condo living. Located within top-ranking school boundaries including Pierre Elliott Trudeau HS and Stonebridge PS, and just minutes to parks, shopping, restaurants, transit, and everyday amenities.

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New Listing
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$990,000 - 41 Manorwood Drive, Markham

Detached for Sale in Markham

New — Listed yesterday
2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13439462
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
KW Living Realty
Description

Rare Detached Bungalow with Double-Car Garage in Highly Desirable Berczy Village! An exceptional opportunity for downsizers, empty nesters, or those seeking the convenience of one-level living without sacrificing the privacy and space of a detached home. Thoughtfully refreshed and well maintained, this home offers a clean slate for its next owner to personalize and make their own. Features include a bright and spacious open-concept living and dining area with soaring ceilings, a cozy gas fireplace, an eat-in kitchen with ample cabinetry and pantry storage, and a walkout to the private backyard with garden space. The generous primary bedroom offers a walk-in closet and 4-piece ensuite, while convenient main-floor laundry and direct garage access enhance everyday living. The unfinished basement provides abundant storage and endless potential for future customization. Enjoy the benefits of a detached home with a double-car garage and outdoor space without the compromises of condo living. Located within top-ranking school boundaries including Pierre Elliott Trudeau HS and Stonebridge PS, and just minutes to parks, shopping, restaurants, transit, and everyday amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,079.21/mo

Includes CMHC insurance ($27,621)

$
$
5%10%50%

5-yr fixed avg.

Principal: $891,000Interest: $605,143
Mortgage Amount$918,621
Total Interest$605,143
Est. Property Tax$701/mo
Total Cost$1,523,764

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.

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Neighbourhood Guide: Markham

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

41 Manorwood Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$701
Insurance (est.)-$206
Net Cash Flow+$1,493

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $900/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.

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 $4,125 (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.

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    41 Manorwood Drive, Markham | $990,000 | Battaglia Team