$1,080,000 - 4116 Highway 7 N/A, Markham
Townhouse for Sale in Markham
81 days on market- MLS Number
- N12927498
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 81
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- SUPERSTARS REALTY LTD.
Welcome To This Modern Corner-Unit Townhouse, Like A Semi-Detached Home In Prestigious Unionville Community, Filled With Natural Light From The Abundant Windows And Offering A Rare Double Car Garage With An Extended Driveway That Parks Up To 3 Additional Cars Outside. 2485 Sqft Of Living Area With $$$ Upgrades, Features Smooth Ceilings, Fresh Paint, Pot Lights, And Stylish Light Fixtures, 9Ft Ceiling On Main Level. Open Living Room Includes A Juliet Balcony, While The Dining Area Walks Out To A Balcony With Unobstructed View. The Good Size Kitchen Offers Stainless Steel Appliances, Backsplash, Centre Island With Breakfast Bar. A Huge Window Along The Staircase And Upgraded Skylight From Builder On The Upper Level Enhance The Home's Airy Feel, 3 Spacious Bedrooms, 3 Bathrooms Including 2 Ensuites, And A Convenient Laundry Room. The Lower Level Includes A Bedroom With 3Pc Bathroom And Its Own Separate Laundry, While The Finished Basement Adds Even More Versatility With An Additional Bedroom And 4Pc Bathroom. Ideally Located Close To Parks, Top Ranking Unionville High School And St. Augustine Catholic High School, Shopping, Banks, Restaurants, Public Transit, And Hwy 7/404/407, This Home Delivers Exceptional Comfort And Convenience In A Prime, Family-friendly Neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$4,777.20/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.
4116 Highway 7 N/A, 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 $540/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 81 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.
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 6 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 $4,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.