42 Chasser Drive, Markham

Price: $1,199,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13172850

Located in the highly sought-after Greensborough community in Markham, this beautiful detachedhome offers an exceptional living environment with parks, scenic ponds, convenienttransportation access, and close proximity to Markham Stouffville Hospital.Proudly owned by the original owner, this well-maintained 3-bedroom detached home with asingle-car garage showcases true pride of ownership throughout. Situated on a premium 35-footfrontage lot with a desirable south facing frontage and north facing backyard, the propertyfeatures a very functional and well-proportioned layout.Upon entering the home, you are welcomed by a soaring open-to-above foyer that fills the spacewith abundant natural light and creates a bright, airy atmosphere.The main floor offers a practical and spacious layout with separate family, living, and diningrooms, providing comfortable spaces for both everyday living and entertaining.The second floor features three generously sized bedrooms, including a spacious primary bedroomcomplete with a 4-piece ensuite bathroom.The backyard is large, private, and well-shaped, offering excellent outdoor enjoyment and greatpotential for family activities and gatherings.Overall, this home shows exceptionally well and is located in a highly desirablefamily-friendly neighborhood. The property is within walking distance to elementary schools andis also connected to one of Ontario's top-ranking high schools. Surrounded by restaurants,banks, parks, and everyday amenities, with public transit just a short walk away, the locationoffers outstanding convenience for daily living and commuting. Whether you are looking for acomfortable family home or a solid investment opportunity, this property is an excellent choicein one of Markham's most popular communities.

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active
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$1,199,000 - 42 Chasser Drive, Markham

Detached for Sale in Markham

3Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13172850
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Located in the highly sought-after Greensborough community in Markham, this beautiful detachedhome offers an exceptional living environment with parks, scenic ponds, convenienttransportation access, and close proximity to Markham Stouffville Hospital.Proudly owned by the original owner, this well-maintained 3-bedroom detached home with asingle-car garage showcases true pride of ownership throughout. Situated on a premium 35-footfrontage lot with a desirable south facing frontage and north facing backyard, the propertyfeatures a very functional and well-proportioned layout.Upon entering the home, you are welcomed by a soaring open-to-above foyer that fills the spacewith abundant natural light and creates a bright, airy atmosphere.The main floor offers a practical and spacious layout with separate family, living, and diningrooms, providing comfortable spaces for both everyday living and entertaining.The second floor features three generously sized bedrooms, including a spacious primary bedroomcomplete with a 4-piece ensuite bathroom.The backyard is large, private, and well-shaped, offering excellent outdoor enjoyment and greatpotential for family activities and gatherings.Overall, this home shows exceptionally well and is located in a highly desirablefamily-friendly neighborhood. The property is within walking distance to elementary schools andis also connected to one of Ontario's top-ranking high schools. Surrounded by restaurants,banks, parks, and everyday amenities, with public transit just a short walk away, the locationoffers outstanding convenience for daily living and commuting. Whether you are looking for acomfortable family home or a solid investment opportunity, this property is an excellent choicein one of Markham's most popular communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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

42 Chasser Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$1,701

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

Competitive Pricing

At $799/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 21 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    42 Chasser Drive, Markham — $1,199,000 | Battaglia Team