42 Sciberras Road, Markham

Price: $1,788,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N12970270

Located in the prestigious heart of Unionville, this property offers a premier opportunity to move in, renovate, or custom-build on an exceptional, extra-deep lot. The interior features hardwood flooring throughout the main and upper levels, complemented by a finished basement with a 3-piece bath and a fully fenced, oversized backyard. Its location is unbeatable for lifestyle and investment. Walk to historic Main Street, local dining, the Varley Art Gallery, and the scenic trails of Too Good Pond. Situated within the top-ranked Unionville High School zone and minutes from the upcoming York University Markham Campus. Quick access to the GO Station, Viva transit, YMCA, and Highways 404 and 407. A rare find that combines classic charm with massive development potential in one of Markham's most sought-after neighbourhoods.

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$1,788,000 - 42 Sciberras Road, Markham

Detached for Sale in Markham

71 days on market
4Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N12970270
Property Type
Detached
Status
active
Days on Site
71
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HOMELIFE BROADWAY REALTY INC.
Description

Located in the prestigious heart of Unionville, this property offers a premier opportunity to move in, renovate, or custom-build on an exceptional, extra-deep lot. The interior features hardwood flooring throughout the main and upper levels, complemented by a finished basement with a 3-piece bath and a fully fenced, oversized backyard. Its location is unbeatable for lifestyle and investment. Walk to historic Main Street, local dining, the Varley Art Gallery, and the scenic trails of Too Good Pond. Situated within the top-ranked Unionville High School zone and minutes from the upcoming York University Markham Campus. Quick access to the GO Station, Viva transit, YMCA, and Highways 404 and 407. A rare find that combines classic charm with massive development potential in one of Markham's most sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,908.93/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,430,400Interest: $942,278
Mortgage Amount$1,430,400
Total Interest$942,278
Est. Property Tax$1,267/mo
Total Cost$2,372,678

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 Sciberras Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,267
Insurance (est.)-$373
Net Cash Flow+$1,560

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

Premium Pricing

At $1192/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 71 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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

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 $7,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    42 Sciberras Road, Markham | $1,788,000 | Battaglia Team