$1,389,000 - 47 Aberfeldy Crescent, Markham
Detached for Sale in Markham
71 days on market- MLS Number
- N12960082
- Property Type
- Detached
- Status
- active
- Days on Site
- 71
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Lot Size
- 4,188 sqft
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rarely Find , with Legal Basement and Beautifully upgraded 2-storey home in the highly desirable German Mills community! This stunning 4 bedroom, 3 bathroom family residence has been lovingly maintained and continuously updated, offering exceptional living space, lots of natural light with modern finishes, and excellent income potential. Open concept layout with a combined large living and dining area, plus a bright open-concept kitchen featuring porcelain flooring. Direct garage access adds extra convenience, Patio door and Large Barlcony with access to the green back yard. Finished basement with a separate entrance features 1 bedroom, a full kitchen, full bathroom, separate laundry, and offers rental income potential of approximately $2000/month. Roof shingles (2010), furnace (2014), hot water tank (2014), fridge (2012), Whirlpool oven (2016), cooktop (2016), microwave (2019), maple hardwood flooring, modern kitchen, upgraded bathrooms, new washer & dryer, new basement kitchen and appliances (2023). Ideally located close to top-ranked schools (including Catholic schools), the German Mills Community Centre, Bayview Golf & Country Club, tennis courts, parks, scenic trails, shopping plazas, transit, and GO Train access. This move in ready home offers comfort, quality, and income opportunity in one of the most sought-after neighbourhoods.A must-see!
Estimate your monthly payments for this property
Estimated Payment
$6,144.02/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.
47 Aberfeldy Crescent, Markham
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Rental income estimator & ROI calculator
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
Premium Pricing
At $1263/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.
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 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 $5,788 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.