$2,054,388 - 47 Mindanao Avenue, Markham
Detached for Sale in Markham
56 days on market- MLS Number
- N13022368
- Property Type
- Detached
- Status
- active
- Days on Site
- 56
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- ROYAL LEPAGE PREMIUM ONE REALTY
Welcome to this exceptional detached home situated on a premium 31-ft wide lot in the prestigious Upper Eastside Unionville community of Markham. Offering approximately 2,700 sq. ft. above grade, this beautifully designed residence combines luxury, functionality, and versatility perfect for modern family living. Step inside to discover an elegant main floor featuring soaring 10-ft ceilings, rich hardwood flooring, and stunning porcelain tiles. The chef-inspired kitchen is a true centerpiece, complete with sleek quartz countertops, ample cabinetry, and a layout ideal for both everyday living and entertaining. Upstairs, you'll find four generously sized bedrooms, including a luxurious primary retreat with a walk-in closet and a spa-like 5-piece ensuite. Two bedrooms are thoughtfully connected by a Jack & Jill bathroom, while the fourth bedroom enjoys its own private ensuite perfect for guests or growing families. A convenient second-floor laundry room adds everyday ease. Adding incredible value and flexibility is the coach house suite, featuring a separate entrance and full bathroom ideal as a guest suite, in-law accommodation, or potential rental opportunity. With a total of five bathrooms and parking for three vehicles (including a double-car garage), this home offers both comfort and practicality. Located at the prime intersection of Stoney Hill Blvd and Victoria Square Blvd, you'll enjoy proximity to top-rated schools, parks, shopping, dining, and convenient access to major highways and transit. This is a rare opportunity to own a sophisticated home in one of Markham's most desirable neighborhoods. Property is being sold as a new home take advantage of government rebates/incentives, Buyer to verify eligibility and conduct own due diligence. This home is move-in ready and offers added peace of mind with a full Tarion warranty. An electric fireplace provides a cozy focal point, making this property a perfect blend of comfort, style and functionality.
Estimate your monthly payments for this property
Estimated Payment
$9,087.25/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 Mindanao Avenue, 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
Fair Market Value
At $822/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.
Negotiation Opportunity
At 56 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 5 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 $8,560 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.