$1,698,000 - 5 Coral Harbour Crescent, Markham
Detached for Sale in Markham
New — Listed yesterday- MLS Number
- N13421064
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 6,652 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Create your own family memories in this exceptional, fully renovated smart home with a private backyard oasis, located in the sought-after Bayview Fairways community, steps from Bayview Golf & Country Club and top-ranking Bayview Fairways PS and St. Robert CHS. Situated on a premium 77-ft frontage, this beautifully updated residence offers an ideal blend of modern design, comfort, and family living. With extensive professional renovations and landscaping, every space has been thoughtfully redesigned. Solid maple throughout is complemented by porcelain tile, laminate (basement), glass railings, pot lights, and designer finishes. Designed for everyday living and entertaining, the main floor features a bright open-concept layout. The chef-inspired designer kitchen offers granite countertops, high-end SS appliances, a large centre island, eat-in, and generous workspace for family meals and gatherings. The family room provides a warm retreat with a custom-built media wall, wood-burning fireplace, surround sound wiring, and walkout to the backyard. Step outside to your own private backyard hideaway. Surrounded by mature landscaping and greenery for exceptional privacy, this outdoor retreat features an inground bromine swimming pool, custom deck with gazebo, landscaped perennial gardens, irrigation system, lighting, garden shed, natural gas BBQ hookup, and a TV and speakers. The professionally finished basement adds valuable living space with a media space, gym and office areas, and bathroom/ laundry room. Smart home technology includes: Ecobee HVAC system, light switches/ motion sensors, front door lock, garage door opener, security camera system and more. Rarely does a home offer this combination of extensive renovations, smart home technology, exceptional privacy, resort-style outdoor living, and access to Ontario's highest-ranking schools-a turnkey opportunity in one of Thornhill's most desirable family neighbourhoods ready for its next family to enjoy.
Estimate your monthly payments for this property
Estimated Payment
$7,510.83/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.
5 Coral Harbour Crescent, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Fair Market Value
At $1132/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 4 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 $7,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.