5 John Carter Way, Markham

Price: $1,340,900

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13422926

Brand new luxury 3-storey townhome by Garden Homes located in Vinegar Hill community. Exceptional 4-bedroom residence with bright and functional layout, featuring open concept living and dining area with fireplace, 9-ft ceilings, laminate flooring throughout, 2 ensuite baths, and the primary bedroom with a walk-out balcony. The basement is finished with a large recreation area perfect for family and social gatherings. Quality craftsmanship and contemporary finishes. Spacious principal rooms offer comfort and flexibility for growing families. Convenient location close to parks, schools, shopping, public transit, and major highways. A rare opportunity to own a brand-new home with premium features and timeless appeal.

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active
New Listing
1/50

$1,340,900 - 5 John Carter Way, Markham

Townhouse for Sale in Markham

New — Listed yesterday
4Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13422926
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HC REALTY GROUP INC.
Description

Brand new luxury 3-storey townhome by Garden Homes located in Vinegar Hill community. Exceptional 4-bedroom residence with bright and functional layout, featuring open concept living and dining area with fireplace, 9-ft ceilings, laminate flooring throughout, 2 ensuite baths, and the primary bedroom with a walk-out balcony. The basement is finished with a large recreation area perfect for family and social gatherings. Quality craftsmanship and contemporary finishes. Spacious principal rooms offer comfort and flexibility for growing families. Convenient location close to parks, schools, shopping, public transit, and major highways. A rare opportunity to own a brand-new home with premium features and timeless appeal.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,931.25/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,072,720Interest: $706,656
Mortgage Amount$1,072,720
Total Interest$706,656
Est. Property Tax$950/mo
Total Cost$1,779,376

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

5 John Carter Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$950
Insurance (est.)-$279
Net Cash Flow+$1,851

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

Fair Market Value

At $894/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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 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 $5,587 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    5 John Carter Way, Markham — $1,340,900 | Battaglia Team