$1,178,888 - 5 Tottenham Court, Markham
Detached for Sale in Markham
73 days on market- MLS Number
- N12956506
- Property Type
- Detached
- Status
- active
- Days on Site
- 73
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- BAY STREET GROUP INC.
Stunning & Bright Detached Corner Home on a Premium Lot in High-Demand Markham! This meticulously maintained residence sits on a spacious 2,900+ sqft corner lot with an impressive 27ft+ frontage, offering exceptional curb appeal and sun-drenched interiors. Incredible potential to build a coach house for extra income or extended family. Functional 3+1 Bedroom & 4 Bathroom Layout:Enter through the grand double-door entry to an Open Concept main floor featuring 9ft ceilings. The seamless flow between the living, dining, and kitchen areas creates an airy, modern feel, perfect for families and entertaining.Extensive Modern Upgrades ($$$):Main Floor: Beautiful engineered hardwood flooring, sleek pot lights, and a contemporary accent wall in the living area.Chef's Kitchen & Baths: Modernized kitchen with trendy grey-blue cabinetry, premium countertops, a large central island, and stainless steel appliances. All 4 bathrooms throughout the home feature updated countertops and a clean, modern aesthetic.Second Floor: 3 spacious bedrooms with high-quality vinyl flooring and an upgraded oak staircase with iron pickets.Finished Basement: A versatile lower level with a large recreation room, an additional (+1) bedroom, a 3-piece washroom, and bright pot lights-ideal for guests, a home office, or an in-law suite.Prime Location: Nestled on a kid-friendly street, walking distance to top-rated schools and scenic parks. Just minutes to Cornell Community Centre, Library, Markham Stouffville Hospital, Public Transit, and HWY 407. Move-in ready!
Estimate your monthly payments for this property
Estimated Payment
$5,214.62/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 Tottenham Court, 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
Competitive Pricing
At $786/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 73 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 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 $4,912 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.