$1,188,800 - 50 Normark Drive, Markham
Detached for Sale in Markham
75 days on market- MLS Number
- N12949332
- Property Type
- Detached
- Status
- active
- Days on Site
- 75
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
*Meticulously Maintained Residence, Showcasing Like Day One Reflecting Years Of Conscientious Care Hits The Market For The 1st Time For Sale!*Unmatched Pride Of Ownership Hits Instantly ,Every Inch Of This Home Is Dialed In & Cared For With No Doubt!*A Rare Opportunity To Own A Detached Double Car Garage Home On A Premium Lot In A Coveted Niche ,Perfect For 1st Time Home Buyers, Ready To Level Up Buyers Or Downsizers Who Refuse To Compromise On Location!*Flooded With Natural Light From Abundance Of Windows & Large Patio Door!*A Very Spacious Eat-In Kitchen With Extensive Counter Space & A Bright Breakfast Area, Seamlessly Flowing Into An Expansive Open Concept Living/Dining Zone Designed For Entertaining & Effortless Direct Access To The Side Yard/Garage From The Dining Sliding Doors*The Backyard/Side Yard Is A Private Retreat With Lush, Serene, Framed By Mature Greenery With Irrigation, Highlighted By A Stunning Built-In Pond With Gold Fish *Upstairs Bedrooms Are Designed For Comfort & Style, One Features A Walk-Out To A Private Deck ,Your Own Elevated Escape For Evening Wine Or Quiet Mornings*Impressive Curb Appeal, Charming Front Porch Adds Another Layer Of Lifestyle For Morning Coffee ,Evening Chats ,A True Neighbourhood Feel*Finished Basement Delivers Warmth & Versatility With A Cozy Gas Fireplace ,Perfect For Movie Nights Or Relaxation*Above Grade Windows ,Plus A Bonus Large Crawl Space Solves All Your Storage Needs*This Residence Is Tucked Away Just Off Of Yonge St In Prestigious Golf Course Royal Orchard Community ,Offering LOCATION, LIFESTYLE & LONG TERM VALUE*The Royal Orchard Community Is Renowned For Its Mature Tree-Lined Streets, Proximity To Top-Rated Schools, Golf Courses, Parks ,Easy Access To Highways, Transit, Future Subway With Approved Stop At Yonge/Royal Orchard, Currently 1 Bus To Finch Station & York University Making It An Exceptional Place To Call Home!*Park Your Finances In The Right Location!*A MUST SEE!*
Estimate your monthly payments for this property
Estimated Payment
$5,258.46/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.
50 Normark Drive, 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 $1081/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 75 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.
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.
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 $4,953 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.