51 Chase Court, Markham

Price: $1,190,000

7 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13214638

Newly renovated house! Location! !Brimley/Steeles, Very Well Maintained & Clean Link Home In High Demand Area! 1750Sf, covers an area of approximately 7,600 square feet.2 Car Garages Plus 6 Private Drive Way Parking, No Side Walk. Huge Backyard W/Fence. This beautifully maintained 5-bedrooms home with furnished 2 bedrooms basement is situated on a quiet, with Its Own Kitchen, Separate Entrance. New renovation of stairs, ceiling, walls, toilets, rooms. Perfect for first-time buyers,families and investor(Currently rent out $$5,700+ monthly). Location Highlights: Quick Access to Hwy 407/404- Walking Distance to Transit- Close to Pacific Mall, Top Rated Schools, Parks & Major Amenities.Walking Distance To Ttc Bus, Schools, Parks, Community Centre, Pacific Mall, Close To Go Station. Don't miss out on this exceptional linked home in a prime location! The wall between the living room on the first floor and the adjacent room was built later and can be easily removed to make the living room larger.

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$1,190,000 - 51 Chase Court, Markham

Detached for Sale in Markham

7Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13214638
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
7
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Newly renovated house! Location! !Brimley/Steeles, Very Well Maintained & Clean Link Home In High Demand Area! 1750Sf, covers an area of approximately 7,600 square feet.2 Car Garages Plus 6 Private Drive Way Parking, No Side Walk. Huge Backyard W/Fence. This beautifully maintained 5-bedrooms home with furnished 2 bedrooms basement is situated on a quiet, with Its Own Kitchen, Separate Entrance. New renovation of stairs, ceiling, walls, toilets, rooms. Perfect for first-time buyers,families and investor(Currently rent out $$5,700+ monthly). Location Highlights: Quick Access to Hwy 407/404- Walking Distance to Transit- Close to Pacific Mall, Top Rated Schools, Parks & Major Amenities.Walking Distance To Ttc Bus, Schools, Parks, Community Centre, Pacific Mall, Close To Go Station. Don't miss out on this exceptional linked home in a prime location! The wall between the living room on the first floor and the adjacent room was built later and can be easily removed to make the living room larger.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,263.77/mo

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5-yr fixed avg.

Principal: $952,000Interest: $627,131
Mortgage Amount$952,000
Total Interest$627,131
Est. Property Tax$843/mo
Total Cost$1,579,131

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

51 Chase Court, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,400/mo
Range: $3,740 - $5,060
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,400
Maintenance Fees-$0
Property Tax (est.)-$843
Insurance (est.)-$248
Net Cash Flow+$3,309

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

Competitive Pricing

At $793/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.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 7 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 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 $4,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    51 Chase Court, Markham — $1,190,000 | Battaglia Team