$875,000 - 51 Northvale Road, Markham
Semi-Detached for Sale in Markham
New — Listed yesterday- MLS Number
- N13441076
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome To 51 Northvale Road In The Highly Sought-After Cornell Community Of Markham! This Bright And Spacious 3-Bedroom Semi-Detached Home Offers A Functional Layout Perfect For Families. Featuring Hardwood Flooring On The Main Level, A Separate Dining Room Ideal For Entertaining, And Generous Living Spaces Filled With Natural Light. Located In A Family-Friendly Neighbourhood Close To Top-Rated Schools, Parks, Shopping, And Markham Stouffville Hospital. Enjoy Convenient Access To Highway 407, Making Commuting A Breeze. An Excellent Opportunity To Own A Home In One Of Markham's Most Desirable Communities. EXTRAS: Existing: Fridge, Stove, Dishwasher, Washer & Dryer, All Electrical Light Fixtures, All Window Coverings, Furnace, Central Air Conditioner, Garage Door Opener + Remote.
Estimate your monthly payments for this property
Estimated Payment
$4,489.20/mo
Includes CMHC insurance ($24,413)
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.
51 Northvale Road, 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 $583/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.
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 $3,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.