$1,250,000 - 51 Saigen Lane, Markham
New Construction for Sale in Markham
74 days on market- MLS Number
- N12941094
- Property Type
- New Construction
- Status
- active
- Days on Site
- 74
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome to this stunning townhome offering a perfect blend of modern design, functional living, and unbeatable convenience in one of Markham's most desirable communities. The main level showcases a bright, open-concept layout with 9 ft ceilings, large windows, and an abundance of natural light throughout. The modern kitchen is beautifully appointed with quartz countertops, stainless steel appliances, a center island, ceramic flooring, and quality cabinetry, seamlessly flowing into the living and dining areas - perfect for both everyday living and entertaining. Enjoy outdoor space with two balconies, accessible from the kitchen and second bedroom. Upstairs, spacious bedrooms include walk-in closets, offering ample storage and comfort. Additional features include garage access to the home and an HRV system for efficient fresh air exchange, enhancing everyday living. Ideally located just steps to the Viva Cornell Bus Terminal and minutes to Highway 7 and Highway 407, commuting is effortless. Enjoy walking distance to everyday essentials including Walmart Supercentre, CIBC, restaurants like McDonald's, and shopping at Boxgrove Smart Centre. You are also close to Markham Stouffville Hospital, Cornell Community Centre, parks, medical centres, gyms, and more. This move-in-ready home delivers modern comfort, versatile living space, and exceptional location - an outstanding opportunity for families, professionals, and investors alike.
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/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.
51 Saigen Lane, 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
Fair Market Value
At $833/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 74 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.
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 3 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 $5,208 (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.