5158 16th Avenue, Markham

Price: $1,790,000

4 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13050190

Modern 3,078 sq. ft. detached family home with double garage in a cul-de-sac, located in Bridle Walk / Berczy Village. Architecturally controlled transitional elevations featuring brick and stone exterior. This home offers 4 bedrooms and 4 bathrooms, with 9-foot ceilings with 8'-0" doors/ archways on main and second floors. Features include engineered hardwood flooring throughout, smooth ceilings, waffle ceiling in family room, coffered ceiling in dinning room. upgraded baseboards, oak staircase, custom window blinds, floor to ceiling curtains, and exterior pot lights. The upgraded kitchen boasts extended cabinetry, stone countertops and backsplash, stainless steel appliances (refrigerator, gas range, chimney style range hood, built-in microwave, dishwasher), undermount double stainless steel sink, and a large island with extended flush breakfast bar. All bathrooms are upgraded with stone countertops, undermount vanity sinks, upgraded fixtures, vanity lighting, and mirrors over all vanities. The primary ensuite features a smart toilet, free-standing tub and a separate enclosed glass shower with porcelain wall tiles to the ceiling. Additional highlights include a high-ceiling basement (upgrade), gas fireplace in the family room, high-efficiency forced-air gas furnace, drain water heat recovery system, ERV system, 200-amp electrical service, smart doorbell, smart programmable thermostat, and smart garage door opener with camera and phone control. Exterior and security features include 2-car garage plus 4-car driveway parking, water softener, and system system by contract. Prime family-friendly neighbourhood bordering Toronto, with excellent schools, shopping, recreation, and convenient access to both urban and outdoor

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$1,790,000 - 5158 16th Avenue, Markham

Detached for Sale in Markham

49 days on market
4Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13050190
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Lot Size
4,144 sqft
Listing Brokerage
ANJIA REALTY
Description

Modern 3,078 sq. ft. detached family home with double garage in a cul-de-sac, located in Bridle Walk / Berczy Village. Architecturally controlled transitional elevations featuring brick and stone exterior. This home offers 4 bedrooms and 4 bathrooms, with 9-foot ceilings with 8'-0" doors/ archways on main and second floors. Features include engineered hardwood flooring throughout, smooth ceilings, waffle ceiling in family room, coffered ceiling in dinning room. upgraded baseboards, oak staircase, custom window blinds, floor to ceiling curtains, and exterior pot lights. The upgraded kitchen boasts extended cabinetry, stone countertops and backsplash, stainless steel appliances (refrigerator, gas range, chimney style range hood, built-in microwave, dishwasher), undermount double stainless steel sink, and a large island with extended flush breakfast bar. All bathrooms are upgraded with stone countertops, undermount vanity sinks, upgraded fixtures, vanity lighting, and mirrors over all vanities. The primary ensuite features a smart toilet, free-standing tub and a separate enclosed glass shower with porcelain wall tiles to the ceiling. Additional highlights include a high-ceiling basement (upgrade), gas fireplace in the family room, high-efficiency forced-air gas furnace, drain water heat recovery system, ERV system, 200-amp electrical service, smart doorbell, smart programmable thermostat, and smart garage door opener with camera and phone control. Exterior and security features include 2-car garage plus 4-car driveway parking, water softener, and system system by contract. Prime family-friendly neighbourhood bordering Toronto, with excellent schools, shopping, recreation, and convenient access to both urban and outdoor

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,917.77/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,432,000Interest: $943,332
Mortgage Amount$1,432,000
Total Interest$943,332
Est. Property Tax$1,268/mo
Total Cost$2,375,332

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

5158 16th Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,800/mo
Range: $3,230 - $4,370
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,800
Maintenance Fees-$0
Property Tax (est.)-$1,268
Insurance (est.)-$373
Net Cash Flow+$2,159

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 $597/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 49 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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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    5158 16th Avenue, Markham — $1,790,000 | Battaglia Team