$1,995,000 - 58 Alexis Road, Markham
Detached for Sale in Markham
- MLS Number
- N13142842
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A rare opportunity to secure a spacious executive home in one of Thornlea's most desirable family neighbourhoods. This residence offers the kind of combination buyers are actively searching for: a prestigious Markham location, generous living space, a functional 4+1 bedroom and 5 bathroom layout, and a private ravine setting that brings a sense of calm, privacy, and everyday enjoyment. From the moment you arrive, this home offers strong curb appeal and the space to support a growing family, multi-generational living, working from home, or simply enjoying a more comfortable lifestyle. The bright principal rooms, upgraded kitchen, family room with fireplace, skylight, French doors, floor-to-ceiling windows, and walkouts to the deck create a warm and inviting atmosphere designed for both daily living and entertaining. The legal basement, completed with permits, adds valuable flexibility for extended family, guest use, or additional living space. Additional features include property security cameras and Type 2 EV charging, adding convenience, functionality, and modern peace of mind for today's lifestyle. The location adds exceptional value. Buyers will appreciate being close to well-regarded schools, parks, community centres, restaurants, shopping, transit routes, Bayview Avenue, Green Lane, John Street, and Highway 407. Everything a family needs is within easy reach, while the ravine backdrop gives the property a level of privacy that is becoming harder to find. For buyers looking for space, location, lifestyle, and long-term value in Markham, this is a home that deserves to be seen. This is not just a property to view. It is a home to imagine your next chapter in.
Estimate your monthly payments for this property
Estimated Payment
$8,824.56/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.
58 Alexis Road, 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 $998/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.
Market Position
At 28 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 5 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 $8,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.