$989,000 - 59 Mikayla Lane, Markham
Townhouse for Sale in Markham
Popular Listing- MLS Number
- N13238316
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX GOLD REALTY INC.
FREEHOLD END-UNIT TOWNHOME IN HIGHLY DESIRABLE CORNELL, MARKHAM!Welcome To This 3-Bed, 3-Bath Stunning Modern Townhome Built 2 Years Ago By Primont Homes. Offering Over 2,000 Sq. Ft. Of Upgraded Living Space, Plus A Bright Lookout Basement, This Freehold End-Unit Townhome Has No POTL Fees And Combines Luxury, Functionality, And Value. Boasting Rare ern Exposure And An Abundance Of Floor-To-Ceiling Windows, This Home Is Flooded With Natural Light Throughout The Day And Offers The Feel Of A Semi-Detached Home. Soaring 9-Foot Ceilings On All Three Levels Enhance The Spacious, Open-Concept Design, While Premium Oak Hardwood Flooring And A Matching Stained Oak Staircase Add Warmth And Elegance Throughout. The Heart Of The Home Is The Chef-Inspired Kitchen, Featuring Upgraded Quartz Countertops, Large Island, Extended Upper Cabinetry, Large-Format Polished Porcelain Tile Flooring, A Stylish Backsplash, And Stainless Steel Appliances. The Bright And Inviting Living And Dining Areas Are Perfect For Both Everyday Living And Entertaining. The Upper Level Offers Three Generous Bedrooms, Including A Spacious Primary Retreat Complete With A Luxurious Spa-Inspired Ensuite Featuring Caesarstone Countertops, A Sleek Square Undermount Sink, And A Frameless Glass Shower. Two Additional Bedrooms And A Full Bathroom Provide Ample Space For Family And Guests. Enjoy Outdoor Living With Two Private Walkout Balconies-Perfect For Morning Coffee Or Evening Relaxation. The Extra-Wide 1.5-Car Garage Offers Direct Interior Access And Additional Storage Space For Ultimate Convenience. The Bright Lookout Basement Features A Large Above-Grade Window And Versatile Living Space Ideal For A Recreation Room, Home Office, Gym, Or Potential In-Law Suite. Located Just Minutes From Top-Rated Schools, Parks, The Cornell Community Centre, Markham Stouffville Hospital, Shopping, Restaurants, Markham GO Station, Public Transit, And Highway 407, Make This Beautiful Property Your Home.
Estimate your monthly payments for this property
Estimated Payment
$5,074.08/mo
Includes CMHC insurance ($27,593)
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.
59 Mikayla Lane, 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
Competitive Pricing
At $495/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.
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 $4,121 (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.