61 Raymond Schell Avenue, Markham

Price: $1,859,900

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13441778

Welcome to this newly constructed luxury detached residence in one of Unionville's most prestigious neighborhoods. Meticulously designed with thousands of dollars in premium upgrades, this exceptional home combines refined elegance, modern functionality, and elevated everyday living. The open-concept main floor features soaring ceilings, expansive windows, and abundant natural light, enhanced by hardwood floors throughout and porcelain tile finishes. The kitchen and foyer feature 24" x 24" porcelain tiles, while the master ensuite showcases 12" x 24" porcelain tiles, highlighting attention to detail and sophisticated design. The layout boasts a huge formal dining room and living room, perfect for entertaining, alongside a main-floor laundry for convenience. At the heart of the home is a chef-inspired gourmet kitchen featuring quartz countertops throughout, custom cabinetry, and an oversized island-perfect for entertaining, cooking, and daily living. The walkout basement provides versatile living space and seamless access to the outdoors. Conveniently located near top-rated schools, parks, supermarkets, upscale dining, and with easy access to major highways, this beautifully crafted home represents a rare opportunity to own a fully upgraded detached residence in a prime Unionville location.

61 Raymond Schell Avenue - Detached photo 1 of 2 in Markham, Ontario
61 Raymond Schell Avenue - Detached photo 2 of 2 in Markham, Ontario
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New Listing
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$1,859,900 - 61 Raymond Schell Avenue, Markham

Detached for Sale in Markham

New — Listed 5 days ago
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13441778
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
ROYAL LEPAGE PREMIUM ONE REALTY
Description

Welcome to this newly constructed luxury detached residence in one of Unionville's most prestigious neighborhoods. Meticulously designed with thousands of dollars in premium upgrades, this exceptional home combines refined elegance, modern functionality, and elevated everyday living. The open-concept main floor features soaring ceilings, expansive windows, and abundant natural light, enhanced by hardwood floors throughout and porcelain tile finishes. The kitchen and foyer feature 24" x 24" porcelain tiles, while the master ensuite showcases 12" x 24" porcelain tiles, highlighting attention to detail and sophisticated design. The layout boasts a huge formal dining room and living room, perfect for entertaining, alongside a main-floor laundry for convenience. At the heart of the home is a chef-inspired gourmet kitchen featuring quartz countertops throughout, custom cabinetry, and an oversized island-perfect for entertaining, cooking, and daily living. The walkout basement provides versatile living space and seamless access to the outdoors. Conveniently located near top-rated schools, parks, supermarkets, upscale dining, and with easy access to major highways, this beautifully crafted home represents a rare opportunity to own a fully upgraded detached residence in a prime Unionville location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,226.97/mo

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5-yr fixed avg.

Principal: $1,487,920Interest: $980,170
Mortgage Amount$1,487,920
Total Interest$980,170
Est. Property Tax$1,317/mo
Total Cost$2,468,090

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

61 Raymond Schell Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,317
Insurance (est.)-$387
Net Cash Flow+$1,846

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 $744/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.

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.

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 $7,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    61 Raymond Schell Avenue, Markham | $1,859,900 | Battaglia Team