$1,598,000 - 62 Aberfeldy Crescent, Markham
Detached for Sale in Markham
- MLS Number
- N13224836
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
A turn key German Mills home set on a wide 60 x 118 ft lot - thoughtfully upgraded and move-in ready with genuine future potential. Main Floor welcomes you with an artistic X-large Living Room area completes with memorable green views and filled with natural light .The standout wow Factor is the walk-out basement with soaring high ceilings, Mutiple separate entrances, and direct step-free access to a grand, flat backyard ,a rare and versatile combination perfect for extended family or income potential. Updated 200A electrical panel, new lower-level kitchen, new basement 3-piece washroom, separate laundry with new appliances, finished basement living area, new ~50 ft retaining wall, new 6x6 post fencing, pot lights throughout, backyard grading, landscaping refresh, and fresh paint. 4+2 Bed | 4 Bath | 2-car attached garage | 6 total parking. Located in one of German Mills' most sought-after pockets - steps to scenic trails, parks, TTC/YRT transit, Bayview Golf Club & Hwy 404. Top-ranked schools:German Mills PS, St. Michael Catholic Academy & St. Robert CHS. A rare opportunity in one of Thornhill's most family-oriented communities.
Estimate your monthly payments for this property
Estimated Payment
$7,068.49/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.
62 Aberfeldy Crescent, 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 $799/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.
Market Position
At 15 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 6 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 $6,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.