$3,680,000 - 64 SUMMERFELDT Crescent, Markham
Detached for Sale in Markham
- MLS Number
- N13174644
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome to this custom-built luxury home nestled in the prestigious Unionville community. It showcases modern & elegant architecture with over 5000 sq.ft. of living space. Featuring 10' ceilings & built-in speakers on both main and 2nd floors, the home offers an exceptional sense of space and grandeur throughout.The traditional layout begins with a formal living and dining room, highlighted by detailed ceiling designs and a cozy fireplace that adds warmth and sophistication. The chef-inspired kitchen is equipped with built-in appliances, a stunning oversized two-tone island, and custom cabinetry, while the beautifully designed built-ins in the family room add a grand finishing touch. A private office on main floor provides ideal space for WFH.An impressive curved staircase with iron railings, complemented by a large skylight above, brings abundant natural light. The second floor features four spacious bedrooms, each with ensuite bathroom & walk-in closets.The luxurious primary suite is exceptionally spacious and bright, featuring double sink, a separate glass shower & soaking tub, as well as a custom walk-in closet with skylight. The second-floor laundry room adds everyday convenience.The professionally finished basement is designed for entertaining, featuring a refined wine shelf & wet bar, along with an extra bedroom and bathroom. Heated floors provide enhanced comfort throughout the lower level & bathrooms on the 2nd floor. The walk-up basement offers direct access to the exquisite landscaped backyard. While the large, private backyard provides excellent outdoor enjoyment, the Carlton Park across the tree sets reminiscent of a private park. Just 2 mins walk to top-ranking William Berczy Elementary School, 10 mins walk to Too Good Pond. Close to supermarkets, banks, restaurants all essential amenities. (Unionville High School & St Augustine Catholic High School boundary)
Estimate your monthly payments for this property
Estimated Payment
$16,277.88/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.
64 SUMMERFELDT 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
Fair Market Value
At $1051/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 23 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.
Larger Home Realities
At 3,500 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.
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 6 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.