$3,998,900 - 65 Chatelaine Drive, Markham
Detached for Sale in Markham
- MLS Number
- N13146094
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 9
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Markham
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
An Extraordinary Opportunity To Own One Of Markhams Finest Custom-Built Dream Home Nestled In In The Heart Of Rouge River Estates. This Architectural Masterpiece Offering Over 8400 SQFT Impeccably Designed Living Space, This One-Of-A-Kind Estate Blends Timeless Elegance With Modern Sophistication. From Its Stately Circular Driveway To The 3 Car Garage, Every Element Of This Home Exudes Grandeur And Refined Craftsmanship. The Main Level Features Soaring 10-Foot Ceilings, Expansive Windows That Flood The Home With Natural Light, And Rich Designer Finishes That Define Luxurious Living. The Layout Is Thoughtfully Crafted To Provide An Ideal Balance Between Open-Concept Flow And Well-Defined Formal And Casual Spaces. The Gourmet Kitchen Is A Chefs Dream, Outfitted With Top-Tier Appliances, Custom Cabinetry, Oversized Center Islands, A Walk-In Pantry, And A Seamless Transition To The Formal Dining Room And Grand Family Room. A Main-Floor Bedroom With An Ensuite Bath Adds Convenience And Flexibility For Multi-Generational Living/Office. Upstairs, Five Generously Sized Bedrooms Include A Breathtaking Primary Retreat With An Indulging 9-Piece Spa-Inspired Ensuite, A Spacious Walk-In Closet, And Tranquil Views Overlooking The Park. Bedroom W/9ft Ceilings, Sun-Filled, 2 Sep Stairways Lead To Walk-Up Bsmt! Backyard W/Large Covered Lanai O/L Beautiful, Manicured 1/3 Acre Level Lot! High End Finishes Throughout! Mins To 407, Schools, Parks, M/St. Hospital + Rouge Valley
Estimate your monthly payments for this property
Estimated Payment
$17,688.48/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.
65 Chatelaine Drive, 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 $800/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 25 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 5,000 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 9 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 10 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.