69 Diamond Jubilee Drive, Markham

Price: $1,777,777

8 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N13450082

Introducing a rare opportunity in Markham's sought-after community of Cornell. Nurtured tenderly by the original owners for 12 years. This elegant 2.5 storey brick and stone detached home is situated on a premium lot and offers 3,529 sq. ft. of luxurious living space and 1,496 sq. ft. of finished basement space with a Separate entrance. A+ Basement tenants currently paying $2,600/month, will vacate or continue as desired by the bubuyersHelps pay off big part of mortgage! The bright interior features 9-ft ceilings, pot lights, chandeliers, a chef-inspired kitchen with granite countertops, center island, stainless steel appliances, servery and pantry. Large, cozy family room has a gas fireplace and big windows. The breakfast area overlooks the manicured rear garden. 2nd floor has 4 big bedrooms, 3 with ensuite bath. Open plan spacious office has tall windows and sloping roof. Pot lights throughout. An oak staircase with wrought iron balusters leads to a spacious 534 sq ft Loft on the 3rd floor. It has a wet bar, kitchenette, and 4-piece ensuite making it an ideal space as 5th bed room for In-Laws to enjoy or as an Entertainment pad. The primary bedroom is a dream, walk-in wardrobe, his and her vanities, 5 piece ensuite, soaker tub and is filled with abundant natural light coming through large windows overlooking rear garden-deck facing East!. Enjoy the beautifully landscaped backyard featuring a floating cedar deck. Over $200,000 have been spent on upgrades. A coach house is permitted under the new zoning bylaws above the garages, generating additional income. Usually rented for $2,200/month. 5 parking spaces, 2 covered garage, one carport. Conveniently located near top-rated schools, hospitals, parks, and community amenities. Property will be professionally painted prior to possession, and all existing wallpapers and murals will be removed before closing, if desired.

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active
New Listing
1/40

$1,777,777 - 69 Diamond Jubilee Drive, Markham

Detached for Sale in Markham

New — Listed 2 days ago
8Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N13450082
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
8
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Introducing a rare opportunity in Markham's sought-after community of Cornell. Nurtured tenderly by the original owners for 12 years. This elegant 2.5 storey brick and stone detached home is situated on a premium lot and offers 3,529 sq. ft. of luxurious living space and 1,496 sq. ft. of finished basement space with a Separate entrance. A+ Basement tenants currently paying $2,600/month, will vacate or continue as desired by the bubuyersHelps pay off big part of mortgage! The bright interior features 9-ft ceilings, pot lights, chandeliers, a chef-inspired kitchen with granite countertops, center island, stainless steel appliances, servery and pantry. Large, cozy family room has a gas fireplace and big windows. The breakfast area overlooks the manicured rear garden. 2nd floor has 4 big bedrooms, 3 with ensuite bath. Open plan spacious office has tall windows and sloping roof. Pot lights throughout. An oak staircase with wrought iron balusters leads to a spacious 534 sq ft Loft on the 3rd floor. It has a wet bar, kitchenette, and 4-piece ensuite making it an ideal space as 5th bed room for In-Laws to enjoy or as an Entertainment pad. The primary bedroom is a dream, walk-in wardrobe, his and her vanities, 5 piece ensuite, soaker tub and is filled with abundant natural light coming through large windows overlooking rear garden-deck facing East!. Enjoy the beautifully landscaped backyard featuring a floating cedar deck. Over $200,000 have been spent on upgrades. A coach house is permitted under the new zoning bylaws above the garages, generating additional income. Usually rented for $2,200/month. 5 parking spaces, 2 covered garage, one carport. Conveniently located near top-rated schools, hospitals, parks, and community amenities. Property will be professionally painted prior to possession, and all existing wallpapers and murals will be removed before closing, if desired.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,863.71/mo

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5-yr fixed avg.

Principal: $1,422,222Interest: $936,891
Mortgage Amount$1,422,222
Total Interest$936,891
Est. Property Tax$1,259/mo
Total Cost$2,359,113

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

69 Diamond Jubilee Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,650/mo
Range: $4,803 - $6,497
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,650
Maintenance Fees-$0
Property Tax (est.)-$1,259
Insurance (est.)-$370
Net Cash Flow+$4,021

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 $508/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.

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 8 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 7 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.

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    69 Diamond Jubilee Drive, Markham | $1,777,777 | Battaglia Team