83 Senator Reesor's Drive, Markham

Price: $1,299,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N12952272

**Rare** Highly sought-after Sherwood-Amberglenn community of Markham. This premium lot backs onto Sherwood Estates Park, offering no rear neighbours, unobstructed green views, and direct access to open greenspace - perfect for families and outdoor living. Enjoy convenience with shopping, dining, top schools, and transit minutes away, including Highway 7, Highway 407, YRT, and nearby GO stations. Outdoor enthusiasts will appreciate proximity to Rouge National Urban Park and Milne Dam Conservation Park.Set on a quiet, family-friendly street, this is a rare opportunity to own a park-backing home in one of Markham's most desirable neighbourhoods. Don't miss out!

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$1,299,000 - 83 Senator Reesor's Drive, Markham

Detached for Sale in Markham

77 days on market
4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N12952272
Property Type
Detached
Status
active
Days on Site
77
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
TIMSOLD REALTY INC.
Description

**Rare** Highly sought-after Sherwood-Amberglenn community of Markham. This premium lot backs onto Sherwood Estates Park, offering no rear neighbours, unobstructed green views, and direct access to open greenspace - perfect for families and outdoor living. Enjoy convenience with shopping, dining, top schools, and transit minutes away, including Highway 7, Highway 407, YRT, and nearby GO stations. Outdoor enthusiasts will appreciate proximity to Rouge National Urban Park and Milne Dam Conservation Park.Set on a quiet, family-friendly street, this is a rare opportunity to own a park-backing home in one of Markham's most desirable neighbourhoods. Don't miss out!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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

83 Senator Reesor's Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,109

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 $650/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.

Negotiation Opportunity

At 77 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 3 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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    83 Senator Reesor's Drive, Markham | $1,299,000 | Battaglia Team