$1,688,000 - 86 Princess Diana Drive, Markham
New Construction for Sale in Markham
39 days on market- MLS Number
- N13085728
- Property Type
- New Construction
- Status
- active
- Days on Site
- 39
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- INTERCITY REALTY INC.
Welcome to this beautifully maintained double garage detached home in sought-after Cathedral Town! This bright and inviting property features a spacious layout with hardwood flooring and 9 foot ceiling throughout the main floor! The home welcomes you with an impressive open-to-above foyer, creating a grand first impression and filling the space with natural light. The functional layout is perfect for both everyday living and entertaining, with generously sized principal rooms and a seamless flow throughout. Upstairs, you'll find comfortable bedrooms ideal for families, while the double garage and extended driveway provide parking for up to four additional vehicles, offering convenience for guests and multi-car households. Located in a family-friendly community, this home is close to top-rated schools, parks, and a variety of shopping and dining options. Enjoy nearby green spaces, walking trails, and recreational facilities that make this area highly sought after. 2 minutes to highway 404 and close to GO bus station, it doesn't get more convenient than that!
Estimate your monthly payments for this property
Estimated Payment
$7,466.59/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.
86 Princess Diana Drive, Markham
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Rental income estimator & ROI calculator
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 $844/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 39 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.
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 $7,033 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.