88 Montgomery Court, Markham

Price: $2,499,900

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13228420

Rare Opportunity To Own Lucky Number "88" On A Quiet Tree-Lined Cul-De-Sac In One Of Markham's Most Prestigious Communities! Situated On An Impressive 60 Ft X 249 Ft Pie-Shaped Lot With Over 4,500 Sq Ft Of Finished Living Space. Fully Renovated From Top To Bottom Featuring A Stunning Natural Stone Exterior And Durable Slate Roof. Spacious Open-Concept Layout With Large Windows Offering Abundant Natural Light. Smooth Ceilings, Crown Moulding, Coffered Ceilings, Pot Lights, Upgraded Hardwood Flooring, Oak Staircase & Iron Pickets Throughout. Gourmet Kitchen With Quartz Countertops, Centre Island, Custom Cabinetry & Premium Stainless Steel Appliances. Professionally Finished Walk-Out Basement With Separate Living Area, Kitchen, Dining Area, Bedroom & 3-Piece Bath, Ideal For Extended Family Or Potential Rental Income. Beautifully Landscaped Backyard Oasis Featuring An Expansive Deck, BBQ Area, Mature Trees & Exceptional Privacy. Extra-Wide Driveway Accommodates Up To 8 Vehicles. Conveniently Located Close To Top-Ranked Schools, Shopping, Restaurants, Supermarkets, LA Fitness, Hwy 404/407, Parks & All Amenities. A Truly Exceptional Family Home Offering Luxury, Space & Convenience.

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active
New Listing
1/50

$2,499,900 - 88 Montgomery Court, Markham

Detached for Sale in Markham

New — Listed 5 days ago
5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13228420
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Rare Opportunity To Own Lucky Number "88" On A Quiet Tree-Lined Cul-De-Sac In One Of Markham's Most Prestigious Communities! Situated On An Impressive 60 Ft X 249 Ft Pie-Shaped Lot With Over 4,500 Sq Ft Of Finished Living Space. Fully Renovated From Top To Bottom Featuring A Stunning Natural Stone Exterior And Durable Slate Roof. Spacious Open-Concept Layout With Large Windows Offering Abundant Natural Light. Smooth Ceilings, Crown Moulding, Coffered Ceilings, Pot Lights, Upgraded Hardwood Flooring, Oak Staircase & Iron Pickets Throughout. Gourmet Kitchen With Quartz Countertops, Centre Island, Custom Cabinetry & Premium Stainless Steel Appliances. Professionally Finished Walk-Out Basement With Separate Living Area, Kitchen, Dining Area, Bedroom & 3-Piece Bath, Ideal For Extended Family Or Potential Rental Income. Beautifully Landscaped Backyard Oasis Featuring An Expansive Deck, BBQ Area, Mature Trees & Exceptional Privacy. Extra-Wide Driveway Accommodates Up To 8 Vehicles. Conveniently Located Close To Top-Ranked Schools, Shopping, Restaurants, Supermarkets, LA Fitness, Hwy 404/407, Parks & All Amenities. A Truly Exceptional Family Home Offering Luxury, Space & Convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,057.90/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,999,920Interest: $1,317,450
Mortgage Amount$1,999,920
Total Interest$1,317,450
Est. Property Tax$1,771/mo
Total Cost$3,317,370

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

88 Montgomery Court, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,771
Insurance (est.)-$521
Net Cash Flow+$1,658

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

Fair Market Value

At $1000/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.

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.

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 5 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 $10,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    88 Montgomery Court, Markham — $2,499,900 | Battaglia Team