42 Parkway Avenue, Markham, ON

$1,398,000
MLS#:N8433808
7 beds
3 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,398,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 3 Bathrooms
  • Premium 75.5 x 125 ft lot size
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Discover a one-of-a-kind home in the highly sought-after Markham Village. This gem sits on a premium corner lot, boasting 75 feet of frontage on Parkway and 125 feet on Paramount, situated directly across from Paramount Park, ensuring no neighbours out front obstructing your view. This turn-key home has everything you need. Upstairs, you'll find 4 bedrooms, including one in a separate wing of the house, ideal for home-based business professionals. This unique layout allows you to welcome clients without them needing to walk through your entire home, providing privacy and convenience. The living room and dining room offer a great flow, centered around a stone-clad wood fireplace and a large bay window that overlooks the front yard, creating a warm and inviting atmosphere. The basement has been fully renovated and is ready to be used however you please. It's wired and plumbed for a separate apartment but remains fully connected to the main floor, offering flexibility whether you want to use it for additional living space or as an income-generating rental unit. Step outside to a spacious and lush backyard with a large lawn area, surrounded by a brand-new pressure-treated fence, perfect for outdoor activities and gatherings. This home is adaptable to any vision you have, making it perfect for a variety of lifestyles and needs. Whether you're looking for a place to call home or a unique investment opportunity, this property has what you are looking for. Don't miss out on this incredible chance to own a versatile and beautifully maintained home in Markham Village.

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Key Features

Bedrooms
7
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 6, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance
Lot Size75.5 × 125 Feet
CountyYork
Annual Tax$6,302.33
Legal DescriptionPlan 5223 Lot 27

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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42 Parkway Avenue, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Parkway Avenue, Markham, ON L3P 2G3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,118,400
Monthly Mortgage$6,498
Property Tax (Est.)$525
Utilities & Maint.$350
Total Monthly Cost$7,373

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Markham.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Old Markham Village, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,280,951

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

James Robinson
Public90 Robinson Street, Markham, Ontario, L3P 1N9
6.4
Ramer Wood
Public11 Cairns Drive, Markham, Ontario, L3P 7M8
7.1
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8
Roy H Crosby
Public115 Drakefield Road, Markham, Ontario, L3P 1G9
8.6
Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0

Secondary Schools

Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.