$1,399,000 - 1 Alexis Road, Markham
Detached for Sale in Markham
70 days on market- MLS Number
- N13054846
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- EXP REALTY
Welcome to 1 Alexis Road, a well-maintained detached 2-storey home situated on a premium 80-foot frontage lot, tucked away on a quiet cul-de-sac in one of Thornhill's most established and family-friendly communities. A true standout for growing families, this expansive, pool-sized lot offers the perfect setting for kids to play safely both in the backyard and on the dead-end street. This spacious residence features 4 generous bedrooms and a functional layout, including three 5-piece bathrooms on the second floor and a convenient 2-piece powder room on the main level. Proudly cared for over the years, the home offers a blend of original charm and thoughtful updates, including vinyl casement windows (2002) and California shutters throughout. The main floor provides bright, comfortable living and dining spaces ideal for everyday living and entertaining. Step outside to a fully fenced backyard complete with an interlocking patio, perfect for outdoor gatherings and relaxation. The interlocking driveway leads to a large double car garage with automatic door opener, offering ample parking and convenience. The finished basement adds exceptional versatility, featuring a bedroom, 3-piece bathroom, full bar and study room. Basement can be used as a nanny or in-law suite and ideal for extended family living or entertaining. Stay safe with alarm system and outdoor cameras. Mechanical updates include furnace (2021), A/C (2021), roof (2020), and central vacuum (2019), along with a lawn sprinkler system for easy maintenance.Located within a highly desirable school district, this home is close to top-ranked schools including Bayview Glen PS, German Mills PS, Thornlea SS & St. Robert Catholic High School. Conveniently close to parks, trails, shopping, and transit, all while being nestled in a quiet, established neighbourhood. A rare opportunity to own a solid, well-cared-for home on a premium lot in a prime Thornhill location, offering both immediate comfort and long-term potential.
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/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.
1 Alexis Road, Markham
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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
Competitive Pricing
At $560/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 70 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.
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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.