$948,000 - 10 Winlaw Place, Markham
Detached for Sale in Markham
Neighbourhood: Old Markham Village
- MLS Number
- N13413892
- Property Type
- Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Lot Size
- 11,295 sqft
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Mature Old Markham Village. Steps to Historic Main Street, Morgan Pool/Park, Markham GO, shops, restaurants and year round town festivities. Nestled on private 1/4 of an acre, in a quiet court location on 93 feet WIDE in backyard Spacious 3+2 bedroom ranch style bungalow Very functional floor plan. Features sun filled basement in-law basement apartment with separate entrance, 2nd kitchen, 2 spacious bedrooms, 3 pce bath, laundry room, huge recreation room and multiple above grade windows. Roof, Windows, Furnace, Central Air, Hot Water Tank - all have been upgraded. Note: Garage has been converted to multi-use, ideal for Work Shop, Studio or can be easily converted back to single car garage. ~ Minutes from Hwy 407 ~ Must see!
Estimate your monthly payments for this property
Estimated Payment
$4,863.73/mo
Includes CMHC insurance ($26,449)
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 Old Markham Village
Old Markham Village 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 Old Markham Village
- •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
Old Markham Village 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.
10 Winlaw Place, 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 $632/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.
Market Position
At 29 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.
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.
About Old Markham Village
I know Old Markham Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $3,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.