$999,000 - 12 Sir Pellias Terrace, Markham
Detached for Sale in Markham
New — Listed yesterdayNeighbourhood: Markham Village
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- MLS Number
- N13866310
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Taxes (2026)
- $5,521
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY SW REALTY
Welcome to 12 Sir Pellias Terrace, an elegantly reimagined bungalow set on a coveted 60-foot lot in prestigious Markham Village. Thoughtfully updated throughout 2026, this 3+2 bedroom, 2 bathroom residence pairs timeless character with refined, contemporary finishes for effortless single-level living.At the heart of the home, a designer-inspired kitchen showcases custom shaker-style cabinetry, elegant brass hardware, and premium quartz countertops, centred by a striking island with integrated cooktop and breakfast bar. Rich hardwood flooring, expansive bay windows, and zoned pot lighting lend the open-concept main floor a bright, airy sophistication. The main floor bath, never used, offers a spa-like retreat with a solid wood vanity, a freestanding soaker tub with floor-mounted faucets, and a glass-enclosed shower.The fully finished lower level offers exceptional versatility, with a separate entrance, two generously proportioned bedrooms, a 3-piece bathroom, and a full eat-in kitchen, perfectly suited to multi-generational living or a private in-law suite. Plush new broadloom underfoot completes the space.Additional refinements include a new 30-year architectural roof and a striking new architectural garage door with automatic opener. 200 Amp Service.A rare offering of move-in-ready comfort and future potential on an exceptional 60-foot frontage, moments from top-rated schools, French Immersion programs, parks, and Markham Stouffville Hospital.A polished, single-storey retreat, offered at remarkable value.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Village
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 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
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.
12 Sir Pellias Terrace, 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
Fair Market Value
At $908/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.
About Markham Village
I know 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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.