120 Drakefield Road, Markham

Price: $1,268,800

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13543252

Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community! Offering Over 2,000 Sq.Ft. Of Finished Living Space, This Move-In Ready Home Has Been Thoughtfully Updated And Continuously Improved Over The Years, Showcasing Exceptional Pride Of Ownership.Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated Full Bathroom Featuring A Marble Shower And Quartz Countertop, And Wet Bar, Offering Excellent Flexibility For Extended Family, Multi-Generational Living, Or Potential Rental Income (Buyer To Verify All Intended Uses).Numerous Quality Upgrades Include Smooth Ceilings With Pot Lights, Upgraded Flooring Throughout, Oak Staircase, An Updated Kitchen Featuring Upgraded Cabinetry, Quartz Countertops, Marble Backsplash, And Stainless Steel Appliances, Updated Bathrooms, Replaced Windows And Exterior Doors, Water Softener, Sprinkler System, And Quality Finishes Throughout.Step Outside To An Oversized Backyard Featuring A Large Deck, Perfect For Outdoor Entertaining, Summer BBQs, Family Gatherings, Or Simply Relaxing In Your Private Outdoor Retreat. Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. Enjoy The Perfect Balance Of Nature And Convenience With One Of Markham's Most Beloved Conservation Areas Right Nearby, Offering Scenic Walking Trails, Cycling Paths, Open Green Space, And Year-Round Outdoor Recreation.A Rare Combination Of Style, Functionality, Quality Upgrades, Exceptional Outdoor Living, And An Unbeatable Family-Friendly Location. Truly Move-In Ready And Not To Be Missed!

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$1,268,800 - 120 Drakefield Road, Markham

Detached for Sale in Markham

46 days on market

Neighbourhood: Bullock

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13543252
Property Type
Detached
Status
active
Days on Site
46
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Rare Opportunity To Own This Beautifully Maintained And Fully Upgraded Raised Bungalow In The Highly Sought-After Bullock Community! Offering Over 2,000 Sq.Ft. Of Finished Living Space, This Move-In Ready Home Has Been Thoughtfully Updated And Continuously Improved Over The Years, Showcasing Exceptional Pride Of Ownership.Featuring 3+1 Spacious Bedrooms, A Bright And Functional Layout, And A Walk-Out Basement With Separate Entrance, Large Recreation Area, Additional Bedroom, Updated Full Bathroom Featuring A Marble Shower And Quartz Countertop, And Wet Bar, Offering Excellent Flexibility For Extended Family, Multi-Generational Living, Or Potential Rental Income (Buyer To Verify All Intended Uses).Numerous Quality Upgrades Include Smooth Ceilings With Pot Lights, Upgraded Flooring Throughout, Oak Staircase, An Updated Kitchen Featuring Upgraded Cabinetry, Quartz Countertops, Marble Backsplash, And Stainless Steel Appliances, Updated Bathrooms, Replaced Windows And Exterior Doors, Water Softener, Sprinkler System, And Quality Finishes Throughout.Step Outside To An Oversized Backyard Featuring A Large Deck, Perfect For Outdoor Entertaining, Summer BBQs, Family Gatherings, Or Simply Relaxing In Your Private Outdoor Retreat. Parking Is Never An Issue With An Attached Garage And An Extra-Long Private Driveway Accommodating Up To 5 Additional Vehicles.Ideally Located Just Minutes To Milne Dam Conservation Park, Markville Mall, GO Transit, Highway 407, Top-Rated Schools, Parks, Shopping, Restaurants, And Everyday Amenities. Enjoy The Perfect Balance Of Nature And Convenience With One Of Markham's Most Beloved Conservation Areas Right Nearby, Offering Scenic Walking Trails, Cycling Paths, Open Green Space, And Year-Round Outdoor Recreation.A Rare Combination Of Style, Functionality, Quality Upgrades, Exceptional Outdoor Living, And An Unbeatable Family-Friendly Location. Truly Move-In Ready And Not To Be Missed!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,612.33/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,015,040Interest: $668,659
Mortgage Amount$1,015,040
Total Interest$668,659
Est. Property Tax$899/mo
Total Cost$1,683,699

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: Bullock

Discover Bullock

Bullock 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 Bullock

  • 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

Bullock 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

120 Drakefield Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$899
Insurance (est.)-$264
Net Cash Flow+$2,037

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

Premium Pricing

At $1153/sqft, this property is priced above the Markham average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 46 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

About Bullock

I know Bullock 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 $5,287 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    120 Drakefield Road, Markham | $1,268,800 | Battaglia Team