122 Lichfield Road, Markham

Price: $1,098,000

4 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13466836

Welcome to 122 Lichfield Rd, a rare 2-storey freehold townhouse in the heart of Unionville with 3+1 bedrooms, 5 bathrooms, and NO monthly maintenance fees! Built in 2018 with an impressive 2216sf (MPAC) of living space above ground plus finished basement! Set on a quiet, family-friendly street with no sidewalk and parking for 3 cars, this beautifully maintained home features a bright and spacious layout with hardwood floors throughout, 9-ft ceilings, LED pot lights, and a gourmet kitchen complete with an oversized island, breakfast bar, water filter, and direct walk-out to a private backyard with interlocking patio and gas connection! The second floor offers 3 generously sized bedrooms with walk-in closets and 3 full bathrooms, creating exceptional comfort and privacy for the whole family. The professionally finished basement adds incredible versatility with a 4th bedroom, 9-ft ceiling, walk-in closet, upgraded oversized window, 3-piece bath, rec space, and additional plumbing rough-in. Additional features including dual-thermostat, main floor laundry, and direct access to garage! Finished with an elegant brick-and-stone front exterior, this home is just minutes to highly regarded Unionville High School, Downtown Markham, York University Markham Campus, Whole Foods, T&T Supermarket, parks, restaurants, Unionville GO Station, and Highways 407 & 404. Freshly Painted and Move-in Ready, the perfect blend of space, function, and convenience! Do Not Miss!

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$1,098,000 - 122 Lichfield Road, Markham

Townhouse for Sale in Markham

Neighbourhood: Unionville

4Beds
5Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13466836
Property Type
Townhouse
Status
active
Days on Site
17
Bedrooms
4
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
BAY STREET GROUP INC.
Description

Welcome to 122 Lichfield Rd, a rare 2-storey freehold townhouse in the heart of Unionville with 3+1 bedrooms, 5 bathrooms, and NO monthly maintenance fees! Built in 2018 with an impressive 2216sf (MPAC) of living space above ground plus finished basement! Set on a quiet, family-friendly street with no sidewalk and parking for 3 cars, this beautifully maintained home features a bright and spacious layout with hardwood floors throughout, 9-ft ceilings, LED pot lights, and a gourmet kitchen complete with an oversized island, breakfast bar, water filter, and direct walk-out to a private backyard with interlocking patio and gas connection! The second floor offers 3 generously sized bedrooms with walk-in closets and 3 full bathrooms, creating exceptional comfort and privacy for the whole family. The professionally finished basement adds incredible versatility with a 4th bedroom, 9-ft ceiling, walk-in closet, upgraded oversized window, 3-piece bath, rec space, and additional plumbing rough-in. Additional features including dual-thermostat, main floor laundry, and direct access to garage! Finished with an elegant brick-and-stone front exterior, this home is just minutes to highly regarded Unionville High School, Downtown Markham, York University Markham Campus, Whole Foods, T&T Supermarket, parks, restaurants, Unionville GO Station, and Highways 407 & 404. Freshly Painted and Move-in Ready, the perfect blend of space, function, and convenience! Do Not Miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,856.82/mo

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5-yr fixed avg.

Principal: $878,400Interest: $578,647
Mortgage Amount$878,400
Total Interest$578,647
Est. Property Tax$778/mo
Total Cost$1,457,047

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: Unionville

Discover Unionville

Unionville 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 Unionville

  • 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

Unionville 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

122 Lichfield Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,373

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

Competitive Pricing

At $549/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 17 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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.

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.

About Unionville

I know Unionville 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.

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    122 Lichfield Road, Markham | $1,098,000 | Battaglia Team