132 Mumbai Drive, Markham

Price: $949,990

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13521202

Move into something brand new, without the wait.This never-lived-in, 1,506 sq. ft. freehold end-unit townhome by Remington Homes is complete and ready for immediate occupancy. Positioned with a Feng Shui-friendly driveway orientation that is not directly aligned with the street, this home combines thoughtful design with everyday comfort in one of Markham's most established family communities. Natural light fills the additional windows unique to an end unit, while 9-foot ceilings on the main and second floors create an open, airy feel throughout. The main floor features hardwood flooring, a spacious kitchen with granite countertops, a large island, and generous cabinetry, creating a space that is equally suited to everyday living and entertaining. Upstairs, the primary bedroom offers a walk-in closet and a private ensuite with a free standing soaker tub. Two additional bedrooms provide flexibility for family, guests, or a home office.The finished basement, complete with a 3-piece bathroom, extends the living space and adapts easily to your lifestyle. Located beside the Aaniin Community Centre, you'll enjoy easy access to parks, schools, recreation facilities, nature trails, transit, and major highways. Whether it's morning walks, children's activities, or your daily commute, everything is close at hand. A brand-new home means more than fresh finishes. It means being the first to unlock the front door, the first to cook in the kitchen, and the first to make it your own.

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active
New Listing
1/25

$949,990 - 132 Mumbai Drive, Markham

Townhouse for Sale in Markham

New — Listed 2 days ago

Neighbourhood: Middlefield

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13521202
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
ENGEL & VOLKERS TORONTO CITY
Description

Move into something brand new, without the wait.This never-lived-in, 1,506 sq. ft. freehold end-unit townhome by Remington Homes is complete and ready for immediate occupancy. Positioned with a Feng Shui-friendly driveway orientation that is not directly aligned with the street, this home combines thoughtful design with everyday comfort in one of Markham's most established family communities. Natural light fills the additional windows unique to an end unit, while 9-foot ceilings on the main and second floors create an open, airy feel throughout. The main floor features hardwood flooring, a spacious kitchen with granite countertops, a large island, and generous cabinetry, creating a space that is equally suited to everyday living and entertaining. Upstairs, the primary bedroom offers a walk-in closet and a private ensuite with a free standing soaker tub. Two additional bedrooms provide flexibility for family, guests, or a home office.The finished basement, complete with a 3-piece bathroom, extends the living space and adapts easily to your lifestyle. Located beside the Aaniin Community Centre, you'll enjoy easy access to parks, schools, recreation facilities, nature trails, transit, and major highways. Whether it's morning walks, children's activities, or your daily commute, everything is close at hand. A brand-new home means more than fresh finishes. It means being the first to unlock the front door, the first to cook in the kitchen, and the first to make it your own.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,873.94/mo

Includes CMHC insurance ($26,505)

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5-yr fixed avg.

Principal: $854,991Interest: $580,687
Mortgage Amount$881,496
Total Interest$580,687
Est. Property Tax$673/mo
Total Cost$1,462,182

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: Middlefield

Discover Middlefield

Middlefield 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 Middlefield

  • 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

Middlefield 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

132 Mumbai Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$673
Insurance (est.)-$198
Net Cash Flow+$1,859

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 $633/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.

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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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 Middlefield

I know Middlefield 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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    132 Mumbai Drive, Markham | $949,990 | Battaglia Team