$826,540 - 142 Mumbai Drive Unit (BLOCK 268 UNIT 5), Markham
Townhouse for Sale in Markham
Popular ListingNeighbourhood: Middlefield
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- MLS Number
- N13820996
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- INTERCITY REALTY INC.
Welcome to Brand-New Freehold Luxury Traditional 2-Storey Townhome with a backyard. The Townhouse is Being Built By a Reputable Builder Remington Homes. Superior Architecturally Designed Elevation with Brick, Stucco, Stone and Stone Accents. ARNICA MODEL 1417 sq.ft. as per Builder's plans PLUS 274 SQ.FT. OF FINISHED BASEMENT (REC ROOM AND 3 PIECE WASHROOM). The Unit is under construction and can only be viewed on the exterior. Includes Complete Central Air-Conditioning. THE PRICE LISTED IS NET OF HST REBATE. 9' ceilings on Ground and Second Floors. Natural Oak hardwood on the Main Floor. Quality Custom Crafted kitchen cabinets. Extra height Kitchen Cabinets plus Kitchen Island . Granite Counters in Kitchen and washrooms. Freestanding Tub in Primary Ensuite. Concrete Block party wall Above Grade separating Living Units. Smart Future Ready Home Wiring Package. This Subdivision is close to Aaniin Community Centre, Schools, Major Highways, Transit Routes, 2,000km Nature Trails, Golf Clubs. Purchasers to go to the Design Studio and choose their colors and finishes. The closing is approximately 6-months.
Estimate your monthly payments for this property
Estimated Payment
$4,240.58/mo
Includes CMHC insurance ($23,060)
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 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
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.
142 Mumbai Drive Unit (BLOCK 268 UNIT 5), 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 $751/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.
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.
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 $3,444 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.