15 Sissons Way, Markham

Price: $1,100,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13645976

Rarely offered and unlike anything else on the market, welcome to 15 Sissons Way, an exceptional end-unit townhome nestled in Markham's prestigious Cedar Grove community. Built in 2023 and offering approximately 2,650 sq. ft. of total living space across two self-contained units, this remarkable legal duplex blends luxury living with immediate rental income, creating an exceptional opportunity for homeowners, multigenerational families, and savvy investors alike. Sun-filled interiors, elegant wall panelling, and contemporary finishes complement a thoughtfully designed floor plan that balances everyday comfort with effortless entertaining. The upper residence spans the second and third levels, offering four spacious bedrooms, three beautifully appointed bathrooms, and a bright open-concept layout. The gourmet kitchen features premium stainless steel appliances, abundant cabinetry, a large centre island, and flows seamlessly into the inviting living and dining areas, creating the perfect space for everyday living. The serene primary retreat offers a walk-in closet and spa-inspired ensuite, while the additional bedrooms provide flexibility for a growing family, guests, or a home office. What truly sets this home apart is the fully self-contained legal one-bedroom suite with its own private entrance, separate laundry, full bathroom, and walk-out to the fully fenced backyard. Currently leased to an AAA tenant for $1,990 per month until January 1, 2027, it provides dependable income from day one to help offset your mortgage. Enhanced by its desirable end-unit location, the home enjoys added privacy, extra windows, abundant natural light, an attached garage, and a private driveway. Ideally located just minutes from top-rated schools, parks, Boxgrove Centre, Markham Stouffville Hospital, Cornell Community Centre, shopping, restaurants, the Viva Cornell Bus Terminal, and Highways 7, 407, and 404.

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$1,100,000 - 15 Sissons Way, Markham

Townhouse for Sale in Markham

Neighbourhood: Cedar Grove

6Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13645976
Property Type
Townhouse
Status
active
Days on Site
17
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Rarely offered and unlike anything else on the market, welcome to 15 Sissons Way, an exceptional end-unit townhome nestled in Markham's prestigious Cedar Grove community. Built in 2023 and offering approximately 2,650 sq. ft. of total living space across two self-contained units, this remarkable legal duplex blends luxury living with immediate rental income, creating an exceptional opportunity for homeowners, multigenerational families, and savvy investors alike. Sun-filled interiors, elegant wall panelling, and contemporary finishes complement a thoughtfully designed floor plan that balances everyday comfort with effortless entertaining. The upper residence spans the second and third levels, offering four spacious bedrooms, three beautifully appointed bathrooms, and a bright open-concept layout. The gourmet kitchen features premium stainless steel appliances, abundant cabinetry, a large centre island, and flows seamlessly into the inviting living and dining areas, creating the perfect space for everyday living. The serene primary retreat offers a walk-in closet and spa-inspired ensuite, while the additional bedrooms provide flexibility for a growing family, guests, or a home office. What truly sets this home apart is the fully self-contained legal one-bedroom suite with its own private entrance, separate laundry, full bathroom, and walk-out to the fully fenced backyard. Currently leased to an AAA tenant for $1,990 per month until January 1, 2027, it provides dependable income from day one to help offset your mortgage. Enhanced by its desirable end-unit location, the home enjoys added privacy, extra windows, abundant natural light, an attached garage, and a private driveway. Ideally located just minutes from top-rated schools, parks, Boxgrove Centre, Markham Stouffville Hospital, Cornell Community Centre, shopping, restaurants, the Viva Cornell Bus Terminal, and Highways 7, 407, and 404.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,865.67/mo

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5-yr fixed avg.

Principal: $880,000Interest: $579,701
Mortgage Amount$880,000
Total Interest$579,701
Est. Property Tax$779/mo
Total Cost$1,459,701

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: Cedar Grove

Discover Cedar Grove

Cedar Grove 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 Cedar Grove

  • 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

Cedar Grove 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

15 Sissons Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,080/mo
Range: $3,468 - $4,692
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,080
Maintenance Fees-$0
Property Tax (est.)-$779
Insurance (est.)-$229
Net Cash Flow+$3,072

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 $550/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.

Excellent Flexibility

With 6 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.

Bathroom Count Matters

With 4 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 Cedar Grove

I know Cedar Grove 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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    15 Sissons Way, Markham | $1,100,000 | Battaglia Team