158 Mumbai Drive, Markham

Price: $949,990

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13513640

Welcome to this Freehold Luxury Traditional 2-Storey Townhome. Built by a reputable builder Remington Homes. Well designed Ginseng End Unit 1,506 Sq. Ft. as per builder's plans. Many extra side windows provide a lot of natural light. 9' ceilings on main and second floors. Granite counters in kitchen and washrooms. Hardwood on ground floor. Extra height kitchen cabinets plus kitchen island. Freestanding tub in primary ensuite. Finished Rec Room in the basement with a 3-Piece washroom for your convenience. Over $40K in upgrades (upper hallway hardwood, upgraded hardwood, upgraded stairs and pickets, upgraded interior doors, upgraded basement stairs, kitchen backsplash, 11 pot lights, Level 2 upgrade kitchen cabinets, upgraded quartz countertop in all bathrooms. This subdivision is next to Aaniin Community Centre, schools, major highways, transit routes, 2,000 km Nature Trails, gold clubs. Flexible closing available (30, 60, 90 days). The images have been virtually staged. Furnishings and decor have been digitally added and may not represent the actual property. ** Prices are inclusive of H.S.T. and buyers are eligible for the enhanced H.S.T. rebate off this price **

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New Listing
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$949,990 - 158 Mumbai Drive, Markham

Townhouse for Sale in Markham

New — Listed 4 days ago

Neighbourhood: Middlefield

3Beds
4Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13513640
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
INTERCITY REALTY INC.
Description

Welcome to this Freehold Luxury Traditional 2-Storey Townhome. Built by a reputable builder Remington Homes. Well designed Ginseng End Unit 1,506 Sq. Ft. as per builder's plans. Many extra side windows provide a lot of natural light. 9' ceilings on main and second floors. Granite counters in kitchen and washrooms. Hardwood on ground floor. Extra height kitchen cabinets plus kitchen island. Freestanding tub in primary ensuite. Finished Rec Room in the basement with a 3-Piece washroom for your convenience. Over $40K in upgrades (upper hallway hardwood, upgraded hardwood, upgraded stairs and pickets, upgraded interior doors, upgraded basement stairs, kitchen backsplash, 11 pot lights, Level 2 upgrade kitchen cabinets, upgraded quartz countertop in all bathrooms. This subdivision is next to Aaniin Community Centre, schools, major highways, transit routes, 2,000 km Nature Trails, gold clubs. Flexible closing available (30, 60, 90 days). The images have been virtually staged. Furnishings and decor have been digitally added and may not represent the actual property. ** Prices are inclusive of H.S.T. and buyers are eligible for the enhanced H.S.T. rebate off this price **

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%10%50%

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

158 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 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 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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    158 Mumbai Drive, Markham | $949,990 | Battaglia Team