$3,488,000 - 16 Wild Cherry Lane, Markham
Detached for Sale in Markham
New — Listed yesterdayNeighbourhood: Royal Orchard
- MLS Number
- N13528808
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
This Iconic Masterpiece Expertly Crafted In 2023, In The Prestigious Pocket of Royal Orchard On A Quiet Corner Lot, Boasting A Perfect Blend Of Contemporary/Modern Design, The Latest Tech&Comfort,Sophistication&Elegance >> 4,031 Sq.Ft + Finished W/O Basement >> Total ~ 5,700 S.F! This Beauty Delivers Extensive Use of Custom Millwork& Crafted Built-Ins Enriched with Modern Designer Stylish Accents: Blending Wood, Porcelain Slabs,Glass,Mirror,Custom Light Fixtures,Inlay Led Lighting& Other Trendy Materials! Timeless Curb Appeal with Quality Pre-Cast Facade! Wide 8" Engineered Hardwood Porcelain Slabs for Flrs! Open Concept Living/Dining/Staircase/Foyer&Library! A Comfortable Elevator with 3 Stops! Open Rising Main Staircase withTempered Glass Railing, Oak Hand-railing & Skylights Above. Elegant Modern Open Concept Library with Incredible Designer Accent Wall Includes Porcelain Slab& Hidden/Inlay Lighting, Custom Built-In Shelves! Main Level with 10' Ceiling, Large Dramatic Family Rm with Modern Wall Unit, Gas Fireplaces and A Decorative Wine/Drink Rack Walk-Out to A Family Sized Deck. The Chef-Inspired Kitchen Includes Quality Cabinetry, State-Of-The-Art Appliances, Island, Breakfast Bar, Countertops& An Extra Catering Kitchen/Servery. Amazing Guest Closets with Mirror and Fantastic Powder Rm with Magnificent Design. Upstairs with ~9' Cling Includes the Primary Suite Showcases a Designer Bed Board, Two-Way Fireplace, Boudoir Boutique Style Walk-In Closet& Make-Up Desk, Spa-Inspired 6-Pc Ensuite with Smart Toilet& Heated Flr. Additional 3 Bedrooms Offer Own Ensuite, and Walk-In Closet! The Finished Walk Out Lower Level Boasts 10' Clings, Heated Floors, A Beautiful Wall Unit, Center Island, Full 2nd Kitchen, Nanny Rm, 2nd Bedroom/Gym& 2nd Laundry Rm! Outside Features: Underground Irrigation System, Large Extra Side Yards, Fully Fenced Backyard and A Gate! Heated Flr: Foyer, Powder Rm, Basement, Garage,and Master Ensuite! Snow Melting for Driveway,Steps,Outside Landing.
Estimate your monthly payments for this property
Estimated Payment
$15,428.60/mo
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 Royal Orchard
Royal Orchard 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 Royal Orchard
- •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
Royal Orchard 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.
16 Wild Cherry Lane, Markham
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $997/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Detached Home Advantages
Detached homes in Markham are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 7 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.