174 Roy Rainey Avenue, Markham

Price: $999,000

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: N13520036

Welcome to this bright and spacious end-unit semi-detached home, filled with an abundance of natural sunlight throughout. Featuring 4 generously sized bedrooms plus a dedicated office, this home offers the perfect layout for growing families, professionals woking from home, or multi-generational living. Enjoy an open and functional floor plan, a long private driveway with parking for up to 4 vehicles including the garage, and a prime location close to every convenience. Situated in a highly sought-after family-friendly neighbourhood, this homes is surrounded by top-rated schools, including Bur Oak Secondary School, and is just minutes to the GO Station, YRT transit, hospital, community centre, parks, shopping, restaurants, and everyday amenities. A fantastic opportunity to own a sun-filled home in one of Markham's most desiable communitis.

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New Listing
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$999,000 - 174 Roy Rainey Avenue, Markham

Semi-Detached for Sale in Markham

New — Listed 4 days ago

Neighbourhood: Wismer

4Beds
3Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
N13520036
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX EXCEL REALTY LTD.
Description

Welcome to this bright and spacious end-unit semi-detached home, filled with an abundance of natural sunlight throughout. Featuring 4 generously sized bedrooms plus a dedicated office, this home offers the perfect layout for growing families, professionals woking from home, or multi-generational living. Enjoy an open and functional floor plan, a long private driveway with parking for up to 4 vehicles including the garage, and a prime location close to every convenience. Situated in a highly sought-after family-friendly neighbourhood, this homes is surrounded by top-rated schools, including Bur Oak Secondary School, and is just minutes to the GO Station, YRT transit, hospital, community centre, parks, shopping, restaurants, and everyday amenities. A fantastic opportunity to own a sun-filled home in one of Markham's most desiable communitis.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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: Wismer

Discover Wismer

Wismer 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 Wismer

  • 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

Wismer 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

174 Roy Rainey Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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 $666/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.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

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 Wismer

I know Wismer 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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    174 Roy Rainey Avenue, Markham | $999,000 | Battaglia Team