18 Oak Lea Circle, Markham

Price: $2,198,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13566028

Nestled on a quiet, family-friendly circle, this exceptional residence has been extensively remodelled to showcase sophisticated modern design, premium finishes and . Bright, open-concept layout with a beautiful designer kitchen and a large 12' island. The rear of the home is framed by three expansive sliding glass doors which create seamless indoor-outdoor living. Second level, has five generously sized bedrooms and a convenient second-floor laundry. The primary suite has a large walk-in closet and luxurious spa-inspired ensuite. The fully finished lower level provides exceptional additional living space, featuring a sixth bedroom currently configured as a private gym, an additional bathroom with heated floors, a spacious recreation room with a wet bar and bar fridge, large storage room, and an oversized cold cellar. Designed with modern convenience in mind, the home is equipped with extensive smart-home technology, including two EV charging outlets, an eight-camera outdoor security system, smart lighting, Wi-Fi-enabled irrigation system, Wi-Fi enabled smart lock in mudroom, Wi-Fi controlled garage door opener and Wi-Fi pool controls. Designer-inspired exterior upgrades further enhance the home's impressive curb appeal. The private backyard oasis with deck, pool, hot tub, and pergola. Ideally situated just minutes from GO Transit, the York Region Bus Terminal, Markham Stouffville Hospital, parks, shopping, restaurants, top-ranked schools, and the historic charm of Main Street Markham.

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$2,198,000 - 18 Oak Lea Circle, Markham

Detached for Sale in Markham

39 days on market

Neighbourhood: Markham Village

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13566028
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
RIGHT AT HOME REALTY
Description

Nestled on a quiet, family-friendly circle, this exceptional residence has been extensively remodelled to showcase sophisticated modern design, premium finishes and . Bright, open-concept layout with a beautiful designer kitchen and a large 12' island. The rear of the home is framed by three expansive sliding glass doors which create seamless indoor-outdoor living. Second level, has five generously sized bedrooms and a convenient second-floor laundry. The primary suite has a large walk-in closet and luxurious spa-inspired ensuite. The fully finished lower level provides exceptional additional living space, featuring a sixth bedroom currently configured as a private gym, an additional bathroom with heated floors, a spacious recreation room with a wet bar and bar fridge, large storage room, and an oversized cold cellar. Designed with modern convenience in mind, the home is equipped with extensive smart-home technology, including two EV charging outlets, an eight-camera outdoor security system, smart lighting, Wi-Fi-enabled irrigation system, Wi-Fi enabled smart lock in mudroom, Wi-Fi controlled garage door opener and Wi-Fi pool controls. Designer-inspired exterior upgrades further enhance the home's impressive curb appeal. The private backyard oasis with deck, pool, hot tub, and pergola. Ideally situated just minutes from GO Transit, the York Region Bus Terminal, Markham Stouffville Hospital, parks, shopping, restaurants, top-ranked schools, and the historic charm of Main Street Markham.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,722.50/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,758,400Interest: $1,158,349
Mortgage Amount$1,758,400
Total Interest$1,158,349
Est. Property Tax$1,557/mo
Total Cost$2,916,749

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: Markham Village

Discover Markham Village

Markham Village 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 Markham Village

  • 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

Markham Village 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

18 Oak Lea Circle, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,557
Insurance (est.)-$458
Net Cash Flow+$2,335

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

Fair Market Value

At $879/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.

Market Position

At 39 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.

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.

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 Markham Village

I know Markham Village 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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    18 Oak Lea Circle, Markham | $2,198,000 | Battaglia Team