22 Duke of Cornwall Drive, Markham

Price: $1,828,000

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13686602

This is the perfect home for every stage of life! A rare opportunity to own a luxurious Monarch-built residence in the highly sought-after Victoria Square community. Beautifully renovated and meticulously maintained, this elegant family home offers over 3,000 sq.ft. above grade plus a professionally finished basement, blending timeless sophistication with modern comfort. The thoughtfully designed layout features 9-ft smooth ceilings on Main floor, hardwood floor, and upgraded high-profile baseboards throughout the main and second floors. The inviting family room showcases elegant wainscoting and a cozy gas fireplace, while the spacious living and dining rooms flow seamlessly for effortless entertaining.The gourmet kitchen is equipped with stainless steel appliances, a centre island, and a walkout to the backyard, adjoining a bright breakfast area filled with natural light. Upstairs offers four generously sized bedrooms plus a spacious library/sitting area, ideal as a home office or reading lounge. The luxurious primary retreat features his-and-hers walk-in closets, exquisite wainscoting, and a spa-inspired 5-piece ensuite. A second bedroom features a private 4-piece ensuite, while the remaining two bedrooms share a convenient 4-piece semi-ensuite. The professionally finished basement extends the living space with a spacious recreation room featuring a bar area with a wine fridge, a great room, a guest bedroom, and a full bathroom-perfect for entertaining or accommodating extended family. Step outside to a fully fenced backyard complete with a beautiful stone patio, ideal for outdoor gatherings and relaxation. Located just steps from Victoria Square, a top-ranking elementary school, parks, and playgrounds, with easy access to Hwy 404, GO Transit, York Region Transit, Richmond Green Sports Centre, Costco, and prestigious private schools.

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New Listing
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$1,828,000 - 22 Duke of Cornwall Drive, Markham

Detached for Sale in Markham

New — Listed 6 days ago

Neighbourhood: Victoria Square

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13686602
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX REALTRON LUCKY PENNY HOMES REALTY
Description

This is the perfect home for every stage of life! A rare opportunity to own a luxurious Monarch-built residence in the highly sought-after Victoria Square community. Beautifully renovated and meticulously maintained, this elegant family home offers over 3,000 sq.ft. above grade plus a professionally finished basement, blending timeless sophistication with modern comfort. The thoughtfully designed layout features 9-ft smooth ceilings on Main floor, hardwood floor, and upgraded high-profile baseboards throughout the main and second floors. The inviting family room showcases elegant wainscoting and a cozy gas fireplace, while the spacious living and dining rooms flow seamlessly for effortless entertaining.The gourmet kitchen is equipped with stainless steel appliances, a centre island, and a walkout to the backyard, adjoining a bright breakfast area filled with natural light. Upstairs offers four generously sized bedrooms plus a spacious library/sitting area, ideal as a home office or reading lounge. The luxurious primary retreat features his-and-hers walk-in closets, exquisite wainscoting, and a spa-inspired 5-piece ensuite. A second bedroom features a private 4-piece ensuite, while the remaining two bedrooms share a convenient 4-piece semi-ensuite. The professionally finished basement extends the living space with a spacious recreation room featuring a bar area with a wine fridge, a great room, a guest bedroom, and a full bathroom-perfect for entertaining or accommodating extended family. Step outside to a fully fenced backyard complete with a beautiful stone patio, ideal for outdoor gatherings and relaxation. Located just steps from Victoria Square, a top-ranking elementary school, parks, and playgrounds, with easy access to Hwy 404, GO Transit, York Region Transit, Richmond Green Sports Centre, Costco, and prestigious private schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,085.86/mo

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5-yr fixed avg.

Principal: $1,462,400Interest: $963,358
Mortgage Amount$1,462,400
Total Interest$963,358
Est. Property Tax$1,295/mo
Total Cost$2,425,758

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: Victoria Square

Discover Victoria Square

Victoria Square 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 Victoria Square

  • 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

Victoria Square 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

22 Duke of Cornwall Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,295
Insurance (est.)-$381
Net Cash Flow+$2,524

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 $609/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.

Larger Home Realities

At 3,000 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 5 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 5 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.

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    22 Duke of Cornwall Drive, Markham | $1,828,000 | Battaglia Team