23 Essence Lane, Markham

Price: $1,930,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Townhouse

MLS#: N13448120

100% Freehold End unit town home with extra windows, facing South East to the feature park in Angus Glen South Village. 2770 sq. ft. 4 bedrooms, 3 bathrooms + 2 Powder rooms! Gorgeous Kitchen with Sub Zero/Wolf appliances, Large stand alone Island, Quartz counters & bar area with extra cabinets. Open concept to family room with electric fireplace & walk out to terrace & BBQ gas line. Combined Living/ Dining rooms & separate office all on main level. High quality 3 pane 'Loft' style windows throughout. 9'10' 9' smooth ceilings, Hardwood & Hardwood stairs, Interior & exterior Pot lights. Ground floor Recreation room, powder room, access to 2 car garage with electric car charger. Close to all area amenities, Grocery store, Golf, transit, Pierre Elliot High School, Too Good Pond & walking trails. The neighbourhood is surrounded by protected green space.

23 Essence Lane - Townhouse photo 1 of 8 in Markham, Ontario
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$1,930,000 - 23 Essence Lane, Markham

Townhouse for Sale in Markham

Neighbourhood: Cachet

4Beds
5Baths
2,500 - 2,999Sq Ft
Townhouse
Property Details
MLS Number
N13448120
Property Type
Townhouse
Status
active
Days on Site
22
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

100% Freehold End unit town home with extra windows, facing South East to the feature park in Angus Glen South Village. 2770 sq. ft. 4 bedrooms, 3 bathrooms + 2 Powder rooms! Gorgeous Kitchen with Sub Zero/Wolf appliances, Large stand alone Island, Quartz counters & bar area with extra cabinets. Open concept to family room with electric fireplace & walk out to terrace & BBQ gas line. Combined Living/ Dining rooms & separate office all on main level. High quality 3 pane 'Loft' style windows throughout. 9'10' 9' smooth ceilings, Hardwood & Hardwood stairs, Interior & exterior Pot lights. Ground floor Recreation room, powder room, access to 2 car garage with electric car charger. Close to all area amenities, Grocery store, Golf, transit, Pierre Elliot High School, Too Good Pond & walking trails. The neighbourhood is surrounded by protected green space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,537.04/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,544,000Interest: $1,017,112
Mortgage Amount$1,544,000
Total Interest$1,017,112
Est. Property Tax$1,367/mo
Total Cost$2,561,112

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: Cachet

Discover Cachet

Cachet 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 Cachet

  • 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

Cachet 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

23 Essence Lane, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,680/mo
Range: $3,128 - $4,232
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,680
Maintenance Fees-$0
Property Tax (est.)-$1,367
Insurance (est.)-$402
Net Cash Flow+$1,911

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 $772/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.

Market Position

At 22 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.

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.

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 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.

About Cachet

I know Cachet 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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    23 Essence Lane, Markham | $1,930,000 | Battaglia Team