27 East Drive, Markham

Price: $1,198,000

4 bedrooms, 5 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13652974

**Backing onto Ravine" in High Ranking School District - "Unionville" , 50' x 329' Deep Lot with HUGE Backyard! Bright & Spacious Detached Home w/ Long Driveway & 2 units with separate entrance in central downtown Unionville. Unit 1 ( Rental $3200/month) with Open concept kitchen/living area w/large windows. 3 Bedrooms 3.5 Bathrooms & Laundry Room. Large Rec room in basement can be used as 4th bedroom. Unit 2 ( Rental $1450 /month ) with Separate kitchen & laundry, Bedroom and Bathroom. Huge south facing backyard backs onto Rouge River & Trees. Long Driveway can Park 6 Cars. Close to all amenities in Downtown Unionville. Steps to public transit & Main St. Historical District. Mins to Supermarkets, Shopping Plaza & Hwy404, **High Ranking schools - Parkview Public School & Markville Secondary School .

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$1,198,000 - 27 East Drive, Markham

Detached for Sale in Markham

Neighbourhood: Unionville

4Beds
5Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
N13652974
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
5
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HOMELIFE LANDMARK RH REALTY
Description

**Backing onto Ravine" in High Ranking School District - "Unionville" , 50' x 329' Deep Lot with HUGE Backyard! Bright & Spacious Detached Home w/ Long Driveway & 2 units with separate entrance in central downtown Unionville. Unit 1 ( Rental $3200/month) with Open concept kitchen/living area w/large windows. 3 Bedrooms 3.5 Bathrooms & Laundry Room. Large Rec room in basement can be used as 4th bedroom. Unit 2 ( Rental $1450 /month ) with Separate kitchen & laundry, Bedroom and Bathroom. Huge south facing backyard backs onto Rouge River & Trees. Long Driveway can Park 6 Cars. Close to all amenities in Downtown Unionville. Steps to public transit & Main St. Historical District. Mins to Supermarkets, Shopping Plaza & Hwy404, **High Ranking schools - Parkview Public School & Markville Secondary School .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,299.16/mo

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5-yr fixed avg.

Principal: $958,400Interest: $631,347
Mortgage Amount$958,400
Total Interest$631,347
Est. Property Tax$849/mo
Total Cost$1,589,747

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: Unionville

Discover Unionville

Unionville 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 Unionville

  • 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

Unionville 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

27 East Drive, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,101

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 $799/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 16 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.

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 Unionville

I know Unionville 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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    27 East Drive, Markham | $1,198,000 | Battaglia Team