307 Castlemore Avenue, Markham

Price: $1,660,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13068816

Welcome to this beautifully maintained 4+1 bedroom, 5 bathroom detached home in the prestigious Berczy community of Markham. Offering over 2,650 sq. ft. of thoughtfully designed living space (plus a finished basement), this bright, south-facing residence is filled with natural light and modern upgrades throughout. Featuring excellent curb appeal with professionally landscaped grounds, this carpet-free home showcases hardwood flooring across both levels, including newly updated flooring on the second floor. The functional layout includes a spacious living and dining area, two cozy gas fireplaces, and a family-sized eat-in kitchen complete with quartz/granite countertops, double sink, stainless steel appliances, and a walkout to a private patio-perfect for everyday living and entertaining. Upstairs, the generously sized primary suite offers a walk-in closet and a luxurious 5-piece ensuite with double sinks and a glass shower. The finished basement adds exceptional versatility with an additional bedroom, bathroom, and a secondary kitchen-ideal for extended family or potential in-law suite use. Located in a highly sought-after, family-friendly neighborhood, this home is within the top-ranking school zone of Pierre Elliott Trudeau High School and Castlemore Public School. Enjoy the convenience of being just minutes from Markville Shopping Centre, parks, restaurants, supermarkets, banks, and with easy access to Highway 407 for commuters. A perfect blend of comfort, style, and location-move in and enjoy everything this exceptional home has to offer.

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$1,660,000 - 307 Castlemore Avenue, Markham

Detached for Sale in Markham

67 days on market
5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13068816
Property Type
Detached
Status
active
Days on Site
67
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Welcome to this beautifully maintained 4+1 bedroom, 5 bathroom detached home in the prestigious Berczy community of Markham. Offering over 2,650 sq. ft. of thoughtfully designed living space (plus a finished basement), this bright, south-facing residence is filled with natural light and modern upgrades throughout. Featuring excellent curb appeal with professionally landscaped grounds, this carpet-free home showcases hardwood flooring across both levels, including newly updated flooring on the second floor. The functional layout includes a spacious living and dining area, two cozy gas fireplaces, and a family-sized eat-in kitchen complete with quartz/granite countertops, double sink, stainless steel appliances, and a walkout to a private patio-perfect for everyday living and entertaining. Upstairs, the generously sized primary suite offers a walk-in closet and a luxurious 5-piece ensuite with double sinks and a glass shower. The finished basement adds exceptional versatility with an additional bedroom, bathroom, and a secondary kitchen-ideal for extended family or potential in-law suite use. Located in a highly sought-after, family-friendly neighborhood, this home is within the top-ranking school zone of Pierre Elliott Trudeau High School and Castlemore Public School. Enjoy the convenience of being just minutes from Markville Shopping Centre, parks, restaurants, supermarkets, banks, and with easy access to Highway 407 for commuters. A perfect blend of comfort, style, and location-move in and enjoy everything this exceptional home has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,342.74/mo

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5-yr fixed avg.

Principal: $1,328,000Interest: $874,822
Mortgage Amount$1,328,000
Total Interest$874,822
Est. Property Tax$1,176/mo
Total Cost$2,202,822

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

Discover Markham

Markham 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

  • 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 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

307 Castlemore Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,176
Insurance (est.)-$346
Net Cash Flow+$2,428

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 $664/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.

Negotiation Opportunity

At 67 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 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.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    307 Castlemore Avenue, Markham | $1,660,000 | Battaglia Team