34 Morgan Avenue, Markham

Price: $1,188,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13586644

Welcome To This Spotless Bright Back split 3, 3+1 Bedrooms and 2 Full Bathrooms House In The Heart Of Prime Thornhill. Exceptional Opportunity To build your Dream Home On A Rare 50 X 130 Ft Private Lot. Large Addition, Lovely Private Treed Yard - Sides To Green Area. Functional Layout with Large and Unique Family Room. The Main Level Prim Bedroom. Large Garage, Double Tiered Deck, Free Standing Fireplace (Stunning), Large Windows. Located In A Family-Friendly Neighborhood. Walk To All Amenities, To Top-Rated Schools, Parks, Shopping, Transit.

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$1,188,000 - 34 Morgan Avenue, Markham

Detached for Sale in Markham

34 days on market

Neighbourhood: Thornhill

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
N13586644
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Listing Brokerage
ROYAL LEPAGE PEACELAND STEVEN SUN REALTY
Description

Welcome To This Spotless Bright Back split 3, 3+1 Bedrooms and 2 Full Bathrooms House In The Heart Of Prime Thornhill. Exceptional Opportunity To build your Dream Home On A Rare 50 X 130 Ft Private Lot. Large Addition, Lovely Private Treed Yard - Sides To Green Area. Functional Layout with Large and Unique Family Room. The Main Level Prim Bedroom. Large Garage, Double Tiered Deck, Free Standing Fireplace (Stunning), Large Windows. Located In A Family-Friendly Neighborhood. Walk To All Amenities, To Top-Rated Schools, Parks, Shopping, Transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,254.92/mo

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5-yr fixed avg.

Principal: $950,400Interest: $626,077
Mortgage Amount$950,400
Total Interest$626,077
Est. Property Tax$842/mo
Total Cost$1,576,477

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: Thornhill

Discover Thornhill

Thornhill 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 Thornhill

  • 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

Thornhill 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

34 Morgan Avenue, 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.)-$842
Insurance (est.)-$248
Net Cash Flow+$2,110

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 $1080/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 34 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.

About Thornhill

I know Thornhill 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.

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 $4,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    34 Morgan Avenue, Markham | $1,188,000 | Battaglia Team