36 Jondan Crescent, Markham

Price: $1,386,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13144934

Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.

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$1,386,000 - 36 Jondan Crescent, Markham

Detached for Sale in Markham

49 days on market

Neighbourhood: Royal Orchard

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13144934
Property Type
Detached
Status
active
Days on Site
49
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
THE AGENCY
Description

Rare Opportunity for Builders, Developers & Investorsall the Hard Work is Done. The Current Owner Has Partnered With Designers, Architects, and the City of Markham to Produce Fully Approved Plans for a Stunning Modern Luxury Home. Priced at Land Value With Approved Building Permits Included, Simply Pull the Permits and Build.the Proposed Home Offers Approximately 3,800 Sq Ft Above Grade Across Two Storeys, Featuring 4 Spacious Bedrooms Each With Their Own Ensuite, a Grand Foyer, Chef's Kitchen, Breakfast Area, Family Room, Formal Living and Dining, and a Dedicated Home Office. The Fully Finished Basement Adds a Gym, Recreation Room, Wet Bar, Wine Cellar, and Sauna. An Elevator, Covered Deck, and 2-car Garage Complete This Exceptional Design.with an Estimated Build Cost of Approximately $1.5m in Premium Finishes, and Comparable New Builds in the Area Valued Near $3.08m, the Upside is Undeniable. Seller Take Back (Loan) May Be Considered for Qualified Buyers. Located on a Premium Ravine Lot in a Sought-after, Family Friendly Markham Neighbourhood With Easy Access to Hwy 407, Top-rated Schools, Dining, and an Upcoming Subway LINE.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,130.75/mo

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5-yr fixed avg.

Principal: $1,108,800Interest: $730,424
Mortgage Amount$1,108,800
Total Interest$730,424
Est. Property Tax$982/mo
Total Cost$1,839,224

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: Royal Orchard

Discover Royal Orchard

Royal Orchard 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 Royal Orchard

  • 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

Royal Orchard 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

36 Jondan Crescent, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$982
Insurance (est.)-$289
Net Cash Flow+$2,279

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 $554/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 49 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.

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 3 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 Royal Orchard

I know Royal Orchard 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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    36 Jondan Crescent, Markham | $1,386,000 | Battaglia Team