37 Rachett Road, Markham

Price: $1,149,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13735434

Welcome to this exceptional detached home on a premium-sized lot in the highly sought-after Greensborough community! Offering 4+2 bedrooms and 4 bathrooms, this spacious family home is designed for comfortable living and effortless entertaining. The gourmet kitchen features high end built-in stainless steel appliances and a generous breakfast area with a walkout to a beautifully landscaped backyard complete with an interlocking patio. Upstairs, you'll find generously sized bedrooms filled with natural light, including a spacious primary retreat with a walk-in closet and private ensuite. The finished basement offers two additional bedrooms, a full 3-piece bathroom, and a separate entrance, providing excellent in-law suite or income potential. Ideally located within walking distance to the GO Station, top-rated schools, and Swan Lake Park, this exceptional home offers the perfect combination of space, comfort, and convenience in one of Markham's most desirable family-friendly neighbourhoods.

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active
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$1,149,000 - 37 Rachett Road, Markham

Detached for Sale in Markham

35 days on market

Neighbourhood: Greensborough

6Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13735434
Property Type
Detached
Status
active
Days on Site
35
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Taxes (2025)
$4,734
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to this exceptional detached home on a premium-sized lot in the highly sought-after Greensborough community! Offering 4+2 bedrooms and 4 bathrooms, this spacious family home is designed for comfortable living and effortless entertaining. The gourmet kitchen features high end built-in stainless steel appliances and a generous breakfast area with a walkout to a beautifully landscaped backyard complete with an interlocking patio. Upstairs, you'll find generously sized bedrooms filled with natural light, including a spacious primary retreat with a walk-in closet and private ensuite. The finished basement offers two additional bedrooms, a full 3-piece bathroom, and a separate entrance, providing excellent in-law suite or income potential. Ideally located within walking distance to the GO Station, top-rated schools, and Swan Lake Park, this exceptional home offers the perfect combination of space, comfort, and convenience in one of Markham's most desirable family-friendly neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5%20%50%

5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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: Greensborough

Discover Greensborough

Greensborough 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 Greensborough

  • •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

Greensborough 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

37 Rachett Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$2,947

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 $766/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 35 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.

Excellent Flexibility

With 6 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 4 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 Greensborough

I know Greensborough 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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    37 Rachett Road, Markham | $1,149,000 | Battaglia Team