40 Bonnycastle Road, Markham

Price: $1,779,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Townhouse

MLS#: N13093082

X-Large Balcony Lyndhurst Corner Model Approximately 3,500 Sq Ft/w bsmt!! Roof Terrace Approximately 665 Square Feet. Private Functioning Elevator. Fully Fin Basement w/separate Entrance. Tesla Charger. Functional basement that may be used as an additional income property Entertain Your Guests In Style In This Town Home. Plenty Of Storage Areas/Upgraded Enlarge Kitchen Balcony, One Juliet Balcony, One French Balcony, And Private Garage Parking. Home Is Up-Graded Thru-Out Pot lights, Dark Hardwood/Upgraded Kitchen Cupboards/Counters, Fireplaces, Hardwood Thru-out. Custom Upgraded Draperies. Upgraded Kitchen And Bathroom Sinks. (Rectangular Sinks in All Baths). Upgrade Floors Tile To Slate in Kitchen/Front Foyer (Upgraded Brick Pattern. Upgraded Hardwood Thru-Out. Upgraded Staircase Stain. Upgraded Emerald Hill Carpets. Upgraded Roof Top (Brick Pattern) and Garage Entrance Tiles. Upgraded Iron Pickets. Please find attachment for full list of upgrades.

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$1,779,000 - 40 Bonnycastle Road, Markham

Townhouse for Sale in Markham

61 days on market

Neighbourhood: Unionville

4Beds
4Baths
2,500 - 2,999Sq Ft
Townhouse
Property Details
MLS Number
N13093082
Property Type
Townhouse
Status
active
Days on Site
61
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Listing Brokerage
FIRST CLASS REALTY INC.
Description

X-Large Balcony Lyndhurst Corner Model Approximately 3,500 Sq Ft/w bsmt!! Roof Terrace Approximately 665 Square Feet. Private Functioning Elevator. Fully Fin Basement w/separate Entrance. Tesla Charger. Functional basement that may be used as an additional income property Entertain Your Guests In Style In This Town Home. Plenty Of Storage Areas/Upgraded Enlarge Kitchen Balcony, One Juliet Balcony, One French Balcony, And Private Garage Parking. Home Is Up-Graded Thru-Out Pot lights, Dark Hardwood/Upgraded Kitchen Cupboards/Counters, Fireplaces, Hardwood Thru-out. Custom Upgraded Draperies. Upgraded Kitchen And Bathroom Sinks. (Rectangular Sinks in All Baths). Upgrade Floors Tile To Slate in Kitchen/Front Foyer (Upgraded Brick Pattern. Upgraded Hardwood Thru-Out. Upgraded Staircase Stain. Upgraded Emerald Hill Carpets. Upgraded Roof Top (Brick Pattern) and Garage Entrance Tiles. Upgraded Iron Pickets. Please find attachment for full list of upgrades.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,869.12/mo

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5-yr fixed avg.

Principal: $1,423,200Interest: $937,535
Mortgage Amount$1,423,200
Total Interest$937,535
Est. Property Tax$1,260/mo
Total Cost$2,360,735

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

40 Bonnycastle Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,680/mo
Range: $3,128 - $4,232
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,680
Maintenance Fees-$0
Property Tax (est.)-$1,260
Insurance (est.)-$371
Net Cash Flow+$2,049

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 $712/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 61 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

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 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 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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    40 Bonnycastle Road, Markham | $1,779,000 | Battaglia Team