40 Colonel Butler Drive, Markham

Price: $1,648,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13851020

Welcome to 40 Colonel Butler Drive, tucked away in the established and highly sought-after Sherwood-Amberglen community of Markham. Set on an exceptional 40 x 218 ft lot surrounded by mature trees, this spacious 2-storey brick home offers over 2,650 sq. ft. above grade, a finished lower level and a spectacular backyard retreat with an inground pool. Inside, the generous main-floor layout offers plenty of room to gather, entertain and simply enjoy everyday life. Formal living and dining rooms are complemented by a spacious kitchen with centre island, stainless steel appliances and a walkout to the backyard, while the family room features a gas fireplace, bow window and views of the beautiful outdoor setting. Main-floor laundry with direct garage access adds everyday convenience. Upstairs, the impressive primary retreat measures approximately 19 x 17 ft and overlooks the pool, with a 5-piece ensuite and an exceptionally large walk-in dressing room. Additional bedrooms provide comfortable space for family, guests or a home office. The finished lower level adds even more versatility with an expansive recreation room, wine cellar, walk-in closet and abundant storage. And then there is the backyard. With a lot extending approximately 218 feet deep, this is outdoor space that is increasingly hard to find in Markham. Mature trees and established landscaping create a private, leafy setting around the inground pool, with generous patio and lounging areas for summer entertaining, dining and relaxing. Located in Sherwood-Amberglen, an established neighbourhood known for its mature streetscapes and access to parks and green space, you're minutes from Main Street Markham, the Rouge Valley trail system, Milne Dam Conservation Park, Markham Stouffville Hospital, shopping, dining, transit and major commuter routes. A substantial family home, an extraordinary lot and a backyard built for summer - all in one of Markham's established communities.

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active
New Listing

$1,648,000 - 40 Colonel Butler Drive, Markham

Detached for Sale in Markham

New — Listed 6 days ago

Neighbourhood: Sherwood-Amberglen

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
N13851020
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Markham
Taxes (2025)
$6,919
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 40 Colonel Butler Drive, tucked away in the established and highly sought-after Sherwood-Amberglen community of Markham. Set on an exceptional 40 x 218 ft lot surrounded by mature trees, this spacious 2-storey brick home offers over 2,650 sq. ft. above grade, a finished lower level and a spectacular backyard retreat with an inground pool. Inside, the generous main-floor layout offers plenty of room to gather, entertain and simply enjoy everyday life. Formal living and dining rooms are complemented by a spacious kitchen with centre island, stainless steel appliances and a walkout to the backyard, while the family room features a gas fireplace, bow window and views of the beautiful outdoor setting. Main-floor laundry with direct garage access adds everyday convenience. Upstairs, the impressive primary retreat measures approximately 19 x 17 ft and overlooks the pool, with a 5-piece ensuite and an exceptionally large walk-in dressing room. Additional bedrooms provide comfortable space for family, guests or a home office. The finished lower level adds even more versatility with an expansive recreation room, wine cellar, walk-in closet and abundant storage. And then there is the backyard. With a lot extending approximately 218 feet deep, this is outdoor space that is increasingly hard to find in Markham. Mature trees and established landscaping create a private, leafy setting around the inground pool, with generous patio and lounging areas for summer entertaining, dining and relaxing. Located in Sherwood-Amberglen, an established neighbourhood known for its mature streetscapes and access to parks and green space, you're minutes from Main Street Markham, the Rouge Valley trail system, Milne Dam Conservation Park, Markham Stouffville Hospital, shopping, dining, transit and major commuter routes. A substantial family home, an extraordinary lot and a backyard built for summer - all in one of Markham's established communities.

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Estimated Payment

$7,289.66/mo

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5-yr fixed avg.

Principal: $1,318,400Interest: $868,498
Mortgage Amount$1,318,400
Total Interest$868,498
Est. Property Tax$1,167/mo
Total Cost$2,186,898

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: Sherwood-Amberglen

Discover Sherwood-Amberglen

Sherwood-Amberglen 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 Sherwood-Amberglen

  • •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

Sherwood-Amberglen 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 Colonel Butler Drive, 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)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,167
Insurance (est.)-$343
Net Cash Flow+$2,040

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 $659/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Markham's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 Sherwood-Amberglen

I know Sherwood-Amberglen 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 Colonel Butler Drive, Markham | $1,648,000 | Battaglia Team