$2,960,000 - 44 Prince Edward Boulevard, Markham
Detached for Sale in Markham
Neighbourhood: Thornlea
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- MLS Number
- N13763706
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $14,195
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
A rare ravine retreat in prestigious Thornlea, Markham, this exceptional family residence is set on a spectacular 56 182 ft ravine lot, offering remarkable privacy, generous living space, breathtaking treetop views and a resort-inspired backyard oasis designed for luxurious family living and entertaining. Renovated in 2017, this impressive 5+1 bedroom, 6-bathroom residence features hardwood flooring throughout the main & 2nd floors and a dramatic, soaring 2-storey foyer. The bright & spacious main level offers generous principal rooms, formal dining, private office, main-floor laundry & an inviting family room with a walkout to the newly resurfaced expansive terrace overlooking the lush ravine. The kitchen & breakfast area also enjoy serene backyard views with direct access to the terrace-perfect for outdoor dining & entertaining. The expansive primary retreat features a fireplace, sitting area, walk-in closet, spa-inspired 7-piece ensuite & private balcony overlooking the ravine.Three bedrooms feature private ensuite bathrooms, including one accessed by a secondary staircase-ideal for extended family, guests or those seeking additional privacy. The finished walk-out lower level offers an open-concept recreation & games area, Gym, wet bar with potential for a 2nd kitchen, nanny/guest bedroom, ample storage, separate entrance & direct backyard access. Enjoy a resort-inspired backyard oasis surrounded by mature trees & ravine greenery, complete with a heated inground pool, cabana & gazebo. Conveniently located near St. Robert Catholic HS, Thornlea SS, parks, shopping & amenities. Exceptional connectivity to Hwy 404 & 407, with convenient access to Toronto, Richmond Hill and major employment centres. A rare opportunity combining an exceptionally deep ravine lot, generous living space, privacy & convenience.
Estimate your monthly payments for this property
Estimated Payment
$13,093.08/mo
5-yr fixed avg.
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.
Discover Thornlea
Thornlea 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 Thornlea
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Thornlea 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.
44 Prince Edward Boulevard, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $846/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 28 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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.