48 Johnson Street, Markham

Price: $3,180,000

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N14100828

An Exceptional Luxury Residence in Prestigious Thornhill, Set on a Rare 70 x 214 Ft Premium Lot. Offering over 6,000 Sq. Ft. of Luxurious Living Space, this extensively renovated custom-built home showcases timeless elegance, grand proportions, and exceptional amenities. Features include 10-ft main-floor ceilings, 9-ft ceilings on the second floor and basement, hardwood flooring, crown moulding, and LED pot lights. The chef-inspired kitchen boasts custom cabinetry, premium stainless steel appliances, and a spacious breakfast area with walkout to the deck, lush backyard, and spectacular indoor swimming pool. Grand principal rooms, an elegant circular staircase, private office, and main-floor laundry enhance everyday living. Upstairs, four spacious bedrooms and three beautifully renovated bathrooms include a luxurious primary retreat with a spa-inspired ensuite, skylit walk-in closet, and private balcony overlooking the greenery. The finished walk-out basement offers an entertainer's paradise with a stunning indoor pool, vaulted ceilings, multiple skylights, lounge area, recreation room, gas fireplace, home theatre, gym, and sauna. Complete with a three-car garage and multiple staircases, this extraordinary residence delivers an unparalleled year-round lifestyle of luxury, comfort, and entertainment.

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active
New Listing

$3,180,000 - 48 Johnson Street, Markham

Detached for Sale in Markham

New — Listed yesterday

Neighbourhood: Thornhill

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
N14100828
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Markham
Taxes (2025)
$16,674
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

An Exceptional Luxury Residence in Prestigious Thornhill, Set on a Rare 70 x 214 Ft Premium Lot. Offering over 6,000 Sq. Ft. of Luxurious Living Space, this extensively renovated custom-built home showcases timeless elegance, grand proportions, and exceptional amenities. Features include 10-ft main-floor ceilings, 9-ft ceilings on the second floor and basement, hardwood flooring, crown moulding, and LED pot lights. The chef-inspired kitchen boasts custom cabinetry, premium stainless steel appliances, and a spacious breakfast area with walkout to the deck, lush backyard, and spectacular indoor swimming pool. Grand principal rooms, an elegant circular staircase, private office, and main-floor laundry enhance everyday living. Upstairs, four spacious bedrooms and three beautifully renovated bathrooms include a luxurious primary retreat with a spa-inspired ensuite, skylit walk-in closet, and private balcony overlooking the greenery. The finished walk-out basement offers an entertainer's paradise with a stunning indoor pool, vaulted ceilings, multiple skylights, lounge area, recreation room, gas fireplace, home theatre, gym, and sauna. Complete with a three-car garage and multiple staircases, this extraordinary residence delivers an unparalleled year-round lifestyle of luxury, comfort, and entertainment.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,066.21/mo

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5-yr fixed avg.

Principal: $2,544,000Interest: $1,675,864
Mortgage Amount$2,544,000
Total Interest$1,675,864
Est. Property Tax$2,253/mo
Total Cost$4,219,864

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: Thornhill

Discover Thornhill

Thornhill 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 Thornhill

  • •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

Thornhill 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

48 Johnson Street, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$2,253
Insurance (est.)-$663
Net Cash Flow+$1,534

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

Fair Market Value

At $909/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.

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.

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 5 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 5 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.

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    48 Johnson Street, Markham | $3,180,000 | Battaglia Team