48 Lambert Road, Markham

Price: $1,829,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13765822

Rarely offered park-backing detached residence tucked away on a quiet cul-de-sac in one of Thornlea / Bayview Glen's most coveted enclaves. Set on a premium, private lot with unobstructed green views, this beautifully upgraded home delivers a refined balance of elegance, comfort, and privacy.The main level offers gracious principal rooms with hardwood flooring, pot lights, and a warm family space with fireplace. The thoughtfully updated kitchen features stainless steel appliances, breakfast bar, and walk-out to a deck overlooking the tranquil park setting-ideal for seamless indoor-outdoor living.The upper level hosts four well-proportioned bedrooms, highlighted by a serene primary retreat with walk-in closet and ensuite. A professionally finished lower level provides additional living space with bedroom, full bath, and expansive recreation area-ideal for guests or extended family.Extensively maintained with key mechanical updates. Ideally positioned near top-tier schools, major highways, transit, and everyday amenities. A truly exclusive offering combining location, privacy, and long-term value in one of York Region's most prestigious school districts.

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active

$1,829,000 - 48 Lambert Road, Markham

Detached for Sale in Markham

Neighbourhood: Thornlea

5Beds
4Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
N13765822
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Taxes (2025)
$9,069
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Rarely offered park-backing detached residence tucked away on a quiet cul-de-sac in one of Thornlea / Bayview Glen's most coveted enclaves. Set on a premium, private lot with unobstructed green views, this beautifully upgraded home delivers a refined balance of elegance, comfort, and privacy.The main level offers gracious principal rooms with hardwood flooring, pot lights, and a warm family space with fireplace. The thoughtfully updated kitchen features stainless steel appliances, breakfast bar, and walk-out to a deck overlooking the tranquil park setting-ideal for seamless indoor-outdoor living.The upper level hosts four well-proportioned bedrooms, highlighted by a serene primary retreat with walk-in closet and ensuite. A professionally finished lower level provides additional living space with bedroom, full bath, and expansive recreation area-ideal for guests or extended family.Extensively maintained with key mechanical updates. Ideally positioned near top-tier schools, major highways, transit, and everyday amenities. A truly exclusive offering combining location, privacy, and long-term value in one of York Region's most prestigious school districts.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,090.28/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,463,200Interest: $963,885
Mortgage Amount$1,463,200
Total Interest$963,885
Est. Property Tax$1,296/mo
Total Cost$2,427,085

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: Thornlea

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

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

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.

70
Walk Score
Varies
Price Range

48 Lambert Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,296
Insurance (est.)-$381
Net Cash Flow+$2,023

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 $915/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 27 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 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 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 Thornlea

I know Thornlea 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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    48 Lambert Road, Markham | $1,829,000 | Battaglia Team