48 Manila Avenue, Markham

Price: $1,199,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: N13492072

Beautifully maintained 2,200 sq.ft. semi detached home located in Kennedy and 16th. The home features a fresh professional repaint completed one year ago, giving it a clean and modern feel throughout. A thoughtful one-step-lower foyer helps keep dust contained as you enter the bright and spacious open-concept main floor, enhanced by hardwood flooring and 9-ft ceilings on both the main and second levels. The combined living and dining area offers an inviting space for gatherings, while the kitchen boasts granite countertops, a centre island, and an eat-at breakfast bar, flowing into the breakfast area with a walk-out to the backyard. The family room is filled with natural light from a large window overlooking the yard, and the oak staircase with iron pickets adds a stylish architectural touch.The second floor continues with 9-ft ceilings and features four generously sized bedrooms. The primary bedroom includes a 10-ft coffered ceiling, his and her closets, and a 4-piece ensuite, creating a comfortable private retreat. The second bedroom offers its own private balcony, a rare and desirable feature. The unfinished basement with high ceilings, provides excellent potential for future customization to suit your lifestyle. This home is also ideally situated within top ranking schools, including Beckett Farm Elementary (walking distance), Pierre Trudeau High School, All Saints Catholic Elementary, and St. Augustine Catholic High School-making it an exceptional choice for families seeking strong education options. *some photos are virtual staged*

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$1,199,000 - 48 Manila Avenue, Markham

Semi-Detached for Sale in Markham

Popular Listing

Neighbourhood: Berczy

4Beds
3Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
N13492072
Property Type
Semi-Detached
Status
active
Days on Site
11
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
SUPERSTARS REALTY LTD.
Description

Beautifully maintained 2,200 sq.ft. semi detached home located in Kennedy and 16th. The home features a fresh professional repaint completed one year ago, giving it a clean and modern feel throughout. A thoughtful one-step-lower foyer helps keep dust contained as you enter the bright and spacious open-concept main floor, enhanced by hardwood flooring and 9-ft ceilings on both the main and second levels. The combined living and dining area offers an inviting space for gatherings, while the kitchen boasts granite countertops, a centre island, and an eat-at breakfast bar, flowing into the breakfast area with a walk-out to the backyard. The family room is filled with natural light from a large window overlooking the yard, and the oak staircase with iron pickets adds a stylish architectural touch.The second floor continues with 9-ft ceilings and features four generously sized bedrooms. The primary bedroom includes a 10-ft coffered ceiling, his and her closets, and a 4-piece ensuite, creating a comfortable private retreat. The second bedroom offers its own private balcony, a rare and desirable feature. The unfinished basement with high ceilings, provides excellent potential for future customization to suit your lifestyle. This home is also ideally situated within top ranking schools, including Beckett Farm Elementary (walking distance), Pierre Trudeau High School, All Saints Catholic Elementary, and St. Augustine Catholic High School-making it an exceptional choice for families seeking strong education options. *some photos are virtual staged*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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: Berczy

Discover Berczy

Berczy 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 Berczy

  • 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

Berczy 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 Manila Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,201

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 $600/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.

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 Berczy

I know Berczy 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.

Investment Perspective

Looking at this as an investment: Markham properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    48 Manila Avenue, Markham | $1,199,000 | Battaglia Team