5 Bonheur Road, Markham

Price: $1,860,000

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: New Construction

MLS#: N13449844

Welcome to 5 Bonheur Road, a beautifully maintained executive family home on a premium corner lot in one of Markham's most sought-after neighbourhoods. This luxurious 5+2 bedroom, 5-bathroom detached home with a double-car garage offers approximately 4,300 sq. ft. of total living space, including 3,091 sq. ft. above grade and finished basement. South, east, and west exposures flood the home with natural light. The main floor features 9-foot ceilings, hardwood flooring, a potential library/home office, and a laundry room with direct garage access. Designed for everyday living and entertaining, the open-concept kitchen includes stainless steel appliances, granite countertops, a pantry, pot lights, and a large breakfast bar. The breakfast area opens to a fully fenced interlock backyard. The spacious family room features a cozy gas fireplace, pot lights. Upstairs, the large primary suite offers a newly renovated 5-piece ensuite, Walkin Closet,, while the second bedroom includes an upgraded oversized 3-piece semi-ensuite. The finished basement adds exceptional flexibility with two additional bedrooms, a 3-piece bathroom, kitchenette, large recreation room for both leisure entertainment home theatre & wellness, and ample storage. Newer Professionally landscaped interlocking enhances the front walkway, driveway, and backyard, boosting curb appeal and outdoor enjoyment. Ideally located in the heart of Markham, minutes from Highway 404, top-ranked public, French immersion, and Catholic schools, shopping, Costco, restaurants, banks, parks, and recreation facilities. A rare opportunity to own a bright, spacious, move-in-ready family home in a prime location. A Must see!

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$1,860,000 - 5 Bonheur Road, Markham

New Construction for Sale in Markham

Neighbourhood: Cathedraltown

7Beds
5Baths
3,000 - 3,499Sq Ft
New Construction
Property Details
MLS Number
N13449844
Property Type
New Construction
Status
active
Days on Site
21
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Welcome to 5 Bonheur Road, a beautifully maintained executive family home on a premium corner lot in one of Markham's most sought-after neighbourhoods. This luxurious 5+2 bedroom, 5-bathroom detached home with a double-car garage offers approximately 4,300 sq. ft. of total living space, including 3,091 sq. ft. above grade and finished basement. South, east, and west exposures flood the home with natural light. The main floor features 9-foot ceilings, hardwood flooring, a potential library/home office, and a laundry room with direct garage access. Designed for everyday living and entertaining, the open-concept kitchen includes stainless steel appliances, granite countertops, a pantry, pot lights, and a large breakfast bar. The breakfast area opens to a fully fenced interlock backyard. The spacious family room features a cozy gas fireplace, pot lights. Upstairs, the large primary suite offers a newly renovated 5-piece ensuite, Walkin Closet,, while the second bedroom includes an upgraded oversized 3-piece semi-ensuite. The finished basement adds exceptional flexibility with two additional bedrooms, a 3-piece bathroom, kitchenette, large recreation room for both leisure entertainment home theatre & wellness, and ample storage. Newer Professionally landscaped interlocking enhances the front walkway, driveway, and backyard, boosting curb appeal and outdoor enjoyment. Ideally located in the heart of Markham, minutes from Highway 404, top-ranked public, French immersion, and Catholic schools, shopping, Costco, restaurants, banks, parks, and recreation facilities. A rare opportunity to own a bright, spacious, move-in-ready family home in a prime location. A Must see!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,227.41/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,488,000Interest: $980,222
Mortgage Amount$1,488,000
Total Interest$980,222
Est. Property Tax$1,318/mo
Total Cost$2,468,222

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: Cathedraltown

Discover Cathedraltown

Cathedraltown 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 Cathedraltown

  • 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

Cathedraltown 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

5 Bonheur Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,318
Insurance (est.)-$388
Net Cash Flow+$3,294

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 $620/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.

Market Position

At 21 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.

Larger Home Realities

At 3,000 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 7 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.

About Cathedraltown

I know Cathedraltown 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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    5 Bonheur Road, Markham | $1,860,000 | Battaglia Team