$1,050,000 - 52 Terrosa Road, Markham
Detached for Sale in Markham
Popular ListingNeighbourhood: Middlefield
- MLS Number
- N13483312
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RED HOUSE REALTY
Welcome to this beautifully maintained and spacious famliy home, offering the perfect blend of comfort, functionality, and convenience. Featuring an inviting open-concept living and dining area, this home is designed for both everyday living and effortless entertaining. The upper level showcases brand-new carpeting throughout and offers three generously sized bedrooms, providing ample space for the entire family. A standout feature is the finished basement apartment with a separate entrance, offering incredible flexibility for multigenerational living, guests, a home office, a recreation room, or potential rental income. Complete with two versatile rooms, a full bathroom, and a kitchen area, this space adds exceptional value and flexibility. Ideally situated in a highly desirable neighbourhood, you'll enjoy close proximity to shopping, parks, recreational facilities, and the Aaniin Community Centre, along with convenient access to TTC and YRT transit. Familiies will appreciate being within the catchment area of sought-after sschools, including Ellen Fairclough Public School and Middlefield Collegiate Institute. Everyday essentials, dining, and major transportation routes are just minutes away, with easy access to Highways 401, 404, and 407. Recent upgrades provide added peace of mind, including a new fence (2023), a new main-floor stove (2024), and a new main-floor refrigerator (2025). Move-in ready and meticulously cared for, this elegant home presents an exceptional opportunity for families, first-time buyers, and investors alike. Combining space, versatility, and an unbeatable location, this is a property you'll be proud to call home.
Estimate your monthly payments for this property
Estimated Payment
$4,644.50/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 Middlefield
Middlefield 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 Middlefield
- •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
Middlefield 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.
52 Terrosa Road, 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
Competitive Pricing
At $700/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.
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 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 Middlefield
I know Middlefield 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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.