55 Castlemore Avenue, Markham

Price: $1,689,880

5 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13599700

Welcome to 55 Castlemore Avenue, an exceptional family home in the heart of Markham's prestigious Berczy Village Neighbourhood. Beautifully renovated from top to bottom, this stunning five-bedroom, five-bathroom detached residence offers an expansive open-concept layout designed for modern living and effortless entertaining. Natural light fills every room, highlighting rich hardwood flooring throughout the main and second levels, elegant crown moulding, pot lights, and custom finishes. At the heart of the home is a beautifully appointed chef's kitchen featuring premium appliances, high-end finishes, abundant cabinetry, and generous prep space. The inviting family room, complete with a fireplace and backyard views, is the perfect place to gather. Upstairs, the spacious primary suite offers a luxurious retreat with a generous ensuite, while three full bathrooms on the second level provide exceptional convenience. An additional den creates the perfect home office or study. The professionally finished basement is built for entertaining, featuring a full kitchen, a separate bar with its own fireplace, and a spacious recreation area ideal for hosting guests or creating an in-law suite. Step outside to a spectacular backyard with a premium interlock patio, perfect for outdoor dining and summer entertaining. With parking for up to five vehicles, this home is as practical as it is elegant. Located in one of Markham's most desirable neighbourhoods, you're surrounded by parks, shopping, restaurants, and top-rated schools, including Pierre Elliott Trudeau High School and Castlemore Public School. Just minutes from Highways 404 and 407, this home offers luxury, convenience, and exceptional family living.

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New Listing
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$1,689,880 - 55 Castlemore Avenue, Markham

Detached for Sale in Markham

New — Listed 2 days ago

Neighbourhood: Berczy

5Beds
5Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13599700
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Markham
Listing Brokerage
RARE REAL ESTATE
Description

Welcome to 55 Castlemore Avenue, an exceptional family home in the heart of Markham's prestigious Berczy Village Neighbourhood. Beautifully renovated from top to bottom, this stunning five-bedroom, five-bathroom detached residence offers an expansive open-concept layout designed for modern living and effortless entertaining. Natural light fills every room, highlighting rich hardwood flooring throughout the main and second levels, elegant crown moulding, pot lights, and custom finishes. At the heart of the home is a beautifully appointed chef's kitchen featuring premium appliances, high-end finishes, abundant cabinetry, and generous prep space. The inviting family room, complete with a fireplace and backyard views, is the perfect place to gather. Upstairs, the spacious primary suite offers a luxurious retreat with a generous ensuite, while three full bathrooms on the second level provide exceptional convenience. An additional den creates the perfect home office or study. The professionally finished basement is built for entertaining, featuring a full kitchen, a separate bar with its own fireplace, and a spacious recreation area ideal for hosting guests or creating an in-law suite. Step outside to a spectacular backyard with a premium interlock patio, perfect for outdoor dining and summer entertaining. With parking for up to five vehicles, this home is as practical as it is elegant. Located in one of Markham's most desirable neighbourhoods, you're surrounded by parks, shopping, restaurants, and top-rated schools, including Pierre Elliott Trudeau High School and Castlemore Public School. Just minutes from Highways 404 and 407, this home offers luxury, convenience, and exceptional family living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,474.91/mo

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5-yr fixed avg.

Principal: $1,351,904Interest: $890,569
Mortgage Amount$1,351,904
Total Interest$890,569
Est. Property Tax$1,197/mo
Total Cost$2,242,473

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

55 Castlemore Avenue, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,197
Insurance (est.)-$352
Net Cash Flow+$2,651

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 $563/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.

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 3,000 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 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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    55 Castlemore Avenue, Markham | $1,689,880 | Battaglia Team