55 Jackson Eli Way, Markham

Price: $899,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13624752

Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community. This charming residence features a bright, open-concept living and dining area, along with a separate family room boasting 9-foot ceilings on the main floor.Elegant hardwood flooring extends throughout the living room, dining room, family room, all bedrooms, hallway, and staircase, creating a warm and sophisticated atmosphere. The modern kitchen is equipped with stainless steel appliances, offering both style and functionality for everyday living.The spacious primary bedroom serves as a private retreat, complete with a luxurious 4-piece ensuite bathroom. Meticulously maintained and truly move-in ready, this home offers comfort, quality, and exceptional value.Ideally located close to top-rated schools, parks, shopping, and public transit, this is a rare opportunity to own a beautiful home in one of the area's most desirable neighbourhoods. Don't miss your chance to make it yours!

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$899,000 - 55 Jackson Eli Way, Markham

Townhouse for Sale in Markham

Neighbourhood: Cedarwood

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
N13624752
Property Type
Townhouse
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community. This charming residence features a bright, open-concept living and dining area, along with a separate family room boasting 9-foot ceilings on the main floor.Elegant hardwood flooring extends throughout the living room, dining room, family room, all bedrooms, hallway, and staircase, creating a warm and sophisticated atmosphere. The modern kitchen is equipped with stainless steel appliances, offering both style and functionality for everyday living.The spacious primary bedroom serves as a private retreat, complete with a luxurious 4-piece ensuite bathroom. Meticulously maintained and truly move-in ready, this home offers comfort, quality, and exceptional value.Ideally located close to top-rated schools, parks, shopping, and public transit, this is a rare opportunity to own a beautiful home in one of the area's most desirable neighbourhoods. Don't miss your chance to make it yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
$
5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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.

Ready to get pre-approved?

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Neighbourhood Guide: Cedarwood

Discover Cedarwood

Cedarwood 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 Cedarwood

  • 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

Cedarwood 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 Jackson Eli Way, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,906

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 $599/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 23 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Markham have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 Cedarwood

I know Cedarwood 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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    55 Jackson Eli Way, Markham | $899,000 | Battaglia Team