55 Jackson Eli Way, Markham

Price: $799,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: N13882504

Welcome to this beautifully maintained, sun-filled home in the highly sought-after Markham and Steeles community! This charming residence features an inviting open-concept layout with 9-foot ceilings on the main floor, complemented by elegant hardwood flooring in the living and dining areas. The separate family room offers a lovely view of the backyard, creating the perfect space for relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances and a stylish backsplash, combining functionality with contemporary appeal. The spacious primary bedroom features a luxurious 4-piece ensuite, offering comfort and privacy. Move-in ready and ideally located close to schools, parks, shopping, and public transit, this home is an excellent opportunity for families and professionals alike. Don't miss your chance to make this wonderful home yours!

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active

$799,000 - 55 Jackson Eli Way, Markham

Townhouse for Sale in Markham

Popular Listing

Neighbourhood: Cedarwood

3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse

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Property Details
MLS Number
N13882504
Property Type
Townhouse
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Markham
Taxes (2026)
$4,655
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 an inviting open-concept layout with 9-foot ceilings on the main floor, complemented by elegant hardwood flooring in the living and dining areas. The separate family room offers a lovely view of the backyard, creating the perfect space for relaxing and entertaining. The modern kitchen is equipped with stainless steel appliances and a stylish backsplash, combining functionality with contemporary appeal. The spacious primary bedroom features a luxurious 4-piece ensuite, offering comfort and privacy. Move-in ready and ideally located close to schools, parks, shopping, and public transit, this home is an excellent opportunity for families and professionals alike. Don't miss your chance to make this wonderful home yours!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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: 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,998

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 $533/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.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    55 Jackson Eli Way, Markham | $799,000 | Battaglia Team