56 Active Road, Markham

Price: $1,438,000

3 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Condo

MLS#: N13606236

Luxury Freehold Townhome in a Prime Markham Location! This beautifully upgraded 3-bedroom, double-car garage townhome offers approximately 2,700 sq. ft. of stylish living space in one of Markham's most sought-after communities. Featuring 9-ft ceilings on the main, second and third levels, an exceptional open-concept layout, and elegant finishes throughout. The modern kitchen is equipped with quartz countertops, stainless steel appliances, and ample cabinetry. Highlights include hardwood flooring throughout, pot lights, an oak staircase with wrought-iron pickets, and a spacious private terrace-perfect for relaxing or entertaining. Ideally located just minutes to Highway 404 & 407, GO Transit, Viva/TTC, parks, top-rated schools, shopping, restaurants, and everyday amenities. A perfect blend of luxury, space, and convenience!

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$1,438,000 - 56 Active Road, Markham

Condo for Sale in Markham

Neighbourhood: Commerce Valley

3Beds
5Baths
2,000 - 2,499Sq Ft
Condo
Property Details
MLS Number
N13606236
Property Type
Condo
Status
active
Days on Site
29
Bedrooms
3
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
FIRST CLASS REALTY INC.
Description

Luxury Freehold Townhome in a Prime Markham Location! This beautifully upgraded 3-bedroom, double-car garage townhome offers approximately 2,700 sq. ft. of stylish living space in one of Markham's most sought-after communities. Featuring 9-ft ceilings on the main, second and third levels, an exceptional open-concept layout, and elegant finishes throughout. The modern kitchen is equipped with quartz countertops, stainless steel appliances, and ample cabinetry. Highlights include hardwood flooring throughout, pot lights, an oak staircase with wrought-iron pickets, and a spacious private terrace-perfect for relaxing or entertaining. Ideally located just minutes to Highway 404 & 407, GO Transit, Viva/TTC, parks, top-rated schools, shopping, restaurants, and everyday amenities. A perfect blend of luxury, space, and convenience!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,360.76/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,150,400Interest: $757,828
Mortgage Amount$1,150,400
Total Interest$757,828
Est. Property Tax$1,019/mo
Total Cost$1,908,228

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: Commerce Valley

Discover Commerce Valley

Commerce Valley 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 Commerce Valley

  • 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

Commerce Valley 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

56 Active Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,560/mo
Range: $3,026 - $4,094
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,560
Maintenance Fees-$1,300
Property Tax (est.)-$1,019
Insurance (est.)-$300
Net Cash Flow+$941

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 $719/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 29 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 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 Commerce Valley

I know Commerce Valley 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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    56 Active Road, Markham | $1,438,000 | Battaglia Team