57 Armillo Place, Markham

Price: $1,059,000

3 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N14098420

OFFER ANYTIME !!! Four Reasons To Call This Your Forever Home !!!! 1. Built in 2020, This Stunning Freehold Townhouse Offers Approximately 2039sqft of Luxurious Living Per Builder's Plan. Featuring 10' Smooth Ceiling on the Main with Pot Lights, 9' On the Ground and Third Levels. 2. Spacious + Functional Layout. 3+1 Bedroom with 5 Bathrooms is Thoughtfully Designed With Versatility in Mind, Whether you need Dual Home Offices, a Den or a Home Gym. The Flexible Layout Offers Endless Possibilities. 3 Peaceful Views & Outdoor Comfort Enjoy your mornings overlooking lush, ravine-like privacy from your balcony, or unwind in the evenings with a soak in the tub. With two walk-out balconies and a decent-sized backyard, this home is perfect for indoor-outdoor living and entertaining. 4. Exceptional Location/Schools. Walking Distances To Top Tanking, Fred Varley + Bur Oak Public School (With AP Program) Close proximity to Markville Mall, Highway 407, and other amenities ensures convenience at your fingertips. **Notable Upgrades Include: Upgraded light fixtures throughout the home, Upgraded kitchen appliances, Custom decorative wall moulding in the living area, All window coverings installed throughout, Professionally designed / thoughtfully designed backyard retreat.**

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active
New Listing

$1,059,000 - 57 Armillo Place, Markham

Townhouse for Sale in Markham

New — Listed 2 days ago

Neighbourhood: Wismer

3Beds
5Baths
2,000 - 2,499Sq Ft
Townhouse

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Property Details
MLS Number
N14098420
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Taxes (2026)
$4,495
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

OFFER ANYTIME !!! Four Reasons To Call This Your Forever Home !!!! 1. Built in 2020, This Stunning Freehold Townhouse Offers Approximately 2039sqft of Luxurious Living Per Builder's Plan. Featuring 10' Smooth Ceiling on the Main with Pot Lights, 9' On the Ground and Third Levels. 2. Spacious + Functional Layout. 3+1 Bedroom with 5 Bathrooms is Thoughtfully Designed With Versatility in Mind, Whether you need Dual Home Offices, a Den or a Home Gym. The Flexible Layout Offers Endless Possibilities. 3 Peaceful Views & Outdoor Comfort Enjoy your mornings overlooking lush, ravine-like privacy from your balcony, or unwind in the evenings with a soak in the tub. With two walk-out balconies and a decent-sized backyard, this home is perfect for indoor-outdoor living and entertaining. 4. Exceptional Location/Schools. Walking Distances To Top Tanking, Fred Varley + Bur Oak Public School (With AP Program) Close proximity to Markville Mall, Highway 407, and other amenities ensures convenience at your fingertips. **Notable Upgrades Include: Upgraded light fixtures throughout the home, Upgraded kitchen appliances, Custom decorative wall moulding in the living area, All window coverings installed throughout, Professionally designed / thoughtfully designed backyard retreat.**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,684.31/mo

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5-yr fixed avg.

Principal: $847,200Interest: $558,094
Mortgage Amount$847,200
Total Interest$558,094
Est. Property Tax$750/mo
Total Cost$1,405,294

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: Wismer

Discover Wismer

Wismer 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 Wismer

  • •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

Wismer 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

57 Armillo Place, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$750
Insurance (est.)-$221
Net Cash Flow+$2,059

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 $530/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.

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 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 Wismer

I know Wismer 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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    57 Armillo Place, Markham | $1,059,000 | Battaglia Team