$1,099,900 - 57 Outlook Terrace Drive, Markham
Detached for Sale in Markham
Popular ListingNeighbourhood: Greensborough
- MLS Number
- N13671946
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- RE/MAX ALL-STARS BENCZIK KAVANAGH TEAM
Beautifully maintained bungaloft in the sought-after Greensborough community, perfectly suited for those looking to rightsize without giving up the comfort, independence and lifestyle of a detached home. Set on a deep approximately 103' lot with a spacious backyard and circular driveway, this home offers the rare combination of true main-floor living and a private upper-level retreat for family and guests. The sun-filled open-concept living and dining areas feature beautiful bamboo flooring, a fireplace, walk-out to the backyard patio and impressive 16' vaulted ceilings. The inviting eat-in kitchen offers ample cabinetry and workspace, ideal for everyday living and entertaining. The main floor is thoughtfully designed around a private primary bedroom with 10' ceilings, his-and-her closets and a 5-piece ensuite, along with a versatile office that can easily serve as a guest bedroom and convenient direct garage access. Upstairs, a spacious family room overlooks the main level and is complimented by a bedroom with walk-in closet, 12' vaulted ceiling and a 4-piece bathroom, creating a private guest retreat or flexible space for adult children, grandchildren, a home office or hobbies. Outside, the beautifully landscaped backyard is where this home truly stands apart, featuring floral garden beds, a large interlock patio with gazebo and multiple areas for outdoor dining, entertaining and relaxing. Ideally located within walking distance to schools, parks and York Region Transit, with easy access to Cornell Community Centre & Library, Markham Stouffville Hospital, local amenities, Mount Joy GO Station, Cornell Bus Terminal and Hwy 407 for seamless travel throughout the GTA
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/mo
5-yr fixed avg.
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.
Discover Greensborough
Greensborough 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 Greensborough
- •Convenient location in Markham
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Greensborough 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.
57 Outlook Terrace Drive, Markham
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $733/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.
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.
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 Greensborough
I know Greensborough 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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.