62 Lakespring Drive, Markham

Price: $988,800

3 bedrooms, 4 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: N13849238

Welcome to 62 Lakespring Dr! Nestled on a quiet, family-friendly street in the heart of Markham, this beautifully maintained semi-detached home offers a wonderful blend of comfort, functionality, and modern living. Featuring a bright and spacious layout with desirable south-facing exposure, the home boasts high-quality engineered hardwood flooring throughout the main and second floors. The kitchen features elegant quartz countertops and stainless steel appliances, combining style and functionality. The second floor offers three generously sized bedrooms and two full bathrooms. The newly finished basement, complete with an additional powder room, provides versatile living space ideal for a home gym, media room, or family retreat. With four bathrooms throughout, this home is designed for comfortable family living. The private driveway with no sidewalk accommodates parking for up to three vehicles. Recent updates include a washer (2025), humidifier (2020), and roof (2018). Ideally located within the TOP school boundaries of St. Augustine Catholic High School, Lincoln Alexander Public School, and Richmond Green Secondary School. Just minutes from shopping, dining, parks, and major highways, this home offers an excellent combination of peaceful neighbourhood living and everyday convenience.

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active
New Listing
1/19

$988,800 - 62 Lakespring Drive, Markham

Semi-Detached for Sale in Markham

New — Listed 6 days ago

Neighbourhood: Cachet

3Beds
4Baths
1,100 - 1,499Sq Ft
Semi-Detached

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Property Details
MLS Number
N13849238
Property Type
Semi-Detached
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
4
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Markham
Taxes (2026)
$5,246
Listing Brokerage
AIMHOME REALTY INC.
Description

Welcome to 62 Lakespring Dr! Nestled on a quiet, family-friendly street in the heart of Markham, this beautifully maintained semi-detached home offers a wonderful blend of comfort, functionality, and modern living. Featuring a bright and spacious layout with desirable south-facing exposure, the home boasts high-quality engineered hardwood flooring throughout the main and second floors. The kitchen features elegant quartz countertops and stainless steel appliances, combining style and functionality. The second floor offers three generously sized bedrooms and two full bathrooms. The newly finished basement, complete with an additional powder room, provides versatile living space ideal for a home gym, media room, or family retreat. With four bathrooms throughout, this home is designed for comfortable family living. The private driveway with no sidewalk accommodates parking for up to three vehicles. Recent updates include a washer (2025), humidifier (2020), and roof (2018). Ideally located within the TOP school boundaries of St. Augustine Catholic High School, Lincoln Alexander Public School, and Richmond Green Secondary School. Just minutes from shopping, dining, parks, and major highways, this home offers an excellent combination of peaceful neighbourhood living and everyday convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,073.06/mo

Includes CMHC insurance ($27,588)

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5-yr fixed avg.

Principal: $889,920Interest: $604,409
Mortgage Amount$917,508
Total Interest$604,409
Est. Property Tax$700/mo
Total Cost$1,521,917

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: Cachet

Discover Cachet

Cachet 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 Cachet

  • •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

Cachet 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

62 Lakespring Drive, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$1,894

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

Fair Market Value

At $899/sqft, this property is priced in line with current Markham market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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.

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 4 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 Cachet

I know Cachet 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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    62 Lakespring Drive, Markham | $988,800 | Battaglia Team