62 Lord Durham Road, Markham

Price: $1,299,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13536268

Luxurious Living Style Freehold Townhome In The Heart Of Downtown Markham. 3+1 Bedrooms & 4 Washrooms, Appx 3000 Sqft Of Living Space + Huge Rooftop Terrace, 10' Ceilings On Main Flr W/Open Concept Living & Dining, Modern Kitchen, Cozy Family Room & W/O To Balcony. Master W/6 Pc Ensuite & Huge Walk-In Closet, Separate Entr Basement W/9' Ceiling, Spacious Living Area & 4Pc Bathroom. Close To Top Ranked Schools, Supermarkets 407/404...Must See!

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$1,299,000 - 62 Lord Durham Road, Markham

Townhouse for Sale in Markham

47 days on market

Neighbourhood: Unionville

4Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13536268
Property Type
Townhouse
Status
active
Days on Site
47
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
RE/MAX IMPERIAL REALTY INC.
Description

Luxurious Living Style Freehold Townhome In The Heart Of Downtown Markham. 3+1 Bedrooms & 4 Washrooms, Appx 3000 Sqft Of Living Space + Huge Rooftop Terrace, 10' Ceilings On Main Flr W/Open Concept Living & Dining, Modern Kitchen, Cozy Family Room & W/O To Balcony. Master W/6 Pc Ensuite & Huge Walk-In Closet, Separate Entr Basement W/9' Ceiling, Spacious Living Area & 4Pc Bathroom. Close To Top Ranked Schools, Supermarkets 407/404...Must See!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: Unionville

Discover Unionville

Unionville 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 Unionville

  • 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

Unionville 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 Lord Durham Road, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,189

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 $650/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.

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Markham. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Markham. Good resale value as demand remains consistent.

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 Unionville

I know Unionville 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 Lord Durham Road, Markham | $1,299,000 | Battaglia Team