$999,000 - 74 Sunway Square, Markham
Townhouse for Sale in Markham
61 days on market- MLS Number
- N13096002
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 61
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- AIMHOME REALTY INC.
RemarksWelcome to this well-maintained cozy and Sun-Filled free hold townhouse in Raymerville community. It features 3+1 bedrooms and 4 bathrooms, 1+1 Kitchens, Spacious Primary Bedroom with 4-Pcs Ensuite Bathroom, A walk-out with separate entrance ground-level finished basement with a 4pcs bathroom and a kitchen inside, offering potential versatile multi-family living or significant rental income for buyers who want supplemental income. As per MPAC, totally more than 2000 square feet of living space including 1312sf on first floor and second floor, 824sf finished walk-out basement, the home has a oversize double-car garage offering super storage space & one extra parking spot on the driveway. About 90% of the whole townhouse was repainted in November 2025.This convenient home is located in a highly sought-after neighborhood with exceptional schools, including a top-ranking Markville Secondary School, a friendly neighborhood park & playground are just steps away & Raymerville Woodlot is around the corner for nature walks. It is close to all essential amenities such as Grocery stores, Banks, Restaurants and Markville Mall & Centennial Community Centre. It's also only a few minutes' driving from York University-Markham Campus. This home is a blend of comfort, convenience & contemporary living within one of the fastest growing cities in Ontario. It offers excellent access to public transportation with walking distance to Centennial GO Station and bus station. Highway 407 is also very close by. You will enjoy the conveniences of life in this home all the time after moving in.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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 Markham
Markham 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 Markham
- •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
Markham 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.
74 Sunway Square, 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
Fair Market Value
At $908/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.
Negotiation Opportunity
At 61 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.
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 $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.