$1,999,000 - 77 Forty Second Street, Markham
Detached for Sale in Markham
New — Listed 3 days agoNeighbourhood: Markville
- MLS Number
- N13698838
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- HC REALTY GROUP INC.
An Exceptional 5+2 Bedroom, 6-Bathroom Residence In The Heart Of Highly Sought-After Markville! Ideally Positioned On A Quiet Interior Street Away From Busy Main Roads, This Distinctive Home Offers A Rare Combination Of Prime Location, Privacy, Modern Design And Exceptional Living Space. Beautifully Reimagined And Extensively Updated, The Home Stands Out In The Neighbourhood With Its Contemporary Exterior, Thoughtfully Redesigned Layout And Stylish Interior Finishes. Step Into The Dramatic 17-Ft Grand Foyer Featuring Elegant Coffered Ceilings, Pot Lights, Large Windows, A Stunning Glass-Railing Staircase And Warm Natural Wood-Tone Flooring, Creating A Bright And Sophisticated Modern Aesthetic Throughout. Featuring 5 Generous Bedrooms And 6 Bathrooms, Including A Rare Main-Floor Ensuite Bedroom With Separate Side Entrance, Ideal For Guests, Parents Or A Private Home Office. The Bright Modern Kitchen Features A Large Centre Island, Abundant Cabinetry And Generous Counter Space, Opening To Spacious Principal Rooms Designed For Both Everyday Living And Entertaining. The Primary Bedroom Features A Custom-Fitted Closet. The Professionally Finished Basement Offers Outstanding Additional Living And Entertainment Space With A Wet Bar, Custom Cabinetry And Counters, Sauna, Theatre Room With Built-In Bluetooth Speakers, Additional Bedroom And Recreation Area. Numerous Upgrades Include A/C Replaced In 2023, Whole-House Water Softener, EV Charging Station And Security Camera System. Professionally Finished Interlock Driveway Provides Ample Parking In Addition To The Garage. Walk To Markville Secondary School, Parks And Neighbourhood Amenities, With Shopping, Transit, Restaurants And Major Routes Minutes Away. A Truly Special Home Combining An Outstanding School District, Quiet Setting, Modern Design, Abundant Natural Light And Exceptional Lifestyle In One Of Markham's Most Desirable Communities!
Estimate your monthly payments for this property
Estimated Payment
$8,842.25/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 Markville
Markville 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 Markville
- •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
Markville 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.
77 Forty Second Street, 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 $666/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.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Markham.
Bathroom Count Matters
With 6 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.