$1,588,000 - 8 Simsbury Court, Markham
Detached for Sale in Markham
Neighbourhood: Milliken Mills West
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- MLS Number
- N13781606
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Markham
- Taxes (2025)
- $6,366
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Offer Anytime. A turnkey powerhouse and rare investment gem in the heart of Markham! Completely transformed with over $350K in top-to-bottom renovations (2024), this expansive 3,346 sq. ft. 5-level backsplit offers exceptional multi-generational flexibility and unmatched rental income potential-fully renovated with official City Building Permits (2024) and Fire Department safety approvals (2024) for ultimate peace of mind and code-compliant quality! The thoughtfully designed layout features 1+1 modern kitchens (2024) with brand-new stainless steel appliances (2024) plus an entertainer's bar (2024); the upper levels boast 4 spacious bedrooms, each complete with its own private ensuite bathroom (2024), closet, and window, while the separate-entrance lower level houses an additional 3-bedroom suite with its own kitchen (2024) and living area. Extensively upgraded throughout, including a new roof (2024), skylight (2024), windows (2024), complete luxury flooring (2024), designer pot lights (2024), all custom bathrooms (2024), and an upgraded 200-amp electrical panel (2024), while the exterior showcases an oversized double garage and a newly interlocked extra-long driveway (2024) accommodating 7+ vehicles. Perfectly positioned in a high-demand AAA rental hub just steps to TTC and YRT transit, top-ranked public & Catholic schools, parks, T&T Supermarket, Shoppers Drug Mart, banks, and dining, this exceptional, permit-approved masterpiece (2024) is truly an opportunity not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$7,024.26/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 Milliken Mills West
Milliken Mills West 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 Milliken Mills West
- •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
Milliken Mills West 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.
8 Simsbury Court, 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 $794/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.
Market Position
At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.
About Milliken Mills West
I know Milliken Mills West 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.