$1,738,000 - 82 Penny Crescent, Markham
Detached for Sale in Markham
Popular ListingNeighbourhood: Markham Village
- MLS Number
- N13483612
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Markham
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Markham Village * Executive Residence * Designer Renovations * Spa-Inspired Primary Ensuite * Resort-Style Backyard * Inground Pool * Finished Basement * Meticulously maintained and beautifully renovated, this exceptional executive residence in Markham Village blends timeless elegance with modern luxury. A grand foyer introduces gracious living and dining rooms that flow effortlessly into the beautifully appointed kitchen and inviting family room, creating an ideal setting for both entertaining and everyday living. Rich hardwood flooring and generously proportioned principal rooms reflect the home's exceptional quality throughout. The serene primary retreat features his and hers double closets and a stunning spa-inspired ensuite with heated floors, skylight, custom wall detailing, built-in dresser, double vanity, freestanding soaker tub, and glass walk-in shower. Two bedrooms share a beautifully updated semi-ensuite, while the main bath offers a custom steam shower. The finished basement extends the living space with new luxury vinyl plank flooring, an expansive recreation area, games space, and a dedicated office or fitness room. Outside, a private backyard oasis showcases an inground pool, stone patio, cabana, rock garden, irrigation system, and mature landscaping, offering a peaceful setting for relaxing or entertaining. Extensive updates provide exceptional peace of mind. Ideally located close to parks, shopping, restaurants, GO Transit, local transit, and highly regarded schools. This magnificent home is truly move in ready.
Estimate your monthly payments for this property
Estimated Payment
$7,687.76/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 Markham Village
Markham Village 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 Village
- •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 Village 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.
82 Penny Crescent, 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 $695/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.
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.
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 Markham Village
I know Markham Village 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.
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 $7,242 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.