98 Chloe Crescent, Markham

Price: $1,349,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13569132

A Rare Masterpiece of Design, Comfort, and Financial Opportunity! Step up to a home that truly stands out on the street. The front of the property features a custom-designed Arched Concrete Driveway, a premium architectural upgrade that offers both a sophisticated look and lasting durability. This isn't just a driveway and install exterior lighting all around the house enhanced brightness, safety and overall appearance of the property. It's a statement of quality that welcomes you home every single day. THE MAIN LIVING SPACE Inside, you will find a home that has been loved and meticulously maintained. The heart of the house features a well-maintained kitchen with plenty of space for family meals. The 2 nd floor offers four bright bedrooms, providing ample space for a growing family or a dedicated home office. THE BACKYARD RETREAT (Your Year-Round Oasis) Step through the back door and enter your private sanctuary. The backyard has been professionally designed for maximum enjoyment. Relax under the large Gazebo, strategically placed right beside the back door for easy access. It features a custom Arched Bench and a unique design that allows you to enjoy the outdoors during the beautiful summer months or even stay sheltered during the winter. It is the perfect spot for morning coffee or evening relaxation. THE INCOME ADVANTAGE (The Lower Level) The lower level offers incredible versatility and a major financial boost. This surprisingly painted basement is bright and inviting, featuring two additional bedrooms and modern, nice washrooms. With its own Separate Side Entrance, this space is perfectly set up as a high- quality rental suite. In this high-demand neighbourhood, this layout makes it exceptionally easy to rent out, providing you with significant extra income to help pay your mortgage! Don't miss this incredible opportunity to own a home that offers a luxury lifestyle and a smart investment all in one. Schedule your private tour today

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$1,349,000 - 98 Chloe Crescent, Markham

Detached for Sale in Markham

39 days on market

Neighbourhood: Middlefield

6Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13569132
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Markham
Listing Brokerage
ROYAL LEPAGE IGNITE REALTY
Description

A Rare Masterpiece of Design, Comfort, and Financial Opportunity! Step up to a home that truly stands out on the street. The front of the property features a custom-designed Arched Concrete Driveway, a premium architectural upgrade that offers both a sophisticated look and lasting durability. This isn't just a driveway and install exterior lighting all around the house enhanced brightness, safety and overall appearance of the property. It's a statement of quality that welcomes you home every single day. THE MAIN LIVING SPACE Inside, you will find a home that has been loved and meticulously maintained. The heart of the house features a well-maintained kitchen with plenty of space for family meals. The 2 nd floor offers four bright bedrooms, providing ample space for a growing family or a dedicated home office. THE BACKYARD RETREAT (Your Year-Round Oasis) Step through the back door and enter your private sanctuary. The backyard has been professionally designed for maximum enjoyment. Relax under the large Gazebo, strategically placed right beside the back door for easy access. It features a custom Arched Bench and a unique design that allows you to enjoy the outdoors during the beautiful summer months or even stay sheltered during the winter. It is the perfect spot for morning coffee or evening relaxation. THE INCOME ADVANTAGE (The Lower Level) The lower level offers incredible versatility and a major financial boost. This surprisingly painted basement is bright and inviting, featuring two additional bedrooms and modern, nice washrooms. With its own Separate Side Entrance, this space is perfectly set up as a high- quality rental suite. In this high-demand neighbourhood, this layout makes it exceptionally easy to rent out, providing you with significant extra income to help pay your mortgage! Don't miss this incredible opportunity to own a home that offers a luxury lifestyle and a smart investment all in one. Schedule your private tour today

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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: Middlefield

Discover Middlefield

Middlefield 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 Middlefield

  • 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

Middlefield 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

98 Chloe Crescent, Markham

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,863

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 $675/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 39 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 6 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 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 Middlefield

I know Middlefield 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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    98 Chloe Crescent, Markham | $1,349,000 | Battaglia Team