$1,239,999

For sale

117 Romfield Circuit, Markham (Royal Orchard) - Single Family for Sale

117 Romfield Circuit, Markham (Royal Orchard), Ontario, L3T3H7

5 beds2 baths3 parking45 × 175 ft (7,875 sq ft) lot sizeListed 139 days ago

Overview

This 5-bedroom, 2-bathroom home in Markham is for sale. Listed at $1,239,999, it is attractively priced about 16% below the $1,475,000 median asking price in Markham.

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Description

Welcome to Spacious 3+2 Bedroom Bungalow with Walkout Basement in Prestigious Royal Orchard Rare opportunity to own a spacious and versatile 3+2 bedroom bungalow in the highly sought-after Royal Orchard community, ideally located just off Bayview Avenue. This well-maintained home offers a bright, functional layout with generously sized principal rooms, perfect for comfortable family living. The fully finished walkout basement features 2 bedrooms, a kitchen, and a full bathroom, making it ideal for an in-law suite, multi-generational living, or potential rental income. Separate access to the lower level adds flexibility and convenience. Situated on a desirable lot in a prime location, this home is close to top-rated schools, parks, golf courses, shopping, restaurants, public transit, and major highways. Enjoy the convenience of urban amenities while living in one of the area's most established and family-friendly neighborhoods. A fantastic opportunity for families, investors, and builders a like-don't miss your chance to own in prestigious Royal Orchard! (id:66096)

Property Details

MLS®: N13460372
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Lot Size: 45 × 175 ft (7,875 sq ft)
Frontage: 45 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,805/yr
Listed

Rooms

Main level

Living room: 16 x 12.16 meters
Dining room: 11.4 x 9.4 meters
Bedroom: 14.66 x 9.91 meters
Bedroom 2: 9.4 x 9.25 meters
Bedroom 3: 12.75 x 9.9 meters
Kitchen: 10.5 x 8.8 meters

Basement

Dining room: 22.5 x 14.1 meters
Kitchen: 12.25 x 10.5 meters
Bedroom: 12.6 x 8.8 meters
Laundry room: 13.3 x 5.8 meters

Features

Appliances: Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Foundation: Unknown
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

139d

Markham (Royal Orchard) listings, avg age

55d

List price

$1.24M

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Markham (Royal Orchard) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ZIBA GHAIBI BOVEIRI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $1,239,999, about 13.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $242,215 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.

Median household income: $95,000
Population: 50,405
Median age: 47.2
Owner / renter: 76% / 24%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3T)

$1,239,999

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.98% · $98,999.90

Min 7.98%50%

Mortgage payment$6,326/mo

↳ CMHC premium ($45,640 capitalized)

Property tax (est.)$484/mo

Total monthly$6,810

Cash Needed to Close

Down payment (7.98%)$99,000

Land transfer tax$21,275

Est. closing costs$6,220

Total cash needed$126,495

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