$1,627,800

For sale

128 Reeve Drive, Markham (Markham Village) - Single Family for Sale

128 Reeve Drive, Markham (Markham Village), Ontario, L3P6C6

5 beds3 baths6 parking2,250 ft²52 × 110 ft (5,720 sq ft) lot sizeListed 18 days ago

Overview

This 5-bedroom, 3-bathroom home in Markham is for sale offering roughly 2,250 sq ft of space. It has been on the market 18 days, fresher than the Markham average of 32 days.

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Description

Beautifully maintained and offered for the first time in 35 years, this exceptional family home is located on prestigious Reeve Drive in one of Markham's most sought-after neighbourhoods. Pride of ownership is evident throughout this spacious residence featuring a bright, popular layout, main floor with elegant living and dining rooms, a cozy family room with a fireplace overlooking the beautiful backyard. The kitchen is equipped with stainless steel appliances, pot lights, and a sun-filled breakfast area with large windows and a walk-out to the yard, perfect for everyday living and entertaining. The second floor offers four generously sized bedrooms, including a spacious primary retreat, featuring a walk-in closet and a newly renovated 3-piece ensuite. The finished basement provides additional living space with a fifth bedroom, large recreation room, office, cold cellar, and workshop. Step outside to your private backyard oasis, complete with mature landscaping and an interlock patio ideal for summer barbecues and outdoor gatherings. Enjoy the conveinence of being just minutes from historic Markham Village, charming restraunts, cafes, the library, Milne Conservation Park, Morgan Pool, communty centres, Markham Stouffville Hospital, GO Transit, public transit, and Highway 407. A rare opportunity to own a cherished home on one of Markham's most prestigious streets. (id:66096)

Property Details

MLS®: N14090106
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 2,250 ft²
Lot Size: 52 × 110 ft (5,720 sq ft)
Frontage: 52 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 5.86 x 3.46 meters
Dining room: 4.56 x 3.46 meters
Family room: 5.06 x 3.35 meters
Kitchen: 5.49 x 3.08 meters
Laundry room: 2.27 x 2.25 meters

Basement

Recreational, Games room: 7.92 x 5.44 meters
Office: 3.96 x 2.44 meters
Bedroom 5: 4.04 x 3.15 meters

Second level

Primary Bedroom: 5.02 x 3.46 meters

Features

Appliances: Washer, Refrigerator, Water meter, Central Vacuum, Barbeque, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings, Garage door opener, Water Heater
Flooring: Hardwood, Carpeted
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Irregular lot size, Conservation/green belt

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Markham (Markham Village) listings, avg age

32d

Price / ft²

$723

List price

$1.63M

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 (Markham Village) has been listed for 18 days, which is 14 days fresher than the city average of 32. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · IRENE LOVE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3P)

This home lists at $1,627,800, about 14.2× the local median household income of $115,000.

Carrying it typically needs a household income of about $317,966 (20% down, 25-yr amortization, stress-tested) — roughly 176% above the area median.

Median household income: $115,000
Population: 37,336
Median age: 47.2
Owner / renter: 85% / 15%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L3P)

$1,627,800· $723/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $325,560

Min 20%50%

Mortgage payment$6,942/mo

Property tax (est.)$539/mo

Total monthly$7,481

Cash Needed to Close

Down payment (20%)$325,560

Land transfer tax$29,031

Est. closing costs$7,383

Total cash needed$361,974

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