$2,988,000

For sale

20 Cherry Blossom Lane, Markham (Royal Orchard) - Single Family for Sale

20 Cherry Blossom Lane, Markham (Royal Orchard), Ontario, L3T3B9

6 beds4 baths6 parking2,750 ft²76 × 139 ft (10,564 sq ft) lot sizeListed 22 days ago

Overview

This 6-bedroom, 4-bathroom home in Markham is for sale offering roughly 2,750 sq ft of space. It has been on the market 22 days, fresher than the Markham average of 55 days.

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Description

MUSKOKA IN THE CITY! A MASTERPIECE REIMAGINED! Discover An Extraordinary Resort-Inspired Residence Nestled On A Rare Approx. 76 x 138 Ft Ravine Lot In One Of Royal Orchard's Most Coveted Enclaves. Extensively Architecturally Reimagined & Meticulously Designer-Renovated, This Exceptional Home Showcases A Beautiful Fusion Of Contemporary Luxury, Timeless Elegance & Nature. Every Detail Reflects Thoughtful Design, From Exquisite Custom Millwork & Sophisticated Finishes To Stunning Oversized 32" x 64" Large-Format Porcelain Tile Flooring Throughout The Main Floor. Offering Approx. 4,250 Sq Ft Of Total Living Space, The Residence Features Multiple Living Areas, 3 Fireplaces & Elegant Spaces For Entertaining. A Breathtaking 10-Foot-Wide Dining Room Picture Window Frames The Lush Ravine Like A Living Masterpiece, Bringing Natural Light & The Beauty Of Every Season Indoors. Step Outside To Your Own Private Resort-Style Sanctuary, Featuring A Heated Inground Pool, Mature Trees, Lush Greenery & Exceptional Privacy. A Separate Basement Entrance & Walkout To The Ravine-Facing Yard Offer Remarkable Versatility. Complete With A Whole-House Water Filtration System & Ideally Located Near Toronto Ladies Golf Club & Thornhill Golf & Country Club. A Rare Opportunity To Experience Architectural Elegance, Refined Luxury & The Tranquility Of Nature In The Heart Of The City! (id:66096)

Property Details

MLS®: N14005278
Property Type: Single Family
Zoning: *SPECTACULAR UNIQUE RAVINE LOT!*
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 76 × 139 ft (10,564 sq ft)
Frontage: 76 ft
Storeys: 2
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Partial bathroom: 1.94 x 1.62 meters
Living room: 5.9 x 3.9 meters
Family room: 4.1 x 3.9 meters
Dining room: 5 x 4.07 meters
Kitchen: 4.06 x 4.06 meters
Laundry room: 4.6 x 1.2 meters
Office: 4.07 x 3.13 meters

Second level

Bedroom 4: 3.81 x 3.29 meters
Primary Bedroom: 5.42 x 3.92 meters
Bedroom 2: 3.81 x 2.9 meters

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Water Treatment, Hood Fan, Blinds, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood, Vinyl, Porcelain Tile
Foundation: Concrete
Exterior: Brick, Stucco
Lot Features: Irregular lot size, Conservation/green belt, Lighting

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Markham (Royal Orchard) listings, avg age

55d

Price / ft²

$1,087

List price

$2.99M

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 6-bed single family in Markham (Royal Orchard) has been listed for 22 days, which is 33 days fresher than the city average of 55. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · SAMIRA MAHMOUDI POUR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $2,988,000, about 31.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $583,661 (20% down, 25-yr amortization, stress-tested) — roughly 514% 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)

$2,988,000· $1,087/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $597,600

Min 20%50%

Mortgage payment$12,743/mo

Property tax (est.)$718/mo

Total monthly$13,461

Cash Needed to Close

Down payment (20%)$597,600

Land transfer tax$61,175

Est. closing costs$11,464

Total cash needed$670,239

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