$1,750,000

For sale

47 Mohandas Drive, Markham (Cedarwood) - Single Family for Sale

47 Mohandas Drive, Markham (Cedarwood), Ontario, L3S0E5

7 beds6 baths4 parking3,250 ft²40 × 116 ft (4,660 sq ft) lot sizeListed 16 days ago

Overview

This 7-bedroom, 6-bathroom home in Markham is for sale offering roughly 3,250 sq ft of space. It has been on the market 16 days, fresher than the Markham average of 48 days.

Houses for Sale in Markham →All real estate in Markham →

Description

Welcome to 47 Mohandas Dr, a stunning 5-bed, 6-bath executive home in desirable Markham area. This executive residence boasts approximately 3500 sq ft of luxurious living space above grade, nestled amongst picturesque ravines and backing onto the prestigious Remington Golf Club. The open-concept design seamlessly connects the gourmet kitchen, featuring quartz counters and Wolf appliances, to the spacious family room with a cozy gas fireplace. Main-floor bedroom with an attached washroom and a huge walk-in closet offers convenience and privacy, while the upper level boasts a luxurious master retreat with a 5-piece ensuite and a large walk-in closet. Two additional bedrooms share a Jack & Jill 5-piece bathroom, and the fourth bedroom features its own private ensuite. The lower level features a legal basement apartment with a separate entrance, ideal for extended family or rental income. The exterior is equally impressive with professional landscaping and. Located in a prime Markham/Steeles area, this home is just minutes from top-ranked schools, 407, shopping centers, and restaurants. (id:66096)

Property Details

MLS®: N14095162
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 6
Half Baths: 1
Parking: 4
Interior Size: 3,250 ft²
Lot Size: 40 × 116 ft (4,660 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Garage door opener remote(s), Water Heater
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Markham (Cedarwood) listings, avg age

48d

Price / ft²

$538

List price

$1.75M

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 7-bed single family in Markham (Cedarwood) has been listed for 16 days, which is 32 days fresher than the city average of 48. Act while there is still low competition.

Set a price alert Book a showing

Listed by CENTURY 21 PERCY FULTON LTD. · ABRAR AHMAD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3S)

This home lists at $1,750,000, about 16.5× the local median household income of $106,000.

Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 222% above the area median.

Median household income: $106,000
Population: 55,403
Median age: 39.6
Owner / renter: 83% / 17%
Avg. household size: 3.7

Source: Statistics Canada, 2021 Census (FSA L3S)

$1,750,000· $538/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment20% · $350,000

Min 20%50%

Mortgage payment$7,463/mo

Property tax (est.)$794/mo

Total monthly$8,257

Cash Needed to Close

Down payment (20%)$350,000

Land transfer tax$31,475

Est. closing costs$7,750

Total cash needed$389,225

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator