$998,000

For sale

48 Cottonwood Court, Markham (Bayview Fairway-Bayview Country Club Estates) - Single Family for Sale

48 Cottonwood Court, Markham (Bayview Fairway-Bayview Country Club Estates), Ontario, L3T5X1

4 beds4 baths4 parking1,750 ft²16 × 155 ft (2,443 sq ft) lot sizeListed 19 days ago

Overview

This 4-bedroom, 4-bathroom home in Markham is for sale offering roughly 1,750 sq ft of space. Listed at $998,000, it is attractively priced about 29% below the $1,399,800 median asking price in Markham. It has been on the market 19 days, fresher than the Markham average of 40 days.

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Description

Exceptional Parkside Living in Prestigious Bayview Fairways! Nestled on a quiet, family-friendly court, this bright and spacious 3+1 bedroom & 3+1 bathroom home boasts a rare, expansive pie-shaped lot with breathtaking views of German Mills Settlers Park-a truly distinctive offering in the neighbourhood! Backing directly onto picturesque parkland, the property offers a tranquil backyard retreat surrounded by natural beauty. Featuring beautiful hardwood flooring, a charming brick fireplace, and a spacious eat-in kitchen with tasteful updates and walkout to a generous deck overlooking lush greenery and scenic parkland. Three well-appointed upper-level bedrooms include a primary suite with a private 4-piece ensuite and a spacious walk-in closet. The finished walk-out basement offers a recreation room, additional bedroom, 4-piece bathroom, and direct backyard access-ideal for extended family or multigenerational living. Select kitchen and bathroom upgrades enhance comfort and functionality. Conveniently located near high-ranking schools (St. Robert Catholic High School), scenic trails, golf courses, shopping, transit, and major highways. A Rare Opportunity to Enjoy Expansive Outdoor Space, Spectacular Parkland Views, and Versatile Family Living in One of Markham's Most Desirable Communities! (id:66096)

Property Details

MLS®: N14086426
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 16 × 155 ft (2,443 sq ft)
Frontage: 16 ft
Storeys: 3
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.98 x 3.16 meters
Dining room: 5.98 x 3.16 meters
Family room: 4.7 x 2.9 meters
Kitchen: 6.32 x 2.25 meters

Upper Level

Primary Bedroom: 4.54 x 3.84 meters
Bedroom: 3.06 x 3.06 meters
Bedroom: 3.06 x 3.06 meters

Lower level

Recreational, Games room: 6.11 x 2.75 meters
Bedroom: 3.46 x 2.38 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Central Vacuum, Stove, Range, Dryer, Window Coverings
Flooring: Hardwood, Laminate, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

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

19d

Markham (Bayview Fairway-Bayview Country Club Estates) listings, avg age

40d

Price / ft²

$570

List price

$998K

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 4-bed single family in Markham (Bayview Fairway-Bayview Country Club Estates) has been listed for 19 days, which is 21 days fresher than the city average of 40. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · VIVI DONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $998,000, about 10.5× the local median household income of $95,000.

Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 105% 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)

$998,000· $570/ft²

For sale

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Full Cost Breakdown

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Down Payment7.49% · $74,800

Min 7.49%50%

Mortgage payment$5,118/mo

↳ CMHC premium ($36,928 capitalized)

Property tax (est.)$517/mo

Total monthly$5,635

Cash Needed to Close

Down payment (7.49%)$74,800

Land transfer tax$16,435

Est. closing costs$5,494

Total cash needed$96,729

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