$1,299,000

For saleJust listed

56 Active Road, Markham (Commerce Valley) - Single Family for Sale

56 Active Road, Markham (Commerce Valley), Ontario, L3T0G2

3 beds5 baths4 parking2,125 ft²$349/mo condo feeListed 4 days ago

Overview

This 3-bedroom, 5-bathroom condo in Markham is for sale offering roughly 2,125 sq ft of space. It has been on the market 4 days, fresher than the Markham average of 47 days.

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Description

Luxury Freehold Townhome in a Prime Markham Location! This beautifully upgraded 3-bedroom, double-car garage townhome offers approximately 2,700 sq. ft. of stylish living space in one of Markham's most sought-after communities. Featuring 9-ft ceilings on the main, second and third levels, an exceptional open-concept layout, and elegant finishes throughout. The modern kitchen is equipped with quartz countertops, stainless steel appliances, and ample cabinetry. Highlights include hardwood flooring throughout, pot lights, an oak staircase with wrought-iron pickets, and a spacious private terrace-perfect for relaxing or entertaining. Ideally located just minutes to Highway 404 & 407, GO Transit, Viva/TTC, parks, top-rated schools, shopping, restaurants, and everyday amenities. A perfect blend of luxury, space, and convenience! (id:66096)

Property Details

MLS®: N14134478
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 2,125 ft²
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $349/mo
Fee Includes: Common Area Maintenance, Parking
Ownership: Condo/Strata
Property Tax: $6,434/yr

Rooms

Ground level

Family room: 16.4 x 10.5 meters

Second level

Living room: 18.37 x 12.14 meters
Dining room: 11.15 x 8.53 meters
Kitchen: 12.8 x 11.32 meters
Eating area: 11.65 x 7.55 meters

Third level

Primary Bedroom: 13.12 x 11.98 meters
Bedroom 2: 12.47 x 9.02 meters
Bedroom 3: 12.14 x 8.86 meters

Basement

Recreational, Games room

Features

Appliances: Washer, Refrigerator, Water softener, Central Vacuum, Dishwasher, Stove, Oven, Dryer, Microwave, Cooktop, Oven - Built-In, Window Coverings, Garage door opener remote(s)
Flooring: Hardwood, Laminate, Ceramic
Exterior: Brick, Stone
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Markham (Commerce Valley) listings, avg age

47d

Price / ft²

$611

List price

$1.30M

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 3-bed single family in Markham (Commerce Valley) has been listed for 4 days, which is 43 days fresher than the city average of 47. Act while there is still low competition.

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Listed by FIRST CLASS REALTY INC. · AMY PING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3T)

This home lists at $1,299,000, about 13.7× the local median household income of $95,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 167% 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)

$1,299,000· $611/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$536/mo

Condo fee$349/mo

Total monthly$7,506

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$22,455

Est. closing costs$6,397

Total cash needed$133,752

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