37 Rachett Road, Markham, ON

$990,000
MLS#:N13560528
4 beds
4 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Greensborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $990,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 28 x 91 ft lot
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Built-In Oven, Carpet Free, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Amazing Corner 4+1 Bed With Den And 4 Wash Detached Home In High Demand Greensborough Community. Newly Painted Main Floor With Hardwood Floors, Pot Lights And Fireplace. Gourmet Kitchen With Built in S/S Appliances And Spacious Breakfast Area Opens To The Backyard With Interlocking. Huge Bedrooms With Ample Light, Master With Ensuite And Walk-In Closet. Finished Basement With 4 Pc Bathroom. Walking Distance To Go Station, School, Swan Lake Park.

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Property Summary

This detached home located at 37 Rachett Road, Markham is currently for sale and has been available on SousaSells for 2 days. This property is listed at $990,000 with an estimated mortgage of $3,295* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 37 Rachett Road, Markham is in the Greensborough neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size28 × 91 Feet
CountyYork
Annual Tax$4,734
Legal DescriptionLOT 15, PLAN 65M3663, MARKHAM. T/W EASE OVER BLK M PL M1793 AS IN LT340775. S/T RT AT ANY TIME PRIOR TO THE COMPLETE ACCEPTANCE BY THE TOWN OF MARKHAM OR THE REGIONAL MUNICIPALITY OF YORK, AS IN YR484750. S/T RT UNTIL COMPLETE ACCEPTANCE OF SUBDIVISION BY THE TOWN OF MARKHAM, AS IN YR594039.

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, School

Interior Features

Built-In Oven, Carpet Free, Countertop Range

Security Features

Community Features

Location

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37 Rachett Road, Markham, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 37 Rachett Road, Markham, ON L6E 1W5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$297,000 (30.0%)
* Minimum Canadian down payment required for this price is $74,000.
Amortization Period30 Years
Estimated Monthly Payment$3,295Based on a loan of $693,000 over 30 years.
Purchase Price$990,000
Loan Amount$693,000
Provincial Land Transfer Tax:$16,275
Total Estimated Closing Taxes:$16,275

About Purchasing a Home in Markham, ON

For a property listed at $990,000 in Markham, the legal minimum down payment is $74,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,275 for this transaction. As this listing is in Markham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $16,275.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Greensborough, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,089,602

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Castlemore
Public1580, Markham, Ontario
9.2
St Julia Billiart
Public2070 Bur Oak Avenue, Markham, Ontario, L6E 1X5
7.5
Mount Joy
Public281 Williamson Road, Markham, Ontario, L6E 1X1
7.6
Greensborough
Public80 Bur Oak Avenue, Markham, Ontario, L6E 1J5
7.6
Little Rouge
Public571 Country Glen Road, Markham, Ontario, L6B 1E8
6.4

Secondary Schools

St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.