5 Mead Terrace, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wismer. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,798,088 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.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 47.97 x 88.67 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 5 Mead Terrace, an exceptional executive residence in one of Markham's most prestigious and family-oriented neighbourhoods. Offering approximately 5200 sq. ft. of luxurious living space, this grand home showcases timeless architecture, soaring ceilings, an impressive open-to-above design, and an elegant curved staircase that creates a stunning first impression. Designed for both everyday living and entertaining, the main floor features formal living and dining rooms, a spacious family room with fireplace, a private library ideal for a home office, and a chef-inspired kitchen complete with a centre island, breakfast area, butler's pantry, and walkout to the backyard. The functional layout seamlessly blends sophistication with comfort. The second level offers 4 generously sized bedrooms, including a luxurious primary retreat with a spa-inspired 5-piece ensuite, walk-in closet, and optional private deck. A rare second bedroom with its own ensuite and walk-in closet is perfect for extended family, guests, or multigenerational living, while the remaining bedrooms are connected by a convenient semi-ensuite bath. The upper-level laundry room adds everyday convenience. Situated on a premium lot in a quiet, highly sought-after enclave, this home is surrounded by top-ranked schools, beautiful parks, golf courses, shopping, restaurants, transit, and convenient access to Highways 404 and 407.
Upcoming Open Houses
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 5 Mead Terrace, Markham is currently for sale and has been available on SousaSells for 1 day. This property is listed at $1,798,088 with an estimated mortgage of $5,985* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 5 Mead Terrace, Markham is in the Wismer neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Other
Security Features
Community Features
Location
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 5 Mead Terrace, Markham, ON L6E 1E5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
Configure Loan Settings
About Purchasing a Home in Markham, ON
For a property listed at $1,798,088 in Markham, the legal minimum down payment is $359,618 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 $32,437 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 $32,437.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Wismer, Markham.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.