97 Mercer Crescent, Markham, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Raymerville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,990 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30.35 x 110.01 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 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
97 Mercer Crescent. A solid 1,042 square foot link detached bungalow on a quiet, established crescent in Markham's sought after Raymerville community. For the right buyer, this is a rare opportunity. A single floor home with 2 bedrooms plus a den, 2 bathrooms, a fully finished basement, single car garage, and a private driveway, set on a 30.35 by 110.01 foot lot in one of Markham's most stable, family driven communities. Inside, the layout is bright and ready for its next chapter. The main level offers a true bungalow flow with comfortable principal rooms, two bedrooms, and a full bathroom. Downstairs, the finished basement effectively doubles the usable footprint, adding a flexible den that lives beautifully as a third bedroom or home office, a second full bathroom, and a generous recreation area. The perfect setup for extended family, a rental opportunity, or a renovator's vision. Raymerville is one of Markham's most steadily appreciating pockets, with mature trees, quiet crescents, and a community that protects its character. Walk to Markville Mall for groceries, dining, and daily essentials. Five minutes to Centennial GO Station for an easy ride into Union. Minutes to Markham Civic Centre, Markham Theatre, and the Highway 7 main street corridor. Quick access to Highways 407 and 404. Close to top rated Markham schools, Markham Stouffville Hospital, and the trails of Milne Dam Conservation Park. This is a home that rewards every buyer profile. Downsizers gain a single floor lifestyle in a coveted Markham community. Renovators see a 30 by 110 foot lot, a finished lower level, and the chance to modernize a deeply liveable footprint. Investors recognize the rental fundamentals of Raymerville: strong school zones, GO transit, and consistent tenant demand.A quiet crescent. A patient build of value.
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Pricing & Value Insights
Data-driven valuation for 97 Mercer Crescent, Markham, ON L3P 4K2
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About Purchasing a Home in Markham, ON
For a property listed at $699,990 in Markham, the legal minimum down payment is $44,999 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 $10,475 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 $10,475.
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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.