Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Victoria Manor-Jennings Gate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,990,000 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.
Private Estate Dream or Development Potential. Seize this increasingly rare opportunity-one of the few remaining estate acreage properties in Markham. This sprawling 6.11-acre, west-facing property is strategically positioned in Markham's prime Future Growth Area; there is little land this size left in Markham to acquire. The substantial existing residence is a 6-bedroom, 6-bathroom raised bungalow ready for moving in, rebuilding, rental income, or a grand renovation. Enjoy incredible west-facing vistas of the rolling hills, natural landscape, and daily sunsets. With close proximity to top communities and Markham's top-tier amenities, this property represents the perfect combination of location, lifestyle, and investment potential. Endless possibilities include: 1) Realize your dream vision by building a new, custom luxury home 2) Seize the development opportunity in Markham's prime future growth area 3) Transform the existing large estate bungalow into a sprawling modern masterpiece 4) Explore severance potential and build two or more grand estate homes or 5) Hold for significant land bank appreciation in a rapidly growing and appreciating corridor. Opportunities of this magnitude are increasingly rare. There is nothing else like it. Seller makes no representations or warranties.
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This detached home located at 10050 Warden Avenue, Markham is currently for sale and has been available on SousaSells for 254 days. This property is listed at $2,990,000 with an estimated mortgage of $9,953* per month. It has 6 beds, 6 bathrooms, and is 3000-3500 square feet. 10050 Warden Avenue, Markham is in the Victoria Manor-Jennings Gate neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.In-Law Suite, Intercom, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 10050 Warden Avenue, Markham, ON L6C 1N3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
About Purchasing a Home in Markham, ON
For a property listed at $2,990,000 in Markham, the legal minimum down payment is $598,000 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 $61,225 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 $61,225.
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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.