117 Romfield Circuit, Markham, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Royal Orchard. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,239,999 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 45 x 175 ft lot
- Features a finished with walk-out 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: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Spacious 3+2 Bedroom Bungalow with Walkout Basement in Prestigious Royal Orchard Rare opportunity to own a spacious and versatile 3+2 bedroom bungalow in the highly sought-after Royal Orchard community, ideally located just off Bayview Avenue. This well-maintained home offers a bright, functional layout with generously sized principal rooms, perfect for comfortable family living. The fully finished walkout basement features 2 bedrooms, a kitchen, and a full bathroom, making it ideal for an in-law suite, multi-generational living, or potential rental income. Separate access to the lower level adds flexibility and convenience. Situated on a desirable lot in a prime location, this home is close to top-rated schools, parks, golf courses, shopping, restaurants, public transit, and major highways. Enjoy the convenience of urban amenities while living in one of the area's most established and family-friendly neighborhoods. A fantastic opportunity for families, investors, and builders a like-don't miss your chance to own in prestigious Royal Orchard!
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Pricing & Value Insights
Data-driven valuation for 117 Romfield Circuit, Markham, ON L3T 3H7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Markham, ON
For a property listed at $1,239,999 in Markham, the legal minimum down payment is $248,000 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 $21,275 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 $21,275.
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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.