125 Reeve Drive, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Markham Village. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,739,990 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.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 108.39 x 64.3 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Offers Welcomed Anytime! Welcome to this lovely 4-bedroom carpet-free family home built in 1982 and lovingly occupied by the current owners for the last 33 years. The street (a micro community to itself) proves to be a premium and coveted street in Markham Village with its close proximity to the kms of Milne Park trails, Village Arena, Playground with Gazebo, Library and of course the shops and restaurants in the village. Access to the 407 is literally right around the corner. This McClintock home is enhanced with an impressive flagstone walkway leading to the double door entrance. The 4- car interlock driveway is set to the side of the home and flanked with mature trees. The kitchen and dining area have been beautifully updated (2019) to reflect a fresh space that is both functional and welcoming to large gatherings. Skylights, direct access to a large deck, built-in appliances and a plethora of cupboards make it a bright and fabulously functional combined area. The Mudroom/Laundry room (updated in 2020) is conveniently located off of the Kitchen with direct access to the double car garage. The tiered Family room has hardwood floors, a brick (gas) fireplace, California shutters and a vaulted ceiling. The Living room is located on the other side of the hall and is a perfect destination for movies or games while listening to the crackle of the wood-burning stone fireplace. This room offers direct access to the very private courtyard patio. On the second floor, The Primary bedroom has an adjoining sunken room which could be used as a nursery, study, artist's studio or yoga retreat. The family bathroom has a B/I heated towel rack, and a Pfister shower system with wall jets. All of the bedrooms have hardwood floors and Ceiling Fans. The extended deck belies the size of the side yard that can accommodate a small pool as other similar-sized properties have done.
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Property Summary
This detached home located at 125 Reeve Drive, Markham is currently for sale and has been available on SousaSells for 489 days. This property is listed at $1,739,990 with an estimated mortgage of $5,792* per month. It has 5 beds, 3 bathrooms, and is 2500-3000 square feet. 125 Reeve Drive, Markham is in the Markham Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 125 Reeve Drive, Markham, ON L3P 6C8
Based on 0 recent similar sales in the pocket.
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 $1,739,990 in Markham, the legal minimum down payment is $347,998 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 $31,275 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 $31,275.
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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.