139 Tea Rose Street, Markham, ON

$2,699,000
MLS#:N9052278
4 beds
5 baths
3000-3500 sqft
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 20, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Cachet. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,699,000 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.

  • 4 Bedrooms and 5 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 50.04 x 227.36 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the fully renovated hilltop jewel of Tea Rose Street, situated in Markham's most premier & high-valued community: Cachet! This custom-built 3-car garage / 4,100 total sqft / 4 Bedroom / 5 Bathroom home is situated on a quiet, wide, & tree-lined street surrounded by well-appointed family homes. Enjoy your expansive 0.34 acre lot in serene privacy with mature trees & wood + stone pillar fencing surrounding your oasis. Enjoy cherry, apricot, & plum picking from your mature tree garden. Lovingly maintained by the original owner (never rented out). The entire home has been newly renovated with no expense spared. Too many features & upgrades to list here (see feature sheet). Highlights include: new wide-plank white oak flooring; smooth 9-foot ceilings; new bathrooms with quartz counters / custom millwork / large-format porcelain slabs; 2 new circular staircases; new paint throughout; all new pot lights + light fixtures throughout; new appliances; finished basement with separate entrance, unique 9-foot soaring ceilings, & wet bar; custom feature walls; newer custom kitchen; newer triple-glazed windows; vaulted bedroom ceilings; walk-in closets; 3-car tandem garage with 12'5" ceilings; 7-car driveway with interlocking masonry; upgraded insulation; etc. Perfect location with quick access to prime Markham & Richmond Hill: 5 min to Hwys 404 & 407; 10 min to two GO Stations; 8 min to two Costcos; minutes to T&T, Whole Foods, etc; minutes to Downtown Markham, Markville Mall, First Markham Place, Hillcrest Mall, & Main Street Unionville; minutes to upscale Angus Glen CC & Golf Course; 8 min to York University Markham Campus. Top-rated school zone: Pierre Elliott Trudeau HS; St. Augustine CHS.; etc!

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Property Summary

This detached home located at 139 Tea Rose Street, Markham is currently for sale and has been available on SousaSells for 723 days. This property is listed at $2,699,000 with an estimated mortgage of $8,984* per month. It has 4 beds, 5 bathrooms, and is 3000-3500 square feet. 139 Tea Rose Street, Markham is in the Cachet neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
5
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 20, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size50.04 × 227.36 Feet
CountyYork
Annual Tax$10,838.33
Legal DescriptionSee Schedule B for the Legal Description.

Parking & Garage

Parking Spaces10.0
Garage Spaces7
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed, Public Transit, Rec./Commun.Centre, Park, Electric Car Charger, School

Interior Features

Auto Garage Door Remote, Central Vacuum, In-Law Capability, Storage, Upgraded Insulation, Water Heater

Security Features

Security System, Alarm System

Community Features

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Location

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139 Tea Rose Street, Markham, ON
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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 139 Tea Rose Street, Markham, ON L6C 1Y3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

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Interest Rate4.00%
Down Payment$809,700 (30.0%)
* Minimum Canadian down payment required for this price is $539,800.
Amortization Period30 Years
Estimated Monthly Payment$8,984Based on a loan of $1,889,300 over 30 years.
Purchase Price$2,699,000
Loan Amount$1,889,300
Provincial Land Transfer Tax:$53,950
Total Estimated Closing Taxes:$53,950

About Purchasing a Home in Markham, ON

For a property listed at $2,699,000 in Markham, the legal minimum down payment is $539,800 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 $53,950 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 $53,950.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cachet, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,961,746

People & Families

Age Distribution

Household Composition

One-person households
16%
Families with children
54%
Couples without children
25%
Other households
5%

Top Ethnic Origins

Chinese45%
South Asian18%
Canadian6%
English5%

Local Schools Guide

Elementary Schools

Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.