16 Glendale Road, Markham, ON

$1,787,000
MLS#:N10428934
7 beds
4 baths
3000-3500 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Thornlea. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,787,000 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.

  • 7 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3000-3500 sqft on a premium 49.21 x 110.38 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via wood

Description

Detached a "MUST SEE" approx 3300-sf..4+4bdrm in Finished Basement has separate entrance..Best Value in PRIME THORNHILL community with right price..Huge House & Large lot..Walk to TTC/York Transit, min 404/407/401..Walk to school and many city amenities..Many High standard schools including IVY League St. Robert High School..2-car garage with Private paved driveway that can park add'l 4cars..extra Large Master bedroom w/ spacious bathroom & Walkin closet..Large Family Room w/ Fireplace..Separate entrance in CONCRETE STAIRWAY to a huge basement 3pc bath,4 Large Storage rooms..Large Laundry room has side door entry..extra 4-Large storage rooms in basement..Costco,shopping,hotels,theatre,spa, grocery, fast dining, etc along Hwy7..Property to sell "As is".

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Property Summary

This detached home located at 16 Glendale Road, Markham is currently for sale and has been available on SousaSells for 602 days. This property is listed at $1,787,000 with an estimated mortgage of $5,948* per month. It has 7 beds, 4 bathrooms, and is 3000-3500 square feet. 16 Glendale Road, Markham is in the Thornlea neighborhood.

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

Key Features

Bedrooms
7
Bathrooms
4
Kitchens
1
Living Area
3000-3500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 6, 2024
Sold price information is available to members only
Listed Date11/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size49.21 × 110.38 Feet
CountyYork
Annual Tax$7,385
Legal DescriptionLot 74 PLAN 65M2144, Markham

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceWood
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Park, Place Of Worship, Public Transit, School

Interior Features

Auto Garage Door Remote, Central Vacuum, In-Law Suite, Storage Area Lockers

Security Features

Community Features

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Location

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16 Glendale Road, 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 16 Glendale Road E, Markham, ON L3T 6Y2

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.

Market Trend
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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$536,100 (30.0%)
* Minimum Canadian down payment required for this price is $357,400.
Amortization Period30 Years
Estimated Monthly Payment$5,948Based on a loan of $1,250,900 over 30 years.
Purchase Price$1,787,000
Loan Amount$1,250,900
Provincial Land Transfer Tax:$32,215
Total Estimated Closing Taxes:$32,215

About Purchasing a Home in Markham, ON

For a property listed at $1,787,000 in Markham, the legal minimum down payment is $357,400 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 $32,215 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 $32,215.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,967,469

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

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4

Secondary Schools

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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.