16 Thomas Reid Road, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Victoria Square. Expertly crafted featuring premium stucco (plaster) and brick veneer construction, this residence presents an exceptional opportunity offered at $2,690,000 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 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 105.48 x 285.19 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Storage, Water Softener
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Beautifully Renovated And Expanded Family Home On A Quiet, Highly Desirable Street. Meticulously Maintained And Thoughtfully Updated Throughout, This Move-In Ready Residence Offers Spacious Principal Rooms, A Functional Layout, And Quality Finishes Designed For Modern Living. The Professionally Added Extension Provides Generous Living Space Filled With Natural Light, While The Finished Lower Level Offers Additional Space For Work, Recreation, Or Entertainment. Enjoy A Private Backyard Featuring A Saltwater Pool, Cabana, And Mature Landscaping-Perfect For Family Enjoyment And Entertaining. Ideally Located Near Top-Rated Schools, Parks, Shopping, Transit, And Major Highways. A Rare Opportunity To Own A Turnkey Home In One Of The Area's Most Sought-After Neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 16 Thomas Reid Road, Markham, ON L6C 1A5
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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 $2,690,000 in Markham, the legal minimum down payment is $538,000 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 $53,725 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 $53,725.
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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.