166 Sunway Square, Markham, ON

$1,108,000
MLS#:N9392456
3 beds
3 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Raymerville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,108,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 19.69 x 117.44 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautifully renovated freehold townhome, located in the desirable Raymerville community. Freshly painted with upgraded light fixtures throughout, the home features a combined living and dining area with updated hardwood flooring and LED pot lights. The classic kitchen is equipped with stainless steel appliances, a breakfast area & convenient walkout to the backyard deck. Upstairs, the primary bedroom boasts a walk-in closet and a 4-piece ensuite, complimented by two additional bedrooms, each finished with laminate flooring and California shutters. The finished basement provides a spacious recreation area, a cold room, and a separate laundry area, ensuring ample space and convenience. The low-maintenance backyard offers a large deck and patio area for outdoor entertaining, along with a vegetable garden. The location offers easy access to GO Transit, Highway 407 & 404, for effortless travel within the GTA. Enjoy the convenience of being within walking distance to top-rated schools like Markville Secondary School, local amenities such as Centennial Community Centre, Loblaw's Supermarket, Markville Mall, and Stargell Park.

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Property Summary

This townhouse located at 166 Sunway Square, Markham is currently for sale and has been available on SousaSells for 640 days. This property is listed at $1,108,000 with an estimated mortgage of $3,688* per month. It has 3 beds, 3 bathrooms, and is 1100-1500 square feet. 166 Sunway Square, Markham is in the Raymerville neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 25, 2024
Sold price information is available to members only
Listed Date10/11/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size19.69 × 117.44 Feet
CountyYork
Annual Tax$3,864.59
Legal DescriptionPT BLK 1 PL 65M3189, PT 3 65R19891; TOWN OF MARKHAM

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Rec./Commun.Centre, School, Fenced Yard

Interior Features

None

Security Features

None

Community Features

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Location

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166 Sunway Square, 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 166 Sunway Square, Markham, ON L3P 7X6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$332,400 (30.0%)
* Minimum Canadian down payment required for this price is $221,600.
Amortization Period30 Years
Estimated Monthly Payment$3,688Based on a loan of $775,600 over 30 years.
Purchase Price$1,108,000
Loan Amount$775,600
Provincial Land Transfer Tax:$18,635
Total Estimated Closing Taxes:$18,635

About Purchasing a Home in Markham, ON

For a property listed at $1,108,000 in Markham, the legal minimum down payment is $221,600 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 $18,635 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 $18,635.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,240,472

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

Ramer Wood
Public11 Cairns Drive, Markham, Ontario, L3P 7M8
7.1
James Robinson
Public90 Robinson Street, Markham, Ontario, L3P 1N9
6.4
Central Park
PublicCentral Park Drive, Unionville, Markham, Ontario, L3P 7G2
9.0
Fred Varley
Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8
7.6
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8

Secondary Schools

Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9
Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3

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.