18 Rouge Street, Markham, ON

$1,380,000
MLS#:N9252589
5 beds
3 baths
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Vinegar Hill. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,380,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Premium 49.5 x 198.21 ft lot size
  • Features a partially finished, walk-out 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome home to 18 Rouge St. This spacious, custom built bungalow is offered by the original owner of approximately 45 years. The immaculately maintained home is perfectly situated on a premium 1/4 a lot in the tranquil Vinegar Hill community. It features beautiful perennial gardens, two garden cabins and a private oasis of natural beauty. This one of a kind home features a charming front porch, separate entrance to the walkout basement, hardwood floors on the main floor, 4 generous bedrooms, a huge kitchen with walk out to a deck and an enormous living room combined with dining room. An idyllic location, tucked away from the busy city and surrounded by nature, yet just steps away from Mainstreet, shopping, restaurants, schools, and transit.

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Property Summary

This detached home located at 18 Rouge Street, Markham is currently for sale and has been available on SousaSells for 702 days. This property is listed at $1,380,000 with an estimated mortgage of $4,594* per month. It has 5 beds, 3 bathrooms, and is unknown square feet. 18 Rouge Street, Markham is in the Vinegar Hill neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date8/13/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished, Walk-Out
Lot Size49.5 × 198.21 Feet
CountyYork
Annual Tax$6,722.54
Legal DescriptionLT 27 BLK L PL 173 MARKHAM

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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18 Rouge 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 18 Rouge Street, Markham, ON L3P 1K8

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$414,000 (30.0%)
* Minimum Canadian down payment required for this price is $276,000.
Amortization Period30 Years
Estimated Monthly Payment$4,594Based on a loan of $966,000 over 30 years.
Purchase Price$1,380,000
Loan Amount$966,000
Provincial Land Transfer Tax:$24,075
Total Estimated Closing Taxes:$24,075

About Purchasing a Home in Markham, ON

For a property listed at $1,380,000 in Markham, the legal minimum down payment is $276,000 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 $24,075 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 $24,075.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,272,248

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

St Patrick
PublicMarkham, Ontario
8.5
Roy H Crosby
Public115 Drakefield Road, Markham, Ontario, L3P 1G9
8.6
James Robinson
Public90 Robinson Street, Markham, Ontario, L3P 1N9
6.4
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8
William Armstrong
Public11 Major Button's Drive, Markham, Ontario, L3P 3G6
6.1

Secondary Schools

Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Father Michael McGivney
Public5300 14th Avenue, Markham, Ontario, L3S 3K8
8.5
Middlefield
Public525 Highglen Avenue, Markham, Ontario, L3S 3L5
7.4

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.