20 16th Lane, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Unionville. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,650,000 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 5 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 60.75 x 110.54 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Air Exchanger, Auto Garage Door Remote, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Presenting a rare opportunity to own a custom-built 5400sf, original-owner residence on a 60-foot lot in a prestigious Unionville cul-de-sac. Meticulously maintained with outstanding craftsmanship, this home features an open-concept main living area plus a formal dining room. The gourmet kitchen is a chef's dream-high-end appliances, built-in coffee machine, chef's pantry and a large island ideal for entertaining. A private office (or 5th bedroom) and a family room with a gas fireplace with stone mantle and pot lighting complete the main level. The master retreat offers an expansive custom walk-in closet and a spa-like ensuite. The finished lower level includes a theatre room seating 8+, a nanny suite with full bath, a Cantina and abundant storage. Outside, enjoy a professionally landscaped oasis with stone patio, PVC decking and glass railing, an enclosed screened gazebo with LED lighting and a gas fireplace, sprinkler system and storage shed. The home leads to a tandem three-car garage with intelligent remote and soft-close opener. Permanent LED Holiday lights. Located near top-ranked schools (St. Justin's, Coledale, St. Augustine's), shopping and local amenities, this exceptional home is a rare find. Don't miss out, book your showing today. Take the Virtual Tour-https://www.cirius3d.com/tour/454733
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Interior Features
Air Exchanger, Auto Garage Door Remote, Central Vacuum, In-Law Suite
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Pricing & Value Insights
Data-driven valuation for 20 16th Lane, Markham, ON L3R 0M2
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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 $2,650,000 in Markham, the legal minimum down payment is $530,000 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 $52,725 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 $52,725.
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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.