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 $2,480,000 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, lots of 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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Property Summary
This detached home located at 20 16th Lane, Markham is currently for sale and has been available on SousaSells for 19 days. This property is listed at $2,480,000 with an estimated mortgage of $8,255* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 20 16th Lane, Markham is in the Unionville neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Unionville, Markham.
- •5 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3500-5000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Unionville, Markham.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Air Exchanger
- Auto Garage Door Remote
- Central Vacuum
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 20 16th Lane, Markham, ON
Q.What is the asking price for 20 16th Lane, Markham, ON ?
The current listing price for 20 16th Lane, Markham, ON in Unionville, Markham is $2,480,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 20 16th Lane, Markham, ON ?
20 16th Lane, Markham, ON is a Detached (2-Storey) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Air Exchanger, Auto Garage Door Remote, Central Vacuum, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 20 16th Lane, Markham, ON L3R 0M2
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About Purchasing a Home in Markham, ON
For a property listed at $2,480,000 in Markham, the legal minimum down payment is $496,000 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 $48,475 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 $48,475.
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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.