20 Erla Court, Markham, ON
Property no longer active
This property was sold on November 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Middlefield. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,580,000 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.
- 8 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 45.37 x 139.35 ft lot
- Features a apartment, separate entrance 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: Auto Garage Door Remote, In-Law Suite, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Once in a lifetime opportunity to own a gorgeous DETACHED home WITH INCOME GENERATING BASEMENT APARTMENT! Welcome to your dream home AND your next smart investment! Located in a sought-after neighborhood on a quaint child safe Cul de Sac. This beautifully maintained property boasts 5 GOOD SIZED BEDROOMS with a HUGE MASTER BEDROOM SUITE INCLUDING A 5 PIECE BATH. Incredibly DEEP LOT SIZE is hard to come by. Grand ceramic tiled foyer leads into a large eat in kitchen which is connected to the family room. Main floor has an additional DEN that can be use as a BEDROOM or OFFICE. HERE'S THE GAME CHANGER: Property boasts a 2 BEDROOM basement apartment +a SEPARATE 1 BEDROOM + BATH. MONTHLY RENTAL INCOME POTENTIAL OF $3500! SEPARATE ENTRANCE for the basement apartment. New carpet just put in all the basement bedrooms. RENTAL INCOME PAYS THE MORTGAGE OR GENERATES PASSIVE INCOME! Comes with a backyard SHED. Roof 2019, All Main & 2nd floor, Broadloom 2017, Main Floor Tiles 2017, Furnace 2017, Windows 2017. This home has only had 2 OWNERS and been a place of abundance, growth, and deep connection for its current owners for the past 35 years. It has been lovingly cared for and is now ready to welcome its next chapter with new owners who will appreciate all it has to offer.
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Property Summary
This detached home located at 20 Erla Court, Markham is currently for sale and has been available on SousaSells for 281 days. This property is listed at $1,580,000 with an estimated mortgage of $5,259* per month. It has 8 beds, 5 bathrooms, and is 2500-3000 square feet. 20 Erla Court, Markham is in the Middlefield neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Place Of Worship, Cul de Sac/Dead End
Interior Features
Auto Garage Door Remote, In-Law Suite, Central Vacuum
Security Features
Community Features
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Location
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 20 Erla Court, Markham, ON L3S 3B3
Based on 0 recent similar sales in the pocket.
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 $1,580,000 in Markham, the legal minimum down payment is $316,000 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 $28,075 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 $28,075.
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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.