20 Paramount Road, Markham, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,390,000 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.
- 4 Bedrooms and 6 Bathrooms with 2 functional kitchens
- Premium 65.63 x 123.08 ft lot size
- Features a finished, separate entrance 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: Water Heater Owned, Auto Garage Door Remote
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional Family-Ready Detached Raised Bungalow This inviting 3-plus-1 bedroom detached raised bungalow boasts over 65 feet of frontage and a spacious, family-oriented layout. Located across from a serene park in a sought-after Markham neighborhood, this home perfectly blends convenience with tranquility. The open-concept design features a large kitchen with a stylish island/breakfast bar, modern stainless-steel appliances, an induction stove, and a smart fridge with a display screen. The airy living and dining areas are ideal for hosting gatherings and entertaining guests. The main floor includes three well-sized bedrooms, each offering ample closet space and natural light. The primary bedroom features a convenient walk-in closet with 4 piece bathroom. The finished basement adds a fourth bedroom, versatile office and laundry. It also includes a non-conforming apartment with stainless steel appliances, perfect for an in-law suite or nanny, and holds potential as an income-producing unit with minimal adjustments. The expansive& well landscaped backyard is a standout feature, boasting a high-end outdoor kitchen with a built-in 42-inch Napoleon grill, sink, and ample concrete counter space with bar seating. The additional covered sitting area offers weather-friendly comfort, making it perfect for entertaining family and friends or enjoying peaceful moments outdoors. Additionally, the yard includes a dedicated sports area, ideal for basketball enthusiasts and active play. Conveniently located near Franklin Street Public School, Markham District High School, Markham Stouffville Hospital, community centers, parks, tennis clubs, grocery stores, restaurants, and public transportation options including TTC, GO, and YRT. Dont miss the chance to experience this exceptional home. Schedule your visit today and discover all that this property has to offer!
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Property Summary
This detached home located at 20 Paramount Road, Markham is currently for sale and has been available on SousaSells for 672 days. This property is listed at $1,390,000 with an estimated mortgage of $4,627* per month. It has 4 beds, 6 bathrooms, and is unknown square feet. 20 Paramount Road, Markham is in the Old Markham Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 20 Paramount Road, Markham, ON L3P 2V8
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 $1,390,000 in Markham, the legal minimum down payment is $278,000 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 $24,275 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 $24,275.
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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.