21 Lilac Avenue, Markham, ON

$1,388,000
MLS#:N9038703
5 beds
4 baths
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Aileen-Willowbrook. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $1,388,000 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 4 Bathrooms
  • Premium 32.71 x 128.9 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Are you looking for a spacious, affordable family home in a prime Thornhill neighbourhood? Look no further! Fabulous 4 + 1 bedroom home is waiting for you * This gem features an open concept kitchen with roomy flex room that could be a formal dining room or family room * Private deck off the kitchen that is perfect for BBQ/outdoor entertaining * Living area with 2 additional walkouts to Yard * Crown moulding, custom glass railings, skylights, and closet organizers throughout * The master bedroom offers a Beautifully renovated ensuite bath and spacious walk-in closet with built-ins * Main Bath with Steam Shower * The finished basement includes a bedroom with a 3-piece ensuite * Newer hardwood Upstairs * With loads of built-in desks and storage in the lower level, this home is perfect for a home office setup, or renovate to your liking * Huge interlock driveway for extra parking * Low Maintenance Cottage-like Back Yard * Located near top-ranked schools, public transportation, shopping, parks, and major highways * Your new home awaits!

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Property Summary

This detached home located at 21 Lilac Avenue, Markham is currently for sale and has been available on SousaSells for 731 days. This property is listed at $1,388,000 with an estimated mortgage of $4,620* per month. It has 5 beds, 4 bathrooms, and is unknown square feet. 21 Lilac Avenue, Markham is in the Aileen-Willowbrook neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 24, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionAluminum Siding, Brick
BasementFinished
Lot Size32.71 × 128.9 Feet
CountyYork
Annual Tax$5,593.24
Legal DescriptionPCL 50-3, SEC M1762 ; PT LT 50, PL M1762 , PART 22 , 66R10089 ; MARKHAM

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Carpet Free, Central Vacuum

Security Features

None

Community Features

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Location

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21 Lilac Avenue, 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 21 Lilac Avenue, Markham, ON L3T 5K1

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$416,400 (30.0%)
* Minimum Canadian down payment required for this price is $277,600.
Amortization Period30 Years
Estimated Monthly Payment$4,620Based on a loan of $971,600 over 30 years.
Purchase Price$1,388,000
Loan Amount$971,600
Provincial Land Transfer Tax:$24,235
Total Estimated Closing Taxes:$24,235

About Purchasing a Home in Markham, ON

For a property listed at $1,388,000 in Markham, the legal minimum down payment is $277,600 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 $24,235 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 $24,235.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,110,898

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

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
E T Crowle
Public
9.5
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Castlemore
Public1580, Markham, Ontario
9.2
Stonebridge
PublicStonebridge Drive, Markham, Ontario, L6C 2Z8
9.1

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5
Markville
Public1000 Carlton Road, Unionville, Markham, Ontario, L3P 7P5
9.0
Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9

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.