21 Oak Lea Circle, Markham, ON

$1,299,000
MLS#:N12041917
4 beds
4 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 28, 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 Markham Village. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,299,000 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 4 Bathrooms
  • Premium 60 x 110 ft lot size
  • Features a finished 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: Bar Fridge, Central Vacuum, On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this 4-bedroom family home built in 1974 and loved by the current non-smoking owners for the last 25 years. It's conveniently located on a quiet, beautifully tree-canopied, street just down from Alma Walker Park that offers additional outdoor playing fields. As you enter the home you cannot help but notice the generous expanse of the Foyer with Pot Lights, the large coat closet and the freshness of newly painted walls. The Engineered (Brazilian Cherry) Hardwood floors 2005 will last several lifetimes.. The many upgrades to the home include re-shingling the Roof (2019). New Furnace, and Air Conditioner in (2020). New Siding with upgraded insulation, Windows (including the replacement of Living Room Picture window with Casements for cross-breeze) and new Garage Doors (2024). New pot lights on the main floor (2025). The Basement is brightly painted and was refinished in 2009 including the installation of Surround sound speakers, subwoofer, and wiring. The Tankless Hot Water System was installed also in 2009. The space offers a large area for social gatherings, a 3-piece bathroom and a study. The Kitchen upgrade in 2005 included solid wood cabinet doors and an extension to the granite counter that offers seating for 5. All bathrooms have been upgraded. The family room offers sliding door access to the back yard and the original fireplace is behind the wood shiplap feature wall that now houses an electric Fireplace and TV bracket. The home has 200 amp service. In addition to the community feel of the neighbourhood with Reesor Park P.S. and M.D.H.S. that are in walking distance of this home, the M.S. Hospital is one minute away and access to the 407 is less than 4 blocks away.

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Property Summary

This detached home located at 21 Oak Lea Circle, Markham is currently for sale and has been available on SousaSells for 478 days. This property is listed at $1,299,000 with an estimated mortgage of $4,324* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 21 Oak Lea Circle, Markham is in the Markham Village neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 28, 2025
Sold price information is available to members only
Listed Date3/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size60 × 110 Feet
CountyYork
Annual Tax$5,294
Legal DescriptionPCL 38-1, SEC M1488 ; LT 38, PL M1488 , S/T LB405653 ; MARKHAM

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Bar Fridge, Central Vacuum, On Demand Water Heater, Upgraded Insulation

Security Features

Community Features

Virtual Tours

Location

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21 Oak Lea Circle, 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 Oak Lea Circle, Markham, ON L3P 3M6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$389,700 (30.0%)
* Minimum Canadian down payment required for this price is $259,800.
Amortization Period30 Years
Estimated Monthly Payment$4,324Based on a loan of $909,300 over 30 years.
Purchase Price$1,299,000
Loan Amount$909,300
Provincial Land Transfer Tax:$22,455
Total Estimated Closing Taxes:$22,455

About Purchasing a Home in Markham, ON

For a property listed at $1,299,000 in Markham, the legal minimum down payment is $259,800 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 $22,455 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 $22,455.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,404,803

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

Reesor Park
Public69 Wootten Way North, Markham, Ontario, L3P 2Y5
7.0
Kateri Tekakwitha
Public230 Fincham Avenue, Markham, Ontario, L3P 4B5
8.4
Franklin Street
Public21 Franklin Street, Markham, Ontario, L3P 2S7
7.8
William Armstrong
Public11 Major Button's Drive, Markham, Ontario, L3P 3G6
6.1
Cornell Village
Public186 Country Glen Road, Markham, Ontario, L6B 1B5
7.2

Secondary Schools

Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9
Bill Hogarth
Public100 Donald Sim Avenue, Markham, Ontario, L6B 0R4
8.3

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.