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 $1,299,999 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.
Priced to Sell!! Welcome to 21 Summerlea St! Discover this spacious 5+1 bedroom detached home located in the highly sought-after Middlefield community. Situated on a generous lot, this solid brick home seamlessly blends elegance and functionality, featuring hardwood flooring throughout. The backyard offers an enclosed second kitchen, perfect for those who love to cook and entertain. The bright family room provides a warm gathering space, complete with a cozy gas fireplace. The second level boasts five generously sized bedrooms, including a primary retreat with a walk-in closet and 4-piece ensuite. The finished basement is ideal for entertaining, showcasing a wet bar with mirrored backsplash overlooking a large recreation room, along with an additional bedroom and washroom-adding exceptional value. Garage, Driveway and Roof (2024). Prime location! Close to top-ranked schools, places of worship, Pacific Mall, shopping, GO Train, TTC, and Hwy 401/407. This gem won't last-schedule your showing today!
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Data-driven valuation for 21 Summerlea Street, Markham, ON L3S 4H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.
About Purchasing a Home in Markham, ON
For a property listed at $1,299,999 in Markham, the legal minimum down payment is $260,000 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 $22,475 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 $22,475.
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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.