31 Fred Varley Drive, Markham, ON
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Unionville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,648,000 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 2 Bathrooms
- Premium 53 x 175.17 ft lot size
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This property offers a fantastic opportunity to reside in the heart of historic Unionville, combining convenience, space, and the potential to live in, renovate or build your dream home. The generous 53 x 175ft lot and its proximity to Main St. make it a prime location for enjoying all that the area has to offer. The well-maintained, one-owner home features a practical backsplit layout with a bright, open concept living and dining area. The spacious kitchen is ideal for home cooks, with ample cabinet and counter space. The upper level boasts three generously sized bedrooms and a main bathroom, ensuring plenty of room for the whole family. The lower level features, a family room with natural light coming from a walk-out to the deck. This space also includes a gas fireplace, adding warmth and coziness to the room. With a side entry and a fourth bedroom, this level could be easily adapted to accommodate in-laws or a nanny. Need more space? The basement features an updated bedroom with laminate flooring, a window, and additional storage space. Centrally located you are just steps away from trendy eateries, charming boutiques, and other local amenities. Schools, Toogood Pond, the Varley Art Gallery, and the library are all nearby, along with convenient local and GO transit options. This property offers a blend of comfort, space, and a desirable location, making it a great choice for your next home.
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Property Summary
This detached home located at 31 Fred Varley Drive, Markham is currently for sale and has been available on SousaSells for 678 days. This property is listed at $1,648,000 with an estimated mortgage of $5,486* per month. It has 5 beds, 2 bathrooms, and is unknown square feet. 31 Fred Varley Drive, Markham is in the Unionville 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 31 Fred Varley Drive, Markham, ON L3R 1S5
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 $1,648,000 in Markham, the legal minimum down payment is $329,600 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 $29,435 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 $29,435.
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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.