39 Silverado Hills Drive, Markham, ON
Property no longer active
This property was sold on January 18, 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 Cathedraltown. Expertly crafted featuring premium brick 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.
- 3 Bedrooms and 3 Bathrooms
- Premium 31.17 x 98.62 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This property is located in the center of Cathedral Town, a highly cost-effective detached house. The main floor features nine-foot ceilings, an open-concept kitchen, dining, great room and a spacious backyard, with every room filled with sunlight. It boasts an excellent location, just a few minutes' drive from Highway 404 and within walking distance to restaurants, pharmacies, shopping centers, and banks. The community has a beautiful environment and good security, making it your ideal cozy home.
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Property Summary
This detached home located at 39 Silverado Hills Drive, Markham is currently for sale and has been available on SousaSells for 582 days. This property is listed at $1,390,000 with an estimated mortgage of $4,627* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 39 Silverado Hills Drive, Markham is in the Cathedraltown neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 39 Silverado Hills Drive, Markham, ON L6C 0H2
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.