40 Lady Fern Drive, Markham, ON

$1,450,000
MLS#:N13135190
4 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Legacy. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,450,000 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
  • Generous living space spanning 2500-3000 sqft on a premium 32 x 130 ft lot
  • Features a unfinished 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful Detached 2-Storey Home. Spacious & Bright. 4 Bedrooms, 4 Bathrooms. Approximately 2800 Sq. Ft. In desirable Legacy Community. Family Sized Kitchen Combined with Breakfast Area, Walk-Out to Backyard. Family Room with Gas Fireplace. Direct Access from Garage. Main Floor Laundry Room. Featuring Double Door Entry Leading to Main Floor with 9 Ft. Ceiling. Close to All Amenities

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementUnfinished
Lot Size32 × 130 Feet
CountyYork
Annual Tax$6,078
Legal DescriptionLOT 194, PLAN 65M3133, MARKHAM. S/T RIGHT IN FAVOUR OF MINTO (MARKHAM) LIMITED & MARKHAM GLEN INC. UNTIL COMPLETE ACCEPTANCE BY THE TOWN & REGION AS IN LT1186506

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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40 Lady Fern Drive, 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 40 Lady Fern Drive, Markham, ON L3S 4C2

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.

Market Trend
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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 Rate5.25%
Down Payment$290,000 (20.0%)
* Minimum Canadian down payment required for this price is $290,000.
Amortization Period25 Years
Estimated Monthly Payment$6,913Based on a loan of $1,160,000 over 25 years.
Purchase Price$1,450,000
Loan Amount$1,160,000
Provincial Land Transfer Tax:$25,475
Total Estimated Closing Taxes:$25,475

About Purchasing a Home in Markham, ON

For a property listed at $1,450,000 in Markham, the legal minimum down payment is $290,000 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 $25,475 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 $25,475.

Nearby Listings

Distance:

No current listings found in Markham.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,397,769

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

Black Walnut
PublicBlack Walnut Drive, Markham, Ontario, L3S 4B1
8.4
Legacy
Public61 Russell Jarvis Drive, Markham, Ontario, L3S 4B1
8.0
Boxwood
Public30 Boxwood Crescent, Markham, Ontario, L3S 3P7
5.8
David Suzuki
Public45 Riverwalk Drive, Markham, Ontario, L6B 0L9
8.5
William Armstrong
Public11 Major Button's Drive, Markham, Ontario, L3P 3G6
6.1

Secondary Schools

Markham
Public89 Church Street, Markham, Ontario, L3P 2M3
8.3
Middlefield
Public525 Highglen Avenue, Markham, Ontario, L3S 3L5
7.4

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.