40 Rosemount Avenue, Markham, ON

$1,988,000
MLS#:N9508513
5 beds
5 baths
7.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Thornlea. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,988,000 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 5 Bathrooms
  • Premium 48.14 x 146.16 ft lot size
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite, Upgraded Insulation, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning & Tastefully Fully Renovated Home, Perfectly Situated On A Spectacular Pie Shape 9762 Sqft Ravine Lot In Prime Thornhill Location. Rarely Offered On The Leafy Rosemount Ave This Detached Four Bedroom Plus One, Five Bathroom Home Offers Spanning Close To 5000 Sqft Luxurious Living Space, Serene Backyard Widens On The Back With Gorgeous Ravine View.The Property Features An Inviting Foyer W/ Natural Walnut Flooring. The Living Room Overlooks The Front Yard W/Bamboo & Japanese Maple, Connects To The Sunlit High Ceiling Addition Family Room With Gas Fireplace Overlooking Trees, River and Inground Swimming Pool. The High End Finishes and Custom Millwork Add A Level Of Sophistication And Comfort To This Room. The Chef's Kitchen Shines W/ Custom Made Cabinets, Brand New 36 Inch Gas Rangetop And Built In Fridge, Perfectly For Entertaining, Seamlessly Connected To The Oversized Deck For Outdoor Lounging and Barbecuing. Positive Energy Flows Indoors and Outdoors. Breakfast Area Overlooking The Private Garden And Opens Into Formal Dining Room Which Is Adored With A Gas Fireplace, Modern Lighting and Beautiful Stained Glass. A Main level Office Offers Great Versatility, Laundry, Two Piece Powder Room Completes The Level. The Second Level Features The Spacious Primary Suite, W/Walk-in Closet And A Five Piece Luxurious Ensuite, Heated Floor W/ Oversized Custom Glass Shower and Standby Bathtub W/Jaccuzi. A Private & Serene Retreat For The Homeowners awaits, W/ Beautiful Views Through Large Windows And Three-Storey Deck. Three Additional Well-Proportioned Bedrooms Each W/Their Own Feature. The Walk Out Lower Level Has Large Recreation Room, A Fifth Bedrm Offers The Convenience Of In-Law Suite, A Three-piece Bathroom And Ample Storage. Landscaped Front Yard No Sidewalk, Steps To Retail, Restaurants & Parks. Mins To Hwy 404/407.Top Tier School District Bayview Fairways P.S. (Score 10 Ranked 1/3021) Reputable St. Roberts S.S. Thornlea S.S. Wonderful Sense of Community.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 40 Rosemount Avenue, Markham is currently for sale and has been available on SousaSells for 628 days. This property is listed at $1,988,000 with an estimated mortgage of $6,617* per month. It has 5 beds, 5 bathrooms, and is unknown square feet. 40 Rosemount Avenue, Markham is in the Thornlea neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 11, 2024
Sold price information is available to members only
Listed Date10/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size48.14 × 146.16 Feet
CountyYork
Annual Tax$9,360
Legal DescriptionPCL 19-1, SEC 65M2083 ; LT 19, PL 65M2083 , S/T LT115222, LT157914 ; S/T LT79936 MARKHAM

Parking & Garage

Parking Spaces7.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Suite, Upgraded Insulation, Water Heater Owned, Water Softener

Security Features

Community Features

Virtual Tours

Location

Initializing map...
40 Rosemount Avenue, Markham, ON
Loading local market trends...

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 Rosemount Avenue, Markham, ON L3T 6S7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Markham.

Configure Loan Settings

Interest Rate4.00%
Down Payment$596,400 (30.0%)
* Minimum Canadian down payment required for this price is $397,600.
Amortization Period30 Years
Estimated Monthly Payment$6,617Based on a loan of $1,391,600 over 30 years.
Purchase Price$1,988,000
Loan Amount$1,391,600
Provincial Land Transfer Tax:$36,235
Total Estimated Closing Taxes:$36,235

About Purchasing a Home in Markham, ON

For a property listed at $1,988,000 in Markham, the legal minimum down payment is $397,600 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 $36,235 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 $36,235.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,967,216

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

Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Coledale
Public60 Coledale Road, Buttonville, Markham, Ontario, L3R 7W8
8.4

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.