42 Jerman Street, Unit 4, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Old Markham Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $798,000 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 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Located in the highly sought-after Old Markham Village community, this beautifully renovated 3-bedroom condo townhouse offers bright, spacious living just steps from Markham Main Street. The main floor features an open concept living and dining area with updated laminate flooring, while the eat-in kitchen impresses with quartz countertops, an elegant backsplash, a generous breakfast bar, pot lights, and a separate side entrance. Upstairs, you'll find three well-sized bedrooms with updated flooring and ample closet space, along with a beautifully renovated 4-piece main bath. The finished basement adds valuable extra space with a large recreation area, full bathroom, and abundant storage, perfect for a home office, gym, or playroom. Enjoy a private outdoor patio space with side-door access in addition to a large shared backyard space as well as a private driveway which features two car parking. Ideally situated near the Markham Village Community Centre, parks, top-rated schools, and the charming shops and restaurants of Historic Main Street, this home also offers easy access to GO Transit, TTC, YRT, and Highway 407 for seamless commuting throughout the GTA.
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Property Summary
This townhouse located at 42 Jerman Street, Markham is currently for sale and has been available on SousaSells for 426 days. This property is listed at $798,000 with an estimated mortgage of $2,656* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 42 Jerman Street, Markham is in the Old Markham Village neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Features
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Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 Jerman Street, Markham, ON L3P 3P1
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 $798,000 in Markham, the legal minimum down payment is $54,800 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 $12,435 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 $12,435.
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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.