48 Stately Way, Unit 24, Markham, ON

$799,000
MLS#:N12147365
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
Loading property media...

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Royal Orchard. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 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 with walk-out 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: Carpet Free, Auto Garage Door Remote, In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Dont miss this incredible opportunity to own a fully renovated townhouse in the highly sought-after Royal Orchard neighborhood. This bright and spacious home features an open-concept living and dining area with large windows, a modern kitchen with a stylish backsplash, three generously sized bedrooms with ample closet space, and two beautifully renovated bathrooms. The walkout basement leads to a large, private backyard with no rear neighbors, ideal for relaxing or entertaining. Additional highlights include a dedicated laundry room with a new washer and dryer and custom cabinetry. Located in a secure, family-friendly community, this home is just minutes from shopping, GO Transit, Highway 7, Highway 407, and the future subway station, offering the perfect blend of comfort, style, and convenience.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This townhouse located at 48 Stately Way, Markham is currently for sale and has been available on SousaSells for 426 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 48 Stately Way, Markham is in the Royal Orchard neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 24, 2025
Sold price information is available to members only
Listed Date5/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
CountyYork
Annual Tax$3,163.71

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, School

Interior Features

Carpet Free, Auto Garage Door Remote, In-Law Capability

Security Features

Community Features

Location

Initializing map...
48 Stately Way, Unit 24, 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 48 Stately Way 24, Markham, ON L3T 3Z8

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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Markham, ON

For a property listed at $799,000 in Markham, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,433,782

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

No elementary schools data loaded.

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.