487 FRED MCLAREN Boulevard, Markham, ON

$1,888,888
MLS#:N12064538
5 beds
5 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wismer. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,888,888 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
  • Generous living space spanning 2500-3000 sqft on a premium 45.01 x 86.81 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Bar Fridge, Carpet Free, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A MUST SEE! Experience unparalleled comfort and style at 487 Fred McLaren Blvd, a uniquely crafted home in the heart of Markham. Make a grand entrance through the impressive foyer with its soaring ~19 ft ceilings. The main level impresses with 9 ft ceilings, featuring a spacious living room with engineered hardwood flooring, arch windows, a formal dining room with kitchen access, a library perfect for a home office, and a family room warmed by a gas fp. The stunning custom kitchen boasts maple wood cabinetry, quartz countertops and backsplash, and high-end appliances. A large island with a 3 sided quartz waterfall edge in the centerpiece, complemented by under-cabinet lighting, pot lights, and modern fixtures. The oak stairs with style metal spindles upstairs. 2 laundry locations (main flr and primary ensuite). You'll find 2 primary bedroom suites; the second features a private ensuite bathroom with a standing shower, a walk-in closet, windows, and direct access to a large balcony. proximity to highly-ranked schools. This property offers a luxurious primary bedroom retreat featuring a sitting area, motorized blinds, and extensive custom wardrobe with an integrated bench and a organized walk-in closet. The highlight is the extensively renovated 6-piece ensuite with high-end finishes, heated tile floors, sophisticated custom lighting (ceiling/baseboard strip), and separate "his and hers" designer vanities. Extensively renovated bsmt (meticulous custom design and high-end materials), creating an entertainer's dream space with pot lights, an elec. fireplace, and wet bar (storage and bar fridge). Sep office, a guest br with a wardrobe, gorgeous 3-piece bathroom, and a sep entertainment rm with built-in speakers, a Dimplex fireplace, and a queen-size sofa. Upgrades include soundproofed ceiling insulation, German luxury laminate flr with upgraded underlayment, step rise lights, elegant stair wallpaper, a custom post with metal spindles. More in inclusions section . . .

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Property Summary

This detached home located at 487 FRED MCLAREN Boulevard, Markham is currently for sale and has been available on SousaSells for 467 days. This property is listed at $1,888,888 with an estimated mortgage of $6,287* per month. It has 5 beds, 5 bathrooms, and is 2500-3000 square feet. 487 FRED MCLAREN Boulevard, Markham is in the Wismer neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 6, 2025
Sold price information is available to members only
Listed Date4/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size45.01 × 86.81 Feet
CountyYork
Annual Tax$6,512
Legal DescriptionLOT 93, PLAN 65M3809, MARKHAM; S/T A RIGHT FOR A PERIOD OF FIVE (5) YEARS FROM 2006 12 01 OR UNTIL PL 65M3809 HAS BEEN ASSUMED BY THE CORPORATION OF THE TOWN OF MARKHAM AS IN YR919034

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Fenced Yard, Hospital, Public Transit, School, School Bus Route

Interior Features

Bar Fridge, Carpet Free, In-Law Suite

Security Features

Community Features

Virtual Tours

Location

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487 FRED MCLAREN Boulevard, 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 487 FRED MCLAREN Boulevard, Markham, ON L6E 2H7

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.

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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 Rate4.00%
Down Payment$566,666 (30.0%)
* Minimum Canadian down payment required for this price is $377,778.
Amortization Period30 Years
Estimated Monthly Payment$6,287Based on a loan of $1,322,222 over 30 years.
Purchase Price$1,888,888
Loan Amount$1,322,222
Provincial Land Transfer Tax:$34,253
Total Estimated Closing Taxes:$34,253

About Purchasing a Home in Markham, ON

For a property listed at $1,888,888 in Markham, the legal minimum down payment is $377,778 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 $34,253 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 $34,253.

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City & Neighborhood Guide

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

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,207,846

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

Wismer
PublicMarkham, Ontario
8.5
San Lorenzo Ruiz
Public840 Bur Oak Avenue, Markham, Ontario, L6E 0E1
8.5
John McCrae
Public565 Fred McLaren Boulevard, Markham, Ontario, L6E 1N7
7.5
Fred Varley
Public81 Alexander Lawrie Avenue, Markham, Ontario, L6E 0J8
7.6
Mount Joy
Public281 Williamson Road, Markham, Ontario, L6E 1X1
7.6

Secondary Schools

Bur Oak
Public933 Bur Oak Avenue, Markham, Ontario, L6E 1G4
8.9
St. Brother André
Catholic6160 16th Avenue, Markham, Ontario, L3P 3K8
7.9

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.