5 Lakevista Avenue, Markham, ON
Property Highlights
Welcome to this remarkable Sidesplit 3 detached located in the coveted neighborhood of Bullock. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,188,800 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 1100-1500 sqft on a premium 60.12 x 110.96 ft lot
- Features a finished, separate entrance 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Excellent Location! Fully Renovated with $$$ Upgrades! Expansive 60 x 110 Ft Lot! Detached 3-Level Sidesplit Home in the Highly Sought-After Milne Conservation Park Area. Offering Bright and Spacious Living Space, This Home Features a Freshly Painted Interior , Smooth Ceilings, Abundant Potlights, and Upgraded Engineered Hardwood Flooring on the Main Levels. The Renovated Kitchen with Granite Countertops, High-Gloss Lacquer Cabinets, Top-of-the-Line Stainless Steel Appliances, and New Tile Flooring. Spacious Open-Concept Living and Dining Areas Are Filled with Natural Light Through Large Updated Windows. Renovated Bathrooms Provide a Fresh, Modern Feel.The Finished Basement with Separate Entrance Offers a Versatile Family Room with Upgraded Laminate Flooring, Ideal for Entertaining, a Home Office, or In-Law Potential. Exterior Upgrades Include a Widened Interlock Driveway, Fully Fenced Backyard with Mature Trees, and Well-Maintained Front and Back Gardens.Major System Updates Include New Plumbing (2020), New Roof (2020), New Heating System (2020), and Updated A/C for Year-Round Comfort. Garage Equipped with EV Charger Power Outlet for Electric Vehicle Owners.Excellent Investment Potential! Included with the Sale Are Architectural Drawings for a Future Rebuild, Offering Tremendous Opportunities for Builders, Investors, or End-Users Looking to Customize Their Dream Home on a Premium Lot.Prime Location! Steps to Top-Ranked Roy H. Crosby Public School and Markville Secondary School, Milne Dam Conservation Park, Markville Mall, Foody Mart, and GO Transit. Easy Access to Highway 7 and McCowan Road. Family-Friendly Neighbourhood with Mature Trees and Established Homes.
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Property Summary
This detached home located at 5 Lakevista Avenue, Markham is currently for sale and has been available on SousaSells for 444 days. This property is listed at $1,188,800 with an estimated mortgage of $3,957* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 5 Lakevista Avenue, Markham is in the Bullock neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Greenbelt/Conservation, Hospital, Public Transit, School, River/Stream, Rec./Commun.Centre
Interior Features
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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 5 Lakevista Avenue, Markham, ON L3P 1H4
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 $1,188,800 in Markham, the legal minimum down payment is $237,760 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 $20,251 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 $20,251.
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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.