50 Summerdale Drive, Markham, ON
Property no longer active
This property was sold on October 6, 2025. This listing is for reference purposes only. to view the sold price.
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 $1,299,888 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.
- 4 Bedrooms and 3 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 46.03 x 108.53 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
An exceptional location such as this is rarely available. Welcome to Thornlea, one of Markham's most established and desirable communities. Renowned for its top-ranked schools, expansive parks, and quiet tree-lined streets, Thornlea offers an ideal setting for families seeking long-term value and lifestyle. Ideally situated in the heart of the neighbourhood, this detached two-storey residence features four bedrooms and three bathrooms. Offering ample potential for customization, it presents an outstanding opportunity to renovate or reimagine according to your personal vision. Properties in Thornlea seldom come to market, and when they do, they are quickly secured - making this a rare chance to invest in one of Markham's most prestigious enclaves.
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Property Summary
This detached home located at 50 Summerdale Drive, Markham is currently for sale and has been available on SousaSells for 316 days. This property is listed at $1,299,888 with an estimated mortgage of $4,327* per month. It has 4 beds, 3 bathrooms, and is 2500-3000 square feet. 50 Summerdale Drive, Markham is in the Thornlea 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
Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
None
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Community 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 50 Summerdale Drive, Markham, ON L3T 6W5
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 $1,299,888 in Markham, the legal minimum down payment is $259,978 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 $22,473 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 $22,473.
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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.