58 River Valley Crescent, Markham, ON

$2,088,888
MLS#:N9304343
5 beds
5 baths
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on October 24, 2024. 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 Victoria Manor-Jennings Gate. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,088,888 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
  • Premium 44.99 x 88.63 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum, Sauna
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To Your Dream Home! This Stunning 4+1 Bedroom Home Nestled In The Tranquil High Demand Family Neighbourhood Of Victoria Manor! The Impressive Entrance Foyer & Living Room Feature A Grand Open Design, Filled With An Abundance Of Natural Light. The Main Floor Boasts High Ceilings & Hardwood Flooring Thru-Out. The Heart Of The Home Is The Gourmet Chef's Kitchen, Equipped W/Stainless Steel Appliances, Elegant Granite Countertops & Ample Storage. Functional Layout W/Generous Living Spaces, Including A Spacious Living Rm, Family Rm, Formal Dining Area & Laundry Rm On Main Level. The Primary Bedroom Offers a Spa-Like 5Pc Ensuite W/Standing Shower & Soaker Tub. Walk-In His & Her Closet. The Professionally Finished Basement Includes 1 Additional Bedroom & Bathroom with Built-in Infrared Sauna & A Spacious Great Rm With Built In Bar Designed ForEntertaining. The Backyard Offers Expansive Outdoor Living Dining Space That Is Perfect For Family & Friend Gatherings.

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Property Summary

This detached home located at 58 River Valley Crescent, Markham is currently for sale and has been available on SousaSells for 679 days. This property is listed at $2,088,888 with an estimated mortgage of $6,953* per month. It has 5 beds, 5 bathrooms, and is unknown square feet. 58 River Valley Crescent, Markham is in the Victoria Manor-Jennings Gate neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 24, 2024
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size44.99 × 88.63 Feet
CountyYork
Annual Tax$7,004.88
Legal DescriptionLOT 25, PLAN 65M3877, MARKHAM. S/T EASEMENT FOR EN

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Greenbelt/Conservation, Hospital, Park, Place Of Worship, School

Interior Features

Auto Garage Door Remote, Central Vacuum, Sauna

Security Features

Community Features

Location

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58 River Valley Crescent, 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 58 River Valley Crescent, Markham, ON L6C 3G9

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$626,666 (30.0%)
* Minimum Canadian down payment required for this price is $417,778.
Amortization Period30 Years
Estimated Monthly Payment$6,953Based on a loan of $1,462,222 over 30 years.
Purchase Price$2,088,888
Loan Amount$1,462,222
Provincial Land Transfer Tax:$38,697
Total Estimated Closing Taxes:$38,697

About Purchasing a Home in Markham, ON

For a property listed at $2,088,888 in Markham, the legal minimum down payment is $417,778 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 $38,697 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 $38,697.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Victoria Manor-Jennings Gate, Markham.

Verified Local Data
City Population338,503
City Median Age41.6 Yrs
City Ownership83% Owners
Avg Area List Price$1,908,339

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

Lincoln Alexander
Public38 Hillmount Road, Buttonville, Markham, Ontario, L6C 2H4
9.0
Victoria Square
Public50 Prince Of Wales Drive, Markham, Ontario, L6C 0K2
7.6
Ashton Meadows
PublicButtonville, Markham, Ontario
9.4
Buttonville
Public141 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C2
7.9
Sainte-Marguerite-Bourgeoys
Public111 John Button Boulevard, Buttonville, Markham, Ontario, L3R 9C1
9.5

Secondary Schools

St. Augustine
Catholic2188 Rodick Road, Buttonville, Markham, Ontario, L6C 1S3
10.0
Pierre Elliott Trudeau
Public90 Bur Oak Avenue, Markham, Ontario, L6C 2E6
9.5

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.