61 Imperial College Lane, Markham, ON

$1,080,000
MLS#:N12024987
5 beds
3 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Wismer. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,080,000 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 21.79 x 67.68 ft lot
  • Features a full 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: Auto Garage Door Remote, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Sun-Filled and Bright 2 Years New Corner Unit **Like SEMI-Detached** Double Car GARAGE Freehold Townhouse In The Well-Sought After Wismer Neighborhood! Top Ranked Bur Oak S.S! Spacious 2047 Sqft With Functional Layout ** Sparkle S4 Floorplan** ! Open Concept, Lots Of Window! 9' High Ceilings On 1st & 2nd. Hardwood Floor On All Levels. Kitchen With Granite Countertop! Dining Room W/O To Balcony! Great Location! Minutes To Park, Schools, Plaza, Mt Joy Go Station, Public Transits And Supermarkets! Whether You're Looking For Your First Home, Or Looking For Rental Income Cash Investment, This Property Is Sure To Meet Your Expectations.

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Property Summary

This townhouse located at 61 Imperial College Lane, Markham is currently for sale and has been available on SousaSells for 485 days. This property is listed at $1,080,000 with an estimated mortgage of $3,595* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 61 Imperial College Lane, 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
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 26, 2025
Sold price information is available to members only
Listed Date3/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementFull
Lot Size21.79 × 67.68 Feet
CountyYork
Annual Tax$4,443.42
Legal DescriptionPART BLOCK 1, PLAN 65M4615 MARKHAM, PART 161 65R39605 TOGETHER WITH AN UNDIVIDED INTEREST IN YORK REGION COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 1479 SUBJECT TO AN EASEMENT AS IN YR2721407 SUBJECT TO AN EASEMENT AS IN YR2927302 SUBJECT TO AN EASEMENT AS IN YR3277781 TOGETHER WITH AN EASEMENT OVER PART LOTS 19 AND 20 CONCESSION 7 MARKHAM, PARTS 50, 51 AND 54 PLAN 65R37932 AS IN YR3038851 TOGETHER WITH AN EASEMENT OVER PART LOT 20 CONCESSION 7 MARKHAM, PART 56 PLAN 65R37932 AS IN YR3038852 SUB

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Carpet Free

Security Features

Community Features

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Location

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61 Imperial College Lane, 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 61 Imperial College Lane, Markham, ON L6E 0V6

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$324,000 (30.0%)
* Minimum Canadian down payment required for this price is $216,000.
Amortization Period30 Years
Estimated Monthly Payment$3,595Based on a loan of $756,000 over 30 years.
Purchase Price$1,080,000
Loan Amount$756,000
Provincial Land Transfer Tax:$18,075
Total Estimated Closing Taxes:$18,075

About Purchasing a Home in Markham, ON

For a property listed at $1,080,000 in Markham, the legal minimum down payment is $216,000 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 $18,075 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 $18,075.

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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.