61 Karma Road, Markham, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Markville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,368,000 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.
- 4 Bedrooms and 3 Bathrooms
- Premium 31.05 x 124.2 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: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Desirable Schools:Markville S.S, Central Park P.S.***Gracious---Family Home In The Core Of Markville Neighbourhood**Functional & Open Concept Floor Plan--Step Into Warm--Cozy--Happy Vibe Family Hm & Carefully-Cared/Meticulously-Maintained Hm---Spaciously Appointed Lr/Dr Rooms & Eat-In/Updated Kitchen W/S-S Appl & Well-Proportioned(Poised) Family Rm & Easy Access To Delightful--Private Backyard**Oversized--Spacious Primary Bedroom Combined Sunny-Sitting Room Area(Easily Converted To A Private Den Or 4Th Bedroom)**Good Size Of 2Bedrooms---Fully Finished & Spacious& Renovated Basement W/Kitchentte(Wet Bar) & Newer 3Pcs Washroom & Den Area**Updated Windows Thru-out**Updated Roofing**Updated Garage Door**Updated Washrooms**Good Size Of Sundeck & Freshly-Maintained/Happy-Colourful Garden***2-Cars Garage Door & 4Cars Parking Driveway***Super Clean/Clean---Perfectly Move-In Condition Home***
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Property Summary
This detached home located at 61 Karma Road, Markham is currently for sale and has been available on SousaSells for 749 days. This property is listed at $1,368,000 with an estimated mortgage of $4,554* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 61 Karma Road, Markham is in the Markville 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
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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 Karma Road, Markham, ON L3R 4S8
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 $1,368,000 in Markham, the legal minimum down payment is $273,600 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 $23,835 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 $23,835.
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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.